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The Bank for International Settlements (BIS) is discussing the possibility of shutting down its pilot platform for cross-border payments. Vladimir Putin has identified the underlying technology as a tool for circumventing sanctions and potentially undermining the dominance of the dollar in the global financial system, Bloomberg reports. The mBridge project, which promises to enable global money transfers without relying on US banks, was among the topics discussed by central banks and financial executives last week at the annual meetings of the International Monetary Fund and the World Bank in …

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