Swift Financial News
11.10 / 19:57
markets
CBDC
DEX
Uniswap
swift
Was Chainlink’s (LINK) 35% rally just a buy rumor, sell the news event?
Since September, Chainlink (LINK) price has gained more than 25%, outperforming Bitcoin (BTC), Ethereum (ETH) and most altcoins. Currently, the project is the leading decentralized blockchain oracle solution and ranks 15th in terms of market capitalization when excluding stablecoins.
15.09 / 10:11
CBDC
swift
Swift Collaborates with Three Central Banks to Pilot CBDC Interoperability
Swift has partnered with three central banks to conduct beta testing of its central bank digital currency (CBDC) connector solution in an effort to advance cross-border payments using CBDCs.
13.09 / 22:21
CBDC
Adoption
swift
SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox
Three central banks have joined the beta phase of bank messaging platform SWIFT’s central bank digital currency (CBDC) interoperability project, the company announced Sept. 13. It has also entered a new phase of sandbox testing, it said.
12.09 / 16:09
business
XRP
Payments
Analysis
Opinion
swift
Ripple is staring down an opportunity to fix its closed system
In July, a United States judge ruled that Ripple Labs’ XRP (XRP) token was not a security when sold to the public on secondary markets. While the Securities and Exchange Commission will contest the decision, the broader cryptocurrency community has embraced it, as crypto trades on exchanges might sidestep the securities transaction label.
31.08 / 19:19
CBDC
Chainlink
swift
tokenization
Bank Messaging Firm SWIFT Leans Toward Blockchain Integration Over Unifying Tokenization After Experiments – Here's the Latest
Bank messaging network SWIFT has said that blockchain interoperability is a better approach in the short term to financial solutions than uniting Central Bank Digital Currencies (CBDC) and other assets into a single ledger.
31.08 / 13:27
Blockchain
Adoption
Chainlink
swift
SWIFT says blockchain integration ‘more plausible’ than unifying CBDCs
Bank messaging network SWIFT has recently shared a report highlighting how SWIFT can connect with blockchains and solve the issue of interoperability between different blockchain networks.
18.07 / 01:49
business
Blockchain
Adoption
Polygon
Banks
avalanche
swift
Cross-Chain
TradFi
Chainlink launches cross-chain protocol bridging blockchain to TradFi
The development firm behind the Chainlink protocol and its native LINK token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and private blockchains.
23.03 / 01:55
business
Blockchain
Technology
Stablecoin
transactions
swift
Usd Coin
Withdrawals
Xapo Bank to enable USDC deposits and withdrawals
Bitcoin custodian and licensed private bank Xapo Bank has partnered with financial technology company Circle to integrate USD Coin (USDC) payment rails as an alternative to SWIFT. Payment rails refer to the infrastructure and technology used to facilitate the movement of funds between parties in a financial transaction. Payment rails come in many forms, including traditional bank wires, credit card networks, and blockchain-based platforms.
15.03 / 17:59
Blockchain
Payments
regulation
sanctions
swift
settlement
Blockchain is the answer to Russia’s settlement issues, banking exec says
The adoption of blockchain is the right direction for Russia to solve its current settlement issues, according to an executive at Russia’s largest bank, Sberbank.
10.03 / 23:29
Blockchain
CBDC
Digital
HSBC
Simulation
swift
reports
testing
Swift Reports Positive Results from CBDC Pilot Test, Continues with Next Phase of Testing
The international payment system Swift has reported positive results from a pilot test of transfers between different central bank digital currencies (CBDCs), saying they see “clear potential and value” in it.
09.03 / 19:27
Ethereum
Hack
coinbase
security
DApp
Tax
swift
Multisig
Today in Crypto: Swift Sees ‘Clear Potential and Value’ in CBDCs, Whitehat Hackers Interested in Ethereum & Solana, Safeheron Says Multisig Wallets & Dapps are Vulnerable, Gate.io Plans Visa Crypto Debit Card
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
09.03 / 18:33
business
Blockchain
regulation
swift
testing
SWIFT moves to next phase of CBDC testing after positive results
According to a statement on Mar. 9, bank messaging platform Society for Worldwide Interbank Financial Telecommunications, or SWIFT, disclosed that the financial institution witnessed positive results related to its pilot test of linking different central bank digital currencies (CBDCs).
09.03 / 09:09
business
Binance
regulation
coinbase
Banks
swift
debate
Silvergate downfall sparks debate over whose fault it actually was
The voluntary liquidation of crypto-friendly bank Silvergate has sparked many to share their thoughts about the source of its troubles and the broader impact of the bank’s collapse on crypto.
22.01 / 03:27
business
Blockchain
Binance
transactions
swift
Binance's SWIFT banking partner set to ban USD transfers below $100K
Binance has informed its retail customer base of a potential incoming service disruption that may halt on and off-ramp bank payment transfers.
14.10 / 21:39
business
swift
Crypto Biz: $470B bank enters crypto — Probably nothing, right?
As crypto traders debate whether Bitcoin (BTC) is going to $25,000 or $15,000 first, the world’s largest financial institutions are laying the groundwork for mass adoption. The proverbial floodgates are unlikely to open before the United States provides a clear regulatory framework for crypto, but regulators and industry insiders are confident that guidance could come in 2023 at the earliest. In the meantime, megabanks like BNY Mellon, whose roots date back to 1784, are entering the space.
06.10 / 18:59
04.10 / 18:09
Blockchain
Technology
Adoption
swift
Future
Is payments giant SWIFT preparing for a blockchain-bound future?
SWIFT is a payments colossus. It operates across more than 200 countries, has 11,000-plus financial institution clients and transmits some 8.4 billion financial messages every year. It is the global leader in cross-border bank-to-bank payments and recently played a key role in the West’s economic sanctions on Russia.
29.09 / 05:23
Adoption
Payments
Banks
swift
Cross-Chain
SWIFT partners with Chainlink for cross-chain crypto transfer project
Interbank messaging system SWIFT has partnered with price oracle provider Chainlink (LINK) to work on a proof-of-concept (POC) project which would allow traditional finance firms the ability to transact across blockchain networks.
26.05 / 14:03
business
Blockchain
MasterCard
swift
WEF 2022: SWIFT probably won't exist in 5 years, says Mastercard CEO
Mastercard CEO Michael Miebach said on Tuesday that he does not expect SWIFT, one of the most widely used platforms for cross-border fiat transactions, to exist in five years' time.
19.05 / 23:37
Blockchain
CBDC
Adoption
swift
network
International
SWIFT, Capgemini team up to test using the international network for CBDC transfers
The Society for Worldwide Interbank Financial Telecommunication, or SWIFT, the Belgian financial messaging network used by banks in international money transfers, announced Thursday that it is teaming up with French IT company Capgemini to conduct experiments with cross-border central bank digital currency (CBDC) payments. This is SWIFT’s second research project on CBDC.
28.02 / 17:17
European Union
swift
Ukraine war: Snake Island border guards are alive and well, says Ukrainian navy
Ukraine's Navy has said that 13 border guards defending Snake Island are alive and have been captured by Russia.
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