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Blockchain Revolutionizes FX Trades
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Blockchain Adoption Challenges in SCF
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Blockchain Challenges in SCF
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Citi introduces blockchain technology for executing foreign exchange trades, enhancing transparency and security. MAS successfully tests wholesale CBDCs with BIS and Swiss and French central banks, while SMBs face cross-border payment complexity.
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How might the adoption of blockchain technology impact the traditional banking system?
What are the potential implications of successful wholesale CBDC tests for the future of cross-border transactions?
What steps can SMBs take to overcome the complexity of cross-border payments and capitalize on growth opportunities?
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