Home
/ Insights
Crypto Newsfeed
Master
reply

Russia and China establishing interaction of financial messaging systems outside SWIFT

Russia and China establishing interaction of financial messaging systems outside SWIFT

The Bank of Russia and the People’s Bank of China are working to integrate the Russian and Chinese financial messaging systems, bypassing the global interbank payment system SWIFT, Chairman of the State Duma’s (lower house) Financial Markets Committee Anatoly Aksakov announced.

Anatoly Aksakov informed attendees at the latest press conference that the Russian central financial institution is operating on interactive options that could let Russia’s SPFS payment program connect to the Chinese CIPS.

This is community-generated content, not advice from ONUS.
74
reply
share
ONUS
ONUS
Trusted by
4 Million +
Users
Sign up receive 10$
Trending coin
Top gainers
Price Prediction
How to buy
Research