SWIFT Plans New Central Bank Digital Currency Platform for Cross-Border Transfers LeapRate

March 27, 2024 BY Elizabeth Anderson

SWIFT Plans New Central Bank Digital Currency Platform for Cross-Border Transfers

This solution, known as the connector, reportedly enables the seamless incorporation of the use of CBDCs into business practices. Thirty-eight institutions participated in the experiment, including central commercial banks and markets. These included global leaders such as Deutsche Bank, Société Générale, ANZ and Citibank. The outcomes showed the innovation simplifies and expedites trade flows, promotes…

November 17, 2023 BY Simon Mugo

Singapore Launches Live Pilot for Issuing Wholesale CBDCs

This significant development, disclosed by MAS Managing Director Ravi Menon, marks a departure from previous simulations and aims to evaluate the practicality and efficiency of employing CBDCs for instantaneous settlements among commercial banks. ______________________________________________________________________ Don’t miss out the latest news, subscribe to LeapRate’s newsletter _______________________________________________________________________ Until now, MAS had only simulated the issuance of CBDCs…

LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks

September 17, 2019 BY Valentina Kirilova

Five crypto and blockchain developments that you might not have heard of

News cycles come and go. A few years back, articles covering the crypto space were few and far between, often only speaking to Bitcoin and what some regulator or government official had to say about the strange new substitute for fiat currency. Fast forward until today, and there are a multitude of websites, this one…

Tag: CBDCs