SWIFT lays out global central bank digital currency blueprint

‘Crypto network SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network after an eight-month trial period.

The experiment, which looked at different technologies and currencies, involved France and Germany’s central banks as well as worldwide lenders like HSBC, Standard Chartered and UBS.

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It examined how CBDCs could be widely used globally and potentially even converted into fiat currency if needed.’

www.proactiveinvestors.co.uk/companies/news/994545/swift-lays-out-global-central-bank-digital-currency-blueprint-994545.html

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