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Regulator and Industry Coordination Key to Swift Implementation

“Coming together is a beginning, staying together is progress, and working together is success” — the words of Henry Ford give expression to the spirit of collaboration that defines human progress. His ethos around unity extends to many societal strands, including endeavors of profit, community initiatives and far-reaching government policies.

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Thai Stellar-Based Startup Lightnet Raises $31M to Replace SWIFT

Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries.The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates in the region, Singaporean United Overseas Bank (UOB) and South Korea’s Hanwha Investment & Securities, Business Insider Malaysia

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Upbit Promises Swift Reimbursement, Theories Over Missing Funds Swell

On Nov. 27, major South Korean cryptocurrency exchange Upbit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting an inside job, although experts are skeptical of the theory after analyzing the

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Ripple’s Re-affirms Global Banking Deal, SWIFT Takeover Pt 1

Earlier today Ripple reaffirmed their partnership with London based fintech firm Finastra, a major milestone in the SWIFT takeover. The story dropped earlier this year, but the timing of the announcement from Marcus Treacher SVP of Customer Success seems rather prophetic. Finastra is an established fintech player & works with the majority

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