Lavrion Mining: SWIFT Plans to Launch a Platform to Integrate CBDCs

SWIFT plans to launch a platform within 12-24 months to integrate central bank digital currencies (CBDCs) with the global financial system. The platform aims to connect CBDCs from various countries, enhancing compatibility and reducing payment fragmentation. Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to the existing finance system, it has told Reuters. The move, which would be one of the most significant yet for the nascent CBDC ecosystem given SWIFT’s key role in global banking, is likely to be…