SWIFT


Markets

USDC Assets to Be Disclosed in SEC Filings, Circle CEO Says

“Our intention is to include greater reserves transparency” as the stablecoin operator goes public via a SPAC deal, Jeremy Allaire told CoinDesk TV Friday.

Circle founder and CEO Jeremy Allaire

Markets

6 Leading Banks Back SWIFT's New International Payments Platform

The banks include Citi, Bank of China, BNP Paribas and Deutsche Bank.

SWIFT

Videos

Russia Floats Blockchain Based System as SWIFT Alternative

The Russian Foreign Affairs Ministry is reportedly considering blockchain technology as an alternative to SWIFT, the global payments network. The country's leaders have recently voiced concerns that they might be cut off from SWIFT, prompting them to search for different options. "The Hash" panel weighs in on the role of blockchain in geopolitical struggles.

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Markets

Fearing Being Cut Off From SWIFT, Russia Hints About Blockchain Alternative: Report

Russia's foreign affairs ministry believes SWIFT can be replaced by more advanced systems, mentioning blockchain.

Headquarters of the Ministry of Foreign Affairs in Moscow

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Policy

China's Central Bank Is Partnering With SWIFT on a New Joint Venture

It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved.

People's Bank of China's headquarters in Beijing

Markets

Digital Currencies May Make SWIFT Redundant, Says Russian Central Bank: Report

Russia would likely welcome replacements for SWIFT as the nation's banks have been threatened with being removed from the network.

Bank of Russia

Policy

'Great Artists Steal' – What Enterprise Blockchain Can Learn From the Past

Enterprise blockchain doesn't need to reinvent the wheel: Communications standards in use for decades are built for machine-to-machine commerce.

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Policy

Crypto ‘Gray’ Markets Could Be Unintended Consequence of FATF Travel Rule

Clean bitcoin, dirty bitcoin. Could FATF regulations lead to a bifurcation of the crypto space, one where certain digital assets trade at lower prices?

WIDE WORLD: The "Travel Rule" may create a global hodgepodge of regulatory arbitrage opportunities. (Credit: Christine Roy/Unsplash)

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Policy

Crypto Exchanges Need Common Messaging to Comply With Travel Rule

From ATMs to cargo containers, standards make global commerce work. The same goes for crypto, which needs standards to comply with anti-money laundering rules.

Leah Callon-Butler

Markets

Wells Fargo's Stablecoin 'Faster, Cheaper' Than SWIFT, Says Exec

Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT. 

wells, fargo, bank

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