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Is Singapore looking at crypto to deal with cross-border remittance costs
For the second year in a row, an Asian country topped the Index of Economic Freedom. Singapore's world ranking and its high score were boosted by its property rights and trade freedom ratings. What dThe post Is Singapore looking at crypto to deal with cross-border remittance costs appeared first on AMBCrypto. дальше »
2021-10-10 16:30 | |
MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC
Cross-border payments giant MoneyGram is now working with the Stellar network for instant money transfers using the USDC stablecoin. The companies announced on Monday that they would start the pilot in the fourth quarter of this year, and a gradual rollout of enabling USDC fiat on and off-ramp across MoneyGram’s retail platform will happen early […] The post MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC first appeared on BitcoinExchangeGuide. дальше »
2021-10-7 16:09 | |
MoneyGram, Stellar, and Circle tie to offer blockchain-based payments
MoneyGram, a legacy cross-border peer-to-peer (P2P) payments and money transfer company, is looking to launch blockchain-powered payments. A report unveiled this news on October 6, noting that the firm has joined hands with Stellar and Circle to provide instant money transfers through Circle’s stablecoin, USD Coin (USDC). дальше »
2021-10-8 13:49 | |
The Largest Bank In Africa And The Middle East Joins Ripple Network For Cross-Border Payments
QNB Group or the Qatar National Bank is to harness Ripple’s blockchain technology to process real-time global cross-border payments. Ripple Signs Deal With QNB Group Ripple has inked a new partnership. дальше »
2021-10-6 23:44 | |
Visa announces interoperable blockchain platform for converting CBDC and stablecoins
The international payment network Visa announced it would create a platform for the compatibility of various blockchains. It will allow to perform cross-border transactions and convert central-bank digital currencies and stablecoins. дальше »
2021-10-2 23:39 | |
Royal Monetary Authority of Bhutan, Ripple Partner to Pilot CBDC Using Private Blockchain
Ripple, the leading provider of enterprise blockchain and crypto solutions for cross-border payments, today announced a collaboration with Bhutan’s central bank, the Royal Monetary Authority (RMA), to... дальше »
2021-9-29 12:59 | |
Novatti to leverage Ripple's cross-border solution to tap into Thailand
Ripple may be benched in the United States, but it continues to expand its net across the world by adding more clients to RippleNet. The latest addition to the same is Novatti after it announced takinThe post Novatti to leverage Ripple's cross-border solution to tap into Thailand appeared first on AMBCrypto. дальше »
2021-9-26 19:00 | |
Ripple to Partner With Royal Monetary Authority in Bhutan
Ripple has partnered with the central bank of Bhutan to create its a digital Ngultrum, that will explore CDBC use cases in retail, cross-border and wholesale payments, the latest step in the central bank's innovative payment initiatives. дальше »
2021-9-25 20:22 | |
SEC Scores Minor Victory Against Ripple As Court Rejects Employee Trading History Motion
The ongoing legal bouts between blockchain company Ripple Labs and the US Securities and Exchange Commission (SEC) have seen both parties scoring decisive points. The latest winner is the federal regulator which has dodged a bullet as the cross-border payment company’s request for its employees’ data has been denied. дальше »
2021-9-22 19:01 | |
Royal Monetary Authority of Bhutan and Ripple to pilot CBDC with private blockchain
Ripple, the provider of enterprise blockchain and crypto solutions for cross-border payments, today announced a collaboration with Bhutan’s central bank, the Royal Monetary Authority (RMA), to pilot a central bank digital currency (CBDC) using Ripple’s CBDC Private Ledger. дальше »
2021-9-23 18:17 | |
Shanghai Using Permissionless Blockchain to Pilot the Use of RMB for Cross-border Payments
Conflux’s permissionless blockchain will be used to test the digital RMB for cross-border payments in Shanghai’s Lingang Pilot Free Trade Zone. In July, China's central bank has approved the Lingang Pilot Free Trade Zone to test the free capital inflows and outflows. дальше »
2021-9-20 18:33 | |
UK Firm Paydek Taps Ripple Blockchain To Extend Near-Instant Payments To Latin America And Africa
RippleNet, the blockchain-based enterprise global payments network of Ripple, is primed to increase its footprint in Latin America and Africa with a remittance firm set out to unveil cross-border remittances using the tech. дальше »
2021-9-18 14:45 | |
USDR Payment Token Supported by Gold Reserve
The consequences of inefficient payment methods are felt throughout global GDP, with the most significant impact on daily consumers. Not only do these insecure monetary systems destroy purchasing power because of inflation, but it also limits the capacity of traders to trade within the world due to cross-border transaction inefficiencies. дальше »
2021-9-14 10:57 | |
Australia, Malaysia, Singapore, South Africa Set To Test Cross-Border CBDC
CBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though they mostly remain in the hypothetical stage. дальше »
2021-9-6 00:00 | |
BIS, Four Central Banks Launching Joint CBDCs
