SWIFT


OCC ruling signals more innovation for stablecoins, CBDCs

OCC ruling signals further innovation for stablecoins, CBDCs

(ATF) The Office of the Comptroller of the Currency released a letter on January 7 announcing that US banks are now allowed to participate in public decentralized networks and use stablecoins to conduct payment settlements. The letter also added that banks under the jurisdiction of the OCC – which is …

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PBoC JV with Swift may signal bid to boost digital yuan's reach

PBoC JV with Swift may signal bid to boost digital yuan's reach

(ATF) The People’s Bank of China (PBoC) has set up a joint venture with SWIFT, the global system for financial messaging and cross-border payments, in a sign that China is exploring global use of the digital version of the yuan - China’s national currency. SWIFT (the Society for Worldwide Interbank …

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The digital yuan and the power of currencies 

The digital yuan and the power of currencies 

(ATF) With a clear eye on China, the European Central Bank has sounded the alarm that Europe could lose its very sovereignty, not just its economic autonomy, if it fails to develop a digital euro. The warning is a reminder of how much is at stake politically in the global …

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