Global watchdog: Stablecoin cons outweigh pros for cross-border transactions

2023-10-31 18:19

The Committee on Payment and Market Infrastructures has highlighted both the potential and the substantial challenges of adopting stablecoins in global cross-border payments, underscoring their current non-compliance with international regulations.

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cross-border global stablecoins adopting substantial challenges potential

Источник: btcmanager.com

cross-border global → Результатов: 126


IMF’s Foray into CBDC: Global Digital Currency Platform In The Works

Per a Reuters report, the International Monetary Fund (IMF) is working towards the launch of a global central bank digital currency (CBDC) platform that can facilitate cross-border transactions.  Related Reading: Bitcoin Long-Term Holders Refuse To Budge As Movements Remain Low IMF Takes On CBDC Market Speaking at a conference attended by African central banks, IMF […]

2023-6-21 21:00


Cardano Price Prediction Looks Grim While Metacade Set To Moon

Blockchain technology is disrupting a variety of global industries through its unique ability to democratize internet ownership. Whether in crypto gaming, digital artwork, supply chain management, or cross-border finance, blockchain technology is delivering more transparency and greater control for individuals while they use online services.

2023-2-1 19:24


Bank of Russia Reportedly Looking at Legalizing Crypto Cross Border Payments

Following Global sanctions issued against Russia to cripple its economy over the country’s invasion of Ukraine, It seems Russia has had enough time to think of the consequences and is moving to bypass sanctions by legalizing crypto cross-border settlements for the foreseeable future The post Bank of Russia Reportedly Looking at Legalizing Crypto Cross Border Payments appeared first on BeInCrypto.

2022-9-6 20:16


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Squire Patton Boggs Partners With ASTRA Protocol To Foster Global Confidence In DeFi’s Compliance

One of the world’s leading law firms, Squire Patton Boggs, and internationally-patented ASTRA Protocol, has entered a new partnership following a recent announcement via a press release today. Squire Patton Boggs is a full-service legal company that ensures cross-border compliance counseling as well as providing insight at the point where law, business, and government meet, […]

2021-11-9 00:23


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Al Ansari Exchange Taps RippleNet Cloud to Enable Cross-Border Remittances to Malaysia with MoneyMatch

Today, we’re thrilled to announce that UAE-based foreign exchange and worldwide money transfer company, Al Ansari Exchange has joined RippleNet. Through RippleNet Cloud, Ripple’s global cloud-based financial network technology, Al Ansari Exchange will connect with leading money transfer technology company MoneyMatch to provide same-day remittances to Malaysia.

2021-10-20 17:00


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Expanding Crypto Innovation

A New Era of Global Finance Since Ripple’s inception in 2012, our vision has been to enable the Internet of Value — a world where money moves as seamlessly as information. In the realm of cross-border payments, we’re accelerating that vision to meet the new shape and identity of global finance so that our customers … Continued The post Expanding Crypto Innovation appeared first on Ripple.

2021-8-13 01:42


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JP Morgan, DBS, Temasek to Develop Blockchain Cross-Border Payment Platform

Sensing the upcoming tectonic shift in the architecture of global payments, DBS, JPMorgan, and Temasek have joined forces to develop a new blockchain-based interbank payments mechanism. Blockchain-Powered Mechanism the Need of the Hour In an official announcement made on April 27, major financial institutions such as DBS Bank, JPMorgan, and Temasek stated that they areRead More

2021-4-29 23:00


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Setting the Stage for Digital Global Payments

In the evolution of digital payments, it’s clear that financial institutions and payment providers will continue to adopt blockchain technology to drive real-time, cross-border payments growth. This digital ledger infrastructure, which integrates with bank accounts, digital wallets and even cash payout channels will become the engine to provide the convenience, speed, ease of access, transparency … Continued The post Setting the Stage for Digital Global Payments appeared first on Ripple.

2021-2-27 01:13


Cambridge Global Payments partners with Ripple to ‘improve’ cross-border payments 

Cross-border payments solutions firm, Cambridge Global Payments today announced its partnership with crypto payments network Ripple, and that it would use RippleNet to expand its payment delivery systThe post Cambridge Global Payments partners with Ripple to ‘improve’ cross-border payments  appeared first on AMBCrypto.

2020-10-14 20:00


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