New paper in Geoforum with Sabine Dörry and Ben Derudder:

"Preserving the obligatory passage point: SWIFT and the partial platformisation of global payments"

Full access until 30/05/2024, if you're into this sort of thing: https://authors.elsevier.com/c/1ivNO_OL2Ant4

#FinancialGeography #FinancialInfrastructure #CrossBorderPayments #CorrespondentBanking

Robert Greene, Asia’s Interest in Wholesale Central Bank Digital Currency—and Challenges to Cross-border Use, Carnegie Endowment for International Peace, February 7, 2023

— Available here: https://carnegieendowment.org/2023/02/07/asia-s-interest-in-wholesale-central-bank-digital-currency-and-challenges-to-cross-border-use-pub-88978

#CBDC #wholesaleCBDC #digitalcurrency #mCBDC #banking #financialservices #paymentsystems #crossborderpayments #foreignexchange #centralbanks #internationaltrade #correspondentbanking #mBridge #Asia #India #Philippines #Malaysia

The Real Trouble With Cross-Border Payments

https://www.coindesk.com/trouble-cross-border-payments

"With rare exceptions, having control over money is as important for a sovereign as having military might: the powers of the purse and the sword. Most countries thus choose to have their own sovereign money, issued by a local authority and holding the irrevocable power to discharge any debt inside the sovereign territory – the legal tender status."

#Bitcoin  #CrossBorder #CorrespondentBanking #CentralBank #CoinDesk