Comments by Vladimir Putin and the US reaction are complicating the rollout of a new payments rail.
The digitalization of large-enterprise commerce means B2B correspondent banking is now up for grabs.
Benedicte Nolens discusses the BIS's "Project Aurum" designs for central-bank digital currency.
“Project Dunbar” could become the SWIFT of digital fiat currencies – if central banks can work together.
Bank of International Settlements will launch platform prototypes for currencies, payments, and bonds.
A pilot for cross-border digital currencies is going multilateral and blending with retail versions.