Bitcoin

756 readers

1 users here now

Do not use URL shortening services: always submit the real link.
Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.
News articles that do not contain the word "Bitcoin" are usually off-topic. This sublemmy is not about general financial news.
Submissions that are mostly about some other cryptocurrency belong elsewhere. This sublemmy is exclusive to Bitcoin.
No referral links in submissions.
No Self Promotion

founded 1 year ago

MODERATORS

SWIFT, the global bank network for coordinating international transactions and payments, explores blockchain interoperability to remove friction from tokenized asset settlement (www.swift.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

2 comments fedilink hide all child comments

This is news from earlier in June but was overshadowed by the SEC lawsuits that came out at the same time. SWIFT represents critical banking infrastructure and its openness to crypto assets signals a sea change in attitudes among banks. This article is still the lead story on their site, www.swift.com , which is also telling, despite recent regulator crackdowns on tokens.

top 2 comments

sorted by: hot top controversial new old

[–] [email protected] 2 points 1 year ago (1 children)

They're just looking to "tokenize" their stuff, partly on a private blockchain like it's 2017. They're not going to do anything with bitcoin.

[–] [email protected] 1 points 1 year ago

Yeah fair point, it doesn't involve Bitcoin. I was still surprised they were doing something like that, Swift represents a massive banking cooperative that is overseen by all the major central banks. Having them run experiments on the Ethereum sends a strong "we are not against crypto" signal which is something that would never have happened 5 years ago.