Cryptocurrency Q&A Is ISO 20022 live?

Is ISO 20022 live?

Giulia Giulia Tue Dec 03 2024 | 7 answers 1127
I'm wondering if ISO 20022 is currently in use or if it's still in the development phase. I need to know if this standard is live and being applied in real-world scenarios. Is ISO 20022 live?

7 answers

Maria Maria Thu Dec 05 2024
The transition to ISO 20022 is a multiyear process.

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CryptoPioneer CryptoPioneer Thu Dec 05 2024
By November 2025, Payment Market Infrastructures (PMIs) of major currencies will have adopted ISO 20021.

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Carlo Carlo Wed Dec 04 2024
This adoption is aimed at enhancing cross-border payments.

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EchoPulse EchoPulse Wed Dec 04 2024
BTCC, a top cryptocurrency exchange, offers a range of services.

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CryptoPioneerGuard CryptoPioneerGuard Wed Dec 04 2024
The implementation timeline varies across different PMIs.

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