SWIFT Archives

SWIFT

7 December, 2023

Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features

India is eyeing a collaboration with U.S. Federal Reserve and HKMA for cross-border CBDC functionality to enhance international remittances and...

Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test

Business

Steve Kaaru

19 September, 2023

Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test

The new beta test focuses on interlinking CBDCs to foster cross-border payments, while a second test with 30 banks tests...

Business

Steve Kaaru

7 September, 2023

SWIFT taps Citi, BNY Mellon, other top banks for blockchain interoperability pilot

SWIFT’s experiment reportedly proved that its infrastructure can allow financial institutions to seamlessly tap into tokenization across multiple blockchains.

CBDCs could end SWIFT, Russia’s central bank executive says

Business

Wahid Pessarlay

14 July, 2023

CBDCs could end SWIFT, Russia’s central bank executive says

First Deputy Governor of the Bank of Russia Olga Skorobogatova said the digital ruble project will advance in stages, modeled...

Business

James Field

7 April, 2023

Sanctions, Russia and ‘crypto crime’

After Russia invades Ukraine, sanctions are back on the agenda, and when it comes to getting around them, misuse of...

Universal digital payments network for stablecoins and CBDCs unveiled at Davos

Business

Wahid Pessarlay

26 January, 2023

Universal digital payments network for stablecoins and CBDCs unveiled at Davos

Policymakers in Davos for the World Economic Forum (WEF) seized the opportunity to launch a payment network designed to encourage...

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Steve Kaaru

22 Nov 2024

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