The Latest Breaking News from SWIFT

It’s been quite a week in the world of cryptocurrency. From SWIFT’s decision to use Ethereum’s Layer-2 blockchain for stablecoin testing to Bitcoin’s price drop, here’s a quick recap of the top stories from the weekend.

SWIFT has selected Linea, the Ethereum (CRYPTO: ETH) Layer-2 blockchain developed by Consensys, to pilot blockchain messaging and stablecoin payments, according to a report on Friday.

Space weather imposes threats on everything from electrical grids to GPS navigation.

Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid Western sanctions, experts have told AFP. Multiple rounds of international sanctions have been imposed on Moscow since its February 2022 invasion of Ukraine seeking to ramp up…

The burgeoning space industry and the technologies society increasingly relies on – electric grids, aviation and telecommunications – are all vulnerable to the same threat: space weather.

The global payments industry is undergoing a massive transformation, driven by the need for faster, cheaper, and more secure cross-border transactions. At the forefront of this revolution is Piyush Chhabra.

France’s Macron floats idea of a ‘reassurance force’ while UK’s Starmer accuses Russia of ‘playing games’.

The "unconditional withdrawal" of Russian forces from the territory of Ukraine is a key precondition to amend or lift sanctions, the European Commission has said in reply to the Kremlin's demand.

As a condition to restore the Black Sea Initiative, Russia has demanded that Rosselkhozbank be re-connected to SWIFT, which falls under EU jurisdiction.