The Bank of International Settlements (BIS) is collaborating with apex banks in Australia, Malaysia, Singapore, and South Africa to trial central bank digital currencies (CBDCs) for cross-border payments and remittances, according to a Coindesk report on September 2, 2021. дальше »
2021-9-3 23:00 | |
Bank of International Settlements’ (BIS) Partners With Multiple Central Banks to Test Cross-Border CBDC Infrastructure
The race to launch a central bank digital currency (CBDC) is still on as several developed countries are working tirelessly to look into the effects of currency digitization. But, while some countries are taking the individual approach, there has also been a growth in collaborations towards this objective. дальше »
2021-9-2 16:28 | |
Singapore’s Central Bank Explores Blockchain Technology For Seamless Cross-Border Payments Using Multiple CBDCs
The Central Bank of Singapore, the Monetary Authority of Singapore (MAS), has launched a new blockchain-based project to streamline the process of cross-border payments using central bank digital currencies (CBDCs). дальше »
2021-8-27 19:45 | |
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. дальше »
2021-8-13 01:42 | |
Stellar (XLM) Blockchain Network to Enable Thailand-Europe Cross-Border Payments
Stellar (XLM) blockchain-powered cross-border remittance corridor goes live to enable Thailand-Europe payments. Enabling Cross-Border Payments via Stellar Blockchain According to a recent press release, Velo Labs, TEMPO Payments, and Bitazza Thailand have jointly opened up a remittance corridor between 27 countries in Thailand and the EU region. дальше »
2021-8-12 12:00 | |
TomiEx: CBDC’s would eventually lose competition to global stablecoins
Central bank digital currencies, or CBDC’s, are unlikely to significantly solve the problem of facilitating international cross-border online services, unless central banks put heavy regulations on global stablecoins like Diem. дальше »
2021-8-10 19:43 | |
BIS Unveils Blueprint for Instant Cross Border Payments System
The Bank of International Settlements (BIS) has released the blueprint of its instant cross-border payments solution dubbed Nexus. The BIS Innovation Hub says the Nexus solution will connect with Instant Payment Systems (IPSs) across nations to offer users superfast cross-border payments. дальше »
2021-7-30 23:00 | |
EY Unveils Blockchain Solution to Tackle Cross-Border Withholding Tax Challenges
“Big Four” professional services company Ernst and Young (EY) announced the completion of a blockchain-based solution that would help remove the bottlenecks found in the cross-border withholding tax (WHT) process. дальше »
2021-7-30 19:00 | |
SWIFT Takes Swipe At Ripple With A Cheaper Cross-border Payment System
Global messaging network SWIFT has introduced a new service aimed at offering low-value, cross-border payments. SWIFT GO Launches Live With Seven Major Banks The new service dubbed SWIFT Go has been launched and is already being used by seven major global banks. дальше »
2021-7-28 19:11 | |
IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital currencies (CBDCs) for cross-border payments. дальше »
2021-7-18 20:30 | |
China considers exploring e-CNY for cross-border payments
China will be taking another step forward in its mission to launch the country's digital e-currency. As per a recent report which cites the PBoC, the country will be exploring possibilities pertainingThe post China considers exploring e-CNY for cross-border payments appeared first on AMBCrypto. дальше »
2021-7-17 00:30 | |
Singapore and France Set To Trial Global Transactions Through CBDCs
Central banks of Singapore and France are developing a digital coin interoperability system that will support various global CBDCs. The Financial authorities of both countries are seriously exploring the CBDCs cross-border applications. дальше »
2021-7-17 11:02 | |
Central Bank CBDC’s Could Enhance Cross Border Payments: BIS, IMF, World Bank at G20
While Central banks seem to be focusing more on the domestic use of cross-border networks of central bank digital currencies (CBDC), the Bank of International Settlements (BIS) believes CBDCs should be used beyond borders. дальше »
2021-7-9 20:16 | |
Banque de France Conducts Cross-Border Central Bank Digital Currency Experiment
France’s apex bank and Singapore’s monetary authority have collaborated on a cross-border central bank digital currency (CBDC) project. The partnership is the latest example of the emerging international cooperation among central banks in CBDC development across the world. дальше »
2021-7-9 08:00 | |
SBI, Hamamatsu Iwata Bank pick Ripple's tech for international remittance
The evolution of the banking system has already begun. With the rise in demand for real-time, low-cost cross-border payments, integration of the traditional banking landscape with blockchain firms likThe post SBI, Hamamatsu Iwata Bank pick Ripple's tech for international remittance appeared first on AMBCrypto. дальше »
2021-7-1 04:00 | |
South African Central Bank Outlines FX Crypto Limits
According to the South African Reserve Bank (SARB), individuals may not use cross-border or foreign exchange transfers to purchase crypto assets. The post South African Central Bank Outlines FX Crypto Limits appeared first on BeInCrypto. дальше »
2021-6-28 15:34 | |
Lynx Global, FinFan reveal RippleNet-based ODL corridor between Australia, Vietnam
The number of cross-border payments taking place in real-time has consistently been rising over the past few months. And because that has been the case, it wouldn’t be wrong to claim that RippleNet The post Lynx Global, FinFan reