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Bitcoin.com 2024-03-29 07:21:19

SWIFT Plans to Launch CBDC Interconnection System in Next Two Years

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

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