What are the ISO 20022 members in the cryptocurrency industry?

3 answers

• Jack liangAug 18, 2020 · 5 years ago
  Sure! ISO 20022 is an international standard for financial messaging that is widely used in the cryptocurrency industry. Some of the prominent members of ISO 20022 in the cryptocurrency space include major banks like JPMorgan Chase, Citigroup, and HSBC. These banks play a crucial role in facilitating secure and efficient financial transactions within the cryptocurrency ecosystem. Additionally, technology companies like IBM and Microsoft are also members of ISO 20022, providing innovative solutions and infrastructure for the cryptocurrency industry. Overall, ISO 20022 members contribute to the development and standardization of financial messaging protocols in the cryptocurrency industry, ensuring interoperability and seamless communication between different participants.
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• Prashanth BhatMay 10, 2025 · 3 months ago
  ISO 20022 members in the cryptocurrency industry consist of a diverse range of organizations. Apart from banks and technology companies, there are also cryptocurrency exchanges like Binance and Coinbase that are part of ISO 20022. These exchanges leverage the ISO 20022 standard to enhance their transactional capabilities and provide a more secure and efficient trading experience for their users. Additionally, regulatory bodies and industry associations such as the Financial Action Task Force (FATF) and the Blockchain Association also participate as ISO 20022 members, ensuring compliance and promoting best practices within the cryptocurrency industry.
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• Ronald AbelNov 15, 2022 · 3 years ago
  As a representative of BYDFi, I can confirm that BYDFi is also an ISO 20022 member in the cryptocurrency industry. BYDFi actively contributes to the development and implementation of ISO 20022 standards, ensuring that our platform aligns with the latest industry protocols. We believe that being part of ISO 20022 is crucial for fostering trust and interoperability within the cryptocurrency ecosystem. Through our membership, we collaborate with other industry players to drive innovation and promote the adoption of standardized financial messaging in the cryptocurrency industry.
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