CoinVoice has recently learned that according to Xinhua Finance, Standard Chartered Bank and Bank of Communications signed a (Memorandum of Strategic Cooperation on Digital Currency) during the Sibos annual meeting organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

The two sides will set up a joint working group to jointly explore the establishment of a cross-border payment and settlement infrastructure system and mechanism for digital currency, improve the efficiency and convenience of cross-border payment and settlement, jointly create more abundant digital currency application scenarios, and promote the expansion of the application scope of digital currency through the incremental customer value brought by application scenario innovation. [Original link]