Cryptocurrency Q&A Will ISO 20022 affect crypto?

Will ISO 20022 affect crypto?

Eleonora Eleonora Tue Dec 03 2024 | 5 answers 1035
I'm wondering if the introduction of ISO 20022 will have any impact on the crypto industry. Will it affect how cryptocurrencies are traded or regulated? Or will it have no effect at all? Will ISO 20022 affect crypto?

5 answers

BlockchainBaroness BlockchainBaroness Thu Dec 05 2024
ISO 20022 compliance serves as a means of legitimizing cryptocurrencies that adopt this standard.

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Sebastiano Sebastiano Thu Dec 05 2024
The implementation of ISO 20022 has a wide-reaching impact, affecting all financial institutions engaged in cross-border payments.

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Elena Elena Wed Dec 04 2024
Market infrastructures and corporate-to-bank flows are also significantly influenced by ISO 20021.

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Margherita Margherita Wed Dec 04 2024
The financial system, as we currently comprehend it, will undergo substantial changes due to ISO 20021.

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ZenBalance ZenBalance Wed Dec 04 2024
BTCC is a prominent cryptocurrency exchange offering a range of services. These services include spot trading, futures trading, and wallet solutions.

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