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SWIFT

Binance’s wings clipped by Signature Bank, insider trading
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24 January, 2023

Binance’s wings clipped by Signature Bank, insider trading

Binance issued a statement explaining that Signature Bank advised that they will no longer "process SWIFT fiat (USD) transactions for...
Singapore eyes blockchain-based payment for cross-border transactions
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14 October, 2022

Singapore eyes blockchain-based payment for cross-border transactions

Ravi Menon noted that cross-border payments are blighted by several issues, the most significant being the speed of settling transactions...
SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments
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10 October, 2022

SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments

SWIFT's two experiments conducted in recent months proved that it was possible to move CBDCs on existing financial infrastructure.
Russia reconsiders stance on use of digital assets after past prohibitions
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9 September, 2022

Russia reconsiders stance on use of digital assets after past prohibitions

Following a barrage of sanctions and an ongoing row with the West, Russia is reportedly seeking to diversify its payment...
The CoinGeek Pulse Episode 94: Voyager files bankruptcy, DoJ goes after ‘crypto’ frauds, Meta shuts down Novi
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8 July, 2022

The CoinGeek Pulse Episode 94: Voyager files bankruptcy, DoJ goes after ‘crypto’ frauds, Meta shuts down Novi

Meta is shutting down its Novi wallet. The social media company is asking its users to withdraw their funds—either by...
Russia pushes plans for digital ruble to replace SWIFT
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3 July, 2022

Russia pushes plans for digital ruble to replace SWIFT

Olga Skorobogatova, first deputy chairman of the CBR, said the time horizon for a fully fleshed out and functioning digital...
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