News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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SWIFT to Launch Live Digital Currency Trial in 2024 Amid Growing Competition
SWIFT, the global financial messaging giant, announced that it will trial live digital currency transactions in 2024. This move signals…
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Swift Unveils Initiative to Streamline Global Transactions and Tokenized Asset Transfers
On September 11, Swift unveiled a new initiative designed to enhance global transactions and allow its members to use their…
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Global Bank Messaging Network SWIFT’s New CBDC Platform Is on the Horizon
Global bank messaging network SWIFT has revealed plans for a new platform, expected to launch within the next one to…
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CBDCs Gain Traction: Is the U.S. Dollar’s Dominance at Risk?
Central Bank Digital Currency (CBDC), a form of digital currency issued by a country’s central bank, is gaining popularity in…
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The Decline of the US Dollar? Global Economic Trends and the Rise of Cryptocurrencies
Although the US dollar has long been the dominant global currency, its share in global central bank reserves has been…
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SWIFT Innovation Paves Way for Global Use of CBDCs and Tokenized Assets
SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenized assets can move seamlessly on existing financial infrastructure…
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The European Central Bank Explores DLTs for Interbank Settlements
Since the emergence of Blockchain and distributed ledger technologies (DLTs), the main question was how can this technology be deployed…
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Swift Experiments with tokenized assets
Working with Clearstream, Northern Trust, SETL and others, SWIFT plans experiments with tokenized assets in Q1 2022. Swift will explore…
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Russian Deputy Foreign Minister thinks SWIFT system can be replaced with Blockchain
Russian Deputy Foreign Minister Alexander Pankin in an interview with RIA Novosti in Russia discussed a possible alternative to the…
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