BIS and SWIFT Intensify Race With Crypto For Cross-Border Payments

Major players of the traditional financial industry are looking for new ways how to keep their positions, threatened by the emerging cryptoasset and decentralized finance (DeFi) industries.
The Bank for International Settlements’ Innovation Hub (BISIH) and the Society for Worldwide Interbank Financial Communication (SWIFT) have teamed up to host a hackathon to highlight

Source: https://cryptonews.com/news/bis-and-swift-intensify-race-with-crypto-for-cross-border-pa-9335.htm

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