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Big Changes in the Future: SWIFT ISO 20022 Upgrade Could Shake up Crypto

Posted on February 26, 2023February 26, 2023 By No Comments on Big Changes in the Future: SWIFT ISO 20022 Upgrade Could Shake up Crypto

SWIFT’s ISO 20022 upgrade will benefit crypto and banks by standardizing financial transactions and improving cross-border payments. It will also reduce money laundering risk. As ExchangeRates states, it will also increase the adoption and growth digital assets. The Society for Worldwide Interbank Financial Telecommunications (SWIFT), will upgrade its payment system in 2023.

 

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