SWIFT probably won’t exist in 5 years: Mastercard CEO
Michael Miebach, CEO of Mastercard told an audience of blockchain executives that he expects SWIFT to phase out of existence in as little as five years' time.
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SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection
SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital currency (CBDC) protocols in development today. The company has partnered…
SWIFT, Capgemini team up to test using the international network for CBDC transfers
The bank messaging service, which dates back to the 1970s, is looking to connect CBDCs to each other and to traditional currencies as it tries to stay up to date.
Finder’s Fintech Specialists Predict XRP Jumping to $2.55 by December 2022
On May 4, the product comparison platform finder․com published a ripple price prediction report that polls 36 fintech specialists. According to findings stemming from the participating panelists, ripple could jump…
Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million
On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains…
EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus
The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs,…
Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation…
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.”…
Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension
Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures…
3 reasons why Bitcoin price rallied toward $45K entering March
The gains accompanied a sharp overnight spike in the number of Bitcoin whale addresses.