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Compliance Officers Playbook

Blockchain's Global Banking Revolution

25 Jan 2025

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The episode discusses the rapid global adoption of blockchain technology within the banking sector. Initially dismissed, blockchain is now viewed as crucial for improving efficiency, security, and transparency in financial transactions. Several countries, including Australia, China, and the UAE, are actively integrating blockchain into their banking systems, experimenting with digital currencies and streamlining processes. This shift reflects a change in perspective, with banks recognising blockchain's potential beyond cryptocurrencies to build a more robust and efficient financial ecosystem.

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