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Finance

Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT

Coins Legend June 4, 2022 0

Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks.

News

SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection

Coins Legend May 22, 2022 0

SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital currency (CBDC) protocols in development today. The company has partnered with Capgemini, a digital services provider, making a series of experiments to ensure that the new set of CBDCs have cross-border payments and remittance

Regulation

G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation

Coins Legend May 21, 2022 0

The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation of Crypto Assets The finance ministers and central bank governors from the […]

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