Published: 18 Jul 2019 › Updated: 18 Jul 2019
G7 Approves Japan’s Cryptocurrency-Based SWIFT Alternative
The Japanese government is attempting to spearhead the creation of a new, global cryptocurrency payments network that would be similar to SWIFT.
Citing an anonymous source, a Reuters report published on July 18 claimed that the country’s push for the network is motivated by a resolve to combat money laundering more effectively.
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