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After years of planning and delays, momentum is building for banks to adopt the ISO 20022 messaging standard next year. The standard aims to improve the speed and accuracy of international payments — and many banks won't be ready, experts say.
The cutover to the new standard is now slated for March 2025 — nearly five years after its original planned migration date — and most observers expect ISO 20022 to finally go live next year with broad support from large global banks and payments organizations including The European Central Bank and Belgium-based Swift, the Society for Worldwide Interbank Financial Telecommunication.
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serrq
changed the title
We haven't (UW) no one crypto currency in new ISO 20022 payment communication standard
We haven't (UW) no one crypto currency in new ISO 20022 payment communication protocol
Jun 24, 2024
serrq
changed the title
We haven't (UW) no one crypto currency in new ISO 20022 payment communication protocol
We haven't (UW) no one crypto currency belonging in the new ISO 20022 payment communication protocol
Jun 24, 2024
serrq
changed the title
We haven't (UW) no one crypto currency belonging in the new ISO 20022 payment communication protocol
ISO 20022 payment communication protocol: we haven't no one crypto currency in UW
Jun 24, 2024
serrq
changed the title
ISO 20022 payment communication protocol: we haven't no one crypto currency in UW
ISO 20022 payment communication protocol: we haven't any supported crypto currency in UW
Jun 25, 2024
How States and financial institutes are close to test their CBDCs.
I don't like CBDCs, but in institutions environment these are the legal tenders of the future.
So we have considering them as an option when it isn't possible the true decentralized way. I hope team consider all this as an option to have access to RWAs controlled by States.
continue here...
https://www.americanbanker.com/payments/news/preparing-for-iso-20022-what-banks-need-to-know
Currently these are the ISO 20022 compliant networks:
• HBAR (Hedera Hashgraph)
• XDC Network (XinFin)
• XRP (Ripple)
• XLM (Stellar)
• IOTA (Iota foundation)
• ALGO (Algorand)
• QNT (Quant)
• ADA (Cardano)
About ISO 20022
https://www.binance.com/en/square/post/5269189407018
The text was updated successfully, but these errors were encountered: