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SWIFT Expands CBDC Interoperability Testing with Three Central Banks

SWIFT has been actively involved in various CBDC-related projects, including a wholesale CBDC initiative in collaboration with the New York Federal Reserve Bank, utilizing a regulated liability network. SWIFT, a prominent bank messaging platform connecting over 11,500 financial institutions worldwide, announced that three banks have joined the beta phase of its

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SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox

Three central banks have joined the beta phase of bank messaging platform SWIFT’s central bank digital currency (CBDC) interoperability project, the company announced Sept. 13. It has also entered a new phase of sandbox testing, it said.The Hong Kong Monetary Authority, the Central Bank of Kazakhstan and an unnamed central

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