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CBDCs Could Enhance Financial Inclusion If Well-designed – IMF
The International Monetary Fund (IMF) Managing director has recognized the role that Central Bank Digital Currencies (CBDCs) could play in increasing financial inclusion and making cross-border payments and remittances cheaper and quicker. дальше »
2023-7-2 22:27 | |
Stellar (XLM) Takes Investors By Surprise With 23% Rally
Stellar (XLM), the decentralized blockchain platform aiming to revolutionize the world of cross-border transactions and digital asset transfers, has emerged as one of the most promising cryptocurrencies in today’s market. дальше »
2023-7-2 09:17 | |
Shanghai Clearing House adds support for digital yuan in commodity trading
Shanghai Clearing House, a financial institution under China’s central bank, has introduced digital yuan clearing and settlement services for commodity trading, enhancing cross-border transactions and promoting the internationalization of China’s currency. дальше »
2023-6-26 16:35 | |
SAP opens testnet registration for cross border payments in stablecoins
The German enterprise software firm SAP has launched a preview of its Digital Currency Hub (DCH) system, enabling cross-border payments using USDC and EUROC. Issued by payment technology firm Circle, the USDC and EUROC stablecoins are pegged 1-to-1 with the dollar and euro. дальше »
2023-6-23 11:51 | |
Expert Analysis: IMF Documents And XC Platform Raise Concerns For XRP
The IMF has often recognized crypto assets, especially Ripple (XRP), as instruments facilitating cross-border payments and remittances. Reuters reported that the International Monetary Fund IMF plans to launch a platform to facilitate CBDC creations and transactions. дальше »
2023-6-23 21:30 | |
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 […] дальше »
2023-6-21 21:00 | |
IMF wants to create a global CBDC platform to compete with threat of crypto
The International Monetary Fund (IMF) wants to create a global central bank digital currency (CBDC) system in an effort to connect countries and allow seamless cross-border transactions, Reuters reported. дальше »
2023-6-20 22:50 | |
Strike Expands Lightning-Powered Cross-Border Payments to Mexico
The company says Mexico is the largest market for remittances from the U.S. дальше »
2023-6-15 17:00 | |
Ripple Victorious As Hinman Materials Unsealed, Why is XRP Down?
In a significant development in the legal dispute between Ripple, a blockchain company utilizing XRP in its On-Demand Liquidity (ODL) solution for cross-border transfers, and the United States Securities and Exchange Commission (SEC), the Hinman materials have now been unsealed. дальше »
2023-6-14 02:00 | |
Here’s The Impact Of Russia’s Recent Decision To Use Crypto Exchanges To Settle Cross-border Transactions
Russia, a former critic of crypto, is now embracing and implementing blockchain technology. The decision by Russia to settle cross-border transactions through cryptocurrency exchanges may benefit the overall cryptocurrency sector. дальше »
2023-6-6 10:11 | |
Russian Bank Rosbank Pilots Cross-Border Cryptocurrency Transactions with Corporate and Private Clients
The Russian bank Rosbank has become the first biggest bank in the country to launch cross-border cryptocurrency payments, with the help of an intermediary fintech to carry out the transactions. дальше »2023-6-3 00:32 | |
Russia’s Rosbank starts offering cross-border crypto payments despite nationwide ban
Rosbank, one of the Russian Federation’s most important financial institutions, is set to become the first major bank to offer cross-border transactions in cryptocurrency, according to reporting from the Russian business journal Vedomosti. дальше »
2023-6-2 22:42 | |
Chinese Stablecoin Staff Arrested in Hong Kong
Authorities arrest a cross-border payment stablecoin team in Hong Kong before crypto regulations come into force. The post Chinese Stablecoin Staff Arrested in Hong Kong appeared first on BeInCrypto. дальше »
2023-5-31 13:07 | |
Russia Cancels Planned National Crypto Exchange to Focus on Regulation
Russia cancels national crypto exchange plans, shifting its focus to regulation and supporting existing cross-border transaction exchanges. The post Russia Cancels Planned National Crypto Exchange to Focus on Regulation appeared first on BeInCrypto. дальше »
2023-5-30 08:49 | |
Russia to use crypto exchanges for cross-border transactions
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking to establish a framework to support cryptocurrency exchanges and digital assets in cross-border transactions. дальше »
2023-5-30 20:50 | |
DLT Viable Solution For Cross-border, Multi-currency Payments – New York Fed/MAS Study
In a May 18, 2023 press release, the New York Fed and the Monetary Authority of Singapore (MAS) published the results of a research study, known as Project Cedar Phase II x Ubin+. Project Cedar is a Federal Reserve Bank of New York’s New York Innovation Center initiative that seeks to develop a technical framework […] дальше »
2023-5-27 23:59 | |
NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said. дальше »
2023-5-19 04:41 | |
Stellar vs Ripple: Which way should investors lean in 2023?
