China’s CIPS will become settlement norm in Mongolia within 2 years, Golomt Bank says

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Source: South China Morning Post
Published: 2026-07-31 18:25 UTC+10:00
Section: CIPS
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Economy & Finance, China, Business & Economy, Asia Pacific, Technology
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Snippet:
Six months after Golomt adopted the technology, 96 per cent of yuan payments moved from Swift to China’s payment system, the bank says
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