After a successful phase one sandbox testing, SWIFT has enlisted three central banks to integrate its CBDC Connector in beta.
Chainlink and Swift collaborate in cross-chain experimentation as part of a global interoperability strategy.
Binance users can no longer make SWIFT bank transfers for crypto transactions under $100k as exchange finds new banking partners.
Both SWIFT and Chainlink aim to build a Proof-of-Concept (PoC) project for the 11,000 banks.
Despite previous doubts by the West, Russia seems to have found a work-around using blockchain.
Thanks in part to the surge in cryptocurrency’s adoption in Russia, the impact of western sanctions could be blunted.
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