Though Stellar and Ripple were designed for cross-border payments and digital asset exchanges, they have several differences. Q2 for both tokens has been challenging, thanks to bearish marketThe post Stellar vs Ripple: Which way should investors lean in 2023? appeared first on AMBCrypto. дальше »
2023-5-5 19:30 | |
Mastercard has introduced a new service that will allow users to make cross-border transfers using cryptocurrency.
Mastercard has introduced a new service that will allow users to make cross-border transfers using cryptocurrency. The service, called Crypto Credentials, enables banks and other financial institutions to securely store and verify a user’s cryptocurrency information, such as their wallet address and transaction history. дальше »
2023-4-29 17:38 | |
According to the Central Bank, Russia intends to engage in cryptocurrency mining to facilitate cross-border transactions.
The Bank of Russia is reportedly drafting a bill that would create an “experimental legal regime” for cryptocurrencies to be exclusively used in cross-border import-export transactions, as announced by the regulator’s head, Elvira Naiullina. дальше »
2023-4-19 22:06 | |
Ripple Launches Liquidity Hub For Business Cross-border Payments
San Francisco-based fintech firm Ripple has launched its latest product, Ripple Liquidity Hub, providing crypto liquidity to businesses. The post Ripple Launches Liquidity Hub For Business Cross-border Payments appeared first on BeInCrypto. дальше »
2023-4-14 11:30 | |
Japan to push CBDCs, crypto regulation as top agendas for G7
Japan intends to make central bank digital currencies (CBDC) and cross-border regulation of cryptocurrencies a key theme in this year’s G7 meetings under its presidency, according to Masato Kanda. дальше »
2023-4-12 22:29 | |
CBDCs could put banks' profits at risk, as per this report
Emerging CBDC cross-border transaction technology can put the banks’ profits at risk, as per a new Moody’s report. Cross-border CBDC transactions would require entirely new infrastructure, The post CBDCs could put banks' profits at risk, as per this report appeared first on AMBCrypto. дальше »
2023-3-24 11:30 | |
BIS wraps exploration project on retail CBDC payment system
The bank concluded that a “hub-and-spoke” model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds. дальше »
2023-3-7 19:30 | |
BIS Says 'Hub-and-Spoke' Cross-Border Transfers Offer Benefits to Retail CBDC
The model explored in Project Icebreaker would offer retail users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies. дальше »
2023-3-7 14:38 | |
India explores offline functionality of CBDCs — RBI executive director
In addition to offline functionality, RBI is gauging CBDC’s potential for cross-border transactions and linkage with legacy systems of other countries. дальше »
2023-3-6 10:49 | |
Ripple Scores New ODL Partner As XRP Bulls Target These Price Levels
Ripple partner Tranglo announced today that it has signed EzyRemit, one of Australia’s fastest growing fintech companies, as a new partner. EzyRemit will use Tranglo’s cross-border payment solutions, including the XRP-based On-Demand Liquidity (ODL) payment technology, according to a press release. дальше »
2023-2-27 14:15 | |
UAE set to issue CBDC for cross-border payments and domestic usage
The Central Bank of the United Arab Emirates is set to launch its CBDC. The CBDCs are part of a larger program called FIT, which seeks to accelerate digital transformation. The Central BanThe post UAE set to issue CBDC for cross-border payments and domestic usage appeared first on AMBCrypto. дальше »
2023-2-13 16:00 | |
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. дальше »
2023-2-1 19:24 | |