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SWIFT, the global bank messaging network, is set to launch a new platform within the next one to two years to connect various Central Bank Digital Currencies (CBDCs). This move comes as around 90% of the world's central banks are exploring CBDCs. The platform aims to integrate CBDCs from multiple global banks, with participation from central banks in countries like Germany, France, Australia, Singapore, the Czech Republic, and Thailand. The development of CBDCs is seen as accelerating, with a focus on achieving interoperability for widespread adoption.
Global bank messaging network SWIFT is developing a platform that will link central bank digital currencies (CBDC). This comes as central banks worldwide are SCRAMBLING to create CBDCs. CBDCs =GOV’T CONTROL OVER ALL TRANSACTIONS = THREAT TO PRIVACY. https://t.co/wraSt9T6U8
There is no doubt that more countries will adopt central bank digital currencies. The real questions are when, why, and how their global standing might change as a result, @PaoloTasca writes. https://t.co/Qy8ZLOAY8i https://t.co/XRLfq5RCFJ
Global bank messaging network SWIFT plans to launch a platform within the next two years that could integrate central bank digital currencies (CBDCs) into existing financial systems. CBDCs = NO PRIVACY. https://t.co/wraSt9T6U8
