The ISO 20022 crypto-list is a collection of compliant digital coins and tokens that satisfy the International Organization for Standardization (ISO) standards 20022. This new financial system will integrate many cryptocurrencies as ISO 20022-compliant, leading to speculation that these cryptocurrencies will increase in value. The ISO 20022 standard provides a secure and standardized way of exchanging financial messages between organizations within the payment industry. It will replace the SWIFT financial messaging system and offers benefits such as improved interoperability, streamlined global trade practices, and enhanced efficiency in transaction processing. Several cryptocurrencies, including Quant, Ripple, Stellar, Hedera Hashgraph, IOTA, XDC Network, Algorand, Cardano, and Verge, have been certified as ISO 20022-compliant. Implementing ISO 20022 can have various impacts on different stakeholders in the financial industry, including operational streamlining, enhanced data analysis, compliance and regulatory implications, and integration challenges. The transition to ISO 20022 may present challenges for financial institutions, including the need for system upgrades, testing, and communication with clients. Compliance with ISO 20022 offers benefits such as increased visibility, interoperability, and participation in the global financial ecosystem. However, the integration of ISO 20022 into cryptocurrencies raises questions about the original vision of decentralization and self-governance in the cryptocurrency movement. The ISO 20022 standard is also expected to align with the New Quantum Financial System (QFS), leveraging quantum technologies for efficient and transparent financial transactions. The ISO 20022 protocol will revolutionize the payment industry by enabling data-rich payments and improving efficiency and security.



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