Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies. The trial, which involved France and Germany’s national central banks as well as global lenders like HSBC, Standard Chartered and UBS, looked at how CBDCs could be used […]
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Taiwan will join moves to block some Russian banks from the SWIFT international payments system and has sent humanitarian aid to Ukraine to show support for the international “democratic camp”, the government said on Tuesday. Taiwan has joined with Western-led allies in putting sanctions on Russia for its invasion of Ukraine, and expressed cross-party sympathy […]