Cutting some Russian banks’ access to Swift will give China the excuse to promote digital versions of its own central bank digital money in global trade and finance.
Author: Andy Mukherjee
The techno-anarchist pioneers of cryptocurrencies believed they were creating a new form of unregulated, decentralised money. They couldn’t have been more wrong.
The monetary authorities of Australia, Singapore, Malaysia and South Africa have come together with the Bank for International Settlements on Project Dunbar.