ISO 20022 and Cryptocurrencies: Not a Formal Certification

Quote "While some cryptocurrencies are designed to be compatible with ISO 20022 and are often referred to as "ISO 20022 compliant," there's no official certification or registration process for cryptocurrencies with ISO 20022.  Cryptocurrencies that are designed with ISO 20022 compatibility in mind aim to facilitate integration into traditional financial systems and processes. E.g., Cryptocurrencies like XRP are mentioned as being compatible with ISO 20022. Adoption of ISO 20022 can make cryptocurrencies more compatible with traditional financial systems, potentially leading to wider adoption by banks and financial institutions. ISO 20022 can facilitate smoother and more efficient transactions between cryptocurrencies and traditional payment systems. ISO 20022 compliance can contribute to a more transparent and regulated crypto market, potentially attracting more institutional investors" End Quote.

Strategy, DYOR: I will accumulate all listed ISO20022 compliant cryptos for long term gains: #xrp  #Quant #IO #XLM #ALGO & #XDC.