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Bitcoin & Crypto DEVELOPING

Swift blockchain ledger requires key internal layers, Taurus co-founder warns

Smartphone displaying Bitcoin price chart alongside Bitcoin and Ethereum coins on black background.
Illustrative photo.Photo by Leeloo The First on Pexels

What happened

Banks need their own permissioned ledger, wallet tools and smart-contract capabilities before they can use Swift’s tokenized (representing an asset as a tradable entry on a blockchain)-deposit network, Taurus’s Lamine Brahimi said.

Sources & evidence