I think thats a good initiative and a promising step towards a much more crypto friendly Europe at least. This was proposed as an alternate to SWIFT payment for international payments and has been approved by the G7.

Link: https://www.engadget.com/2019/07/18/cryptocurrency-bitcoin-swift-japan/

Link: https://cointelegraph.com/news/g7-approves-japans-cryptocurrency-based-swift-alternative