SWIFT – Forkast

Advanced Blockchain Technologies

CBDCs, tokens can integrate to existing payments systems, SWIFT claims

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) said it had a breakthrough in enabling assets on distributed ledger technology networks, such as central bank digital currencies (CBDC) and tokens on the blockchain, to interact and flow with the existing financial infrastructure. See related article: SWIFT, Chainlink announce cross-chain interoperability partnership Fast facts In one […]

Zoltan VardaiOct 5, 2022

Advanced Blockchain Technologies

SWIFT, Chainlink announce cross-chain interoperability partnership

Interbank messaging system SWIFT has partnered with crypto data provider Chainlink for an initial proof of concept to use cross-chain interoperability protocol (CCIP) for on-chain token transfers, Sergey Nazarov, Chainlink’s cofounder announced at the SmartCon 2022 conference on Wednesday. See related article: Chainlink joins Hedera council in push to link DeFi with traditional finance Fast […]

Pradipta MukherjeeSep 29, 2022

Regulation

Can crypto cushion Russia from the pain of sanctions?

War-mongering Russia is finding itself increasingly isolated. What if the rogue state tries to regain its financial footing via cryptocurrency?

Michael B. GreenwaldMar 3, 2022

Regulation

Russia unlikely to turn to crypto if SWIFT sanction is imposed

Measures to detect sanctioned entities’ crypto transactions can come into play, experts say.

Timmy ShenFeb 25, 2022

Regulation

As nations race CBDCs to market, are they repeating mistakes of the past?

Digital currency efforts now mirror global economic rivalries, with China’s DCEP leading the pack. Central banks would be wise to avoid these pitfalls.

Sky GuoOct 13, 2020

Regulation

PayID wants to replace unwieldy SWIFT codes with an email-like address

Goodbye long routing numbers. Hello simple ID.

Sam ReynoldsJun 18, 2020

Regulation

Digital dollar advocates lay out path to a US CBDC

Digital Dollar Project’s new white paper proposes a ‘third format of currency’ that would be interchangeable with paper money while preserving privacy. Is America ready for a government crypto dollar?

Sam ReynoldsMay 29, 2020

Bitcoin News

Contrarian wisdom on bitcoin mining. Also: how China’s DCEP could shake up the global financial system.

Adam Traidman of BRD discusses CBDCs in an age of intensifying US-China rivalries, and bitcoin halving's surprising impact on crypto mining and profits.

Forkast.NewsMay 28, 2020