SWIFT

International banking system announces “live” tests with digital assets

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The Swift system announced through its official website that it will conduct “live” testing with digital assets starting next year. These tests will focus on banks in North America, Europe and Asia, allowing the execution of pilot transactions for the settlement of digital assets and currencies. Starting in 2025, financial institutions will be able use … Read more

Swift aims to integrate fiat money with tokenized assets

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Key facts: The company said the multiplicity of platforms and technologies creates a complex environment. Swift is a system used by 11,000 financial institutions and more than 200 countries. Global financial messaging system Swift aims to consolidate the bridge between traditional finance and the digital asset ecosystem. The company announced that is studying ways to … Read more