SWIFT Plans to Launch CBDC Interconnection System in Next Two Years
Submitted by Anonymous (not verified) on Fri, 03/29/2024 - 09:40
SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess the viability of such a development, which included the participation of 38 institutions, including central banks and […]