Cryptocurrency Q&A What is ISO 20022 in a nutshell?

What is ISO 20022 in a nutshell?

DiamondStorm Sun Oct 06 2024 | 5 answers 1408

Could you please provide a concise explanation of what ISO 20022 is in a nutshell? I'm curious to understand the basics of this standard and how it relates to the world of finance and cryptocurrency. Is it a set of rules or guidelines that financial institutions follow to ensure interoperability and efficiency in their transactions? Or is it something else entirely? I'd appreciate any insights you can offer on this topic. What is ISO 20022 in a nutshell?

What is ISO 20022 in a nutshell?

iso 20022 financial messaging standard

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