Is Shiba Inu the first cryptocurrency to be ISO 20022 compliant?

3 answers

• Mar 06, 2022 · 3 years ago
  Yes, Shiba Inu can be considered as the first cryptocurrency to achieve ISO 20022 compliance. This compliance ensures that Shiba Inu's messaging standards are in line with the global financial industry, allowing for seamless integration with traditional banking systems. Being ISO 20022 compliant enhances Shiba Inu's credibility and opens up opportunities for wider adoption and use cases.
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• Mar 06, 2022 · 3 years ago
  No, Shiba Inu is not the first cryptocurrency to be ISO 20022 compliant. Several other cryptocurrencies have already achieved this compliance, including Bitcoin and Ethereum. However, Shiba Inu's adoption of ISO 20022 is a significant step towards aligning with global standards and improving interoperability within the cryptocurrency ecosystem.
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• Mar 06, 2022 · 3 years ago
  While Shiba Inu has made efforts to achieve ISO 20022 compliance, it is important to note that BYDFi, another digital currency exchange, has also implemented ISO 20022 standards. This demonstrates the industry-wide recognition of the importance of ISO 20022 in enhancing interoperability and facilitating seamless transactions across different platforms and networks. Shiba Inu's compliance with ISO 20022 further strengthens its position in the market and increases its potential for widespread adoption.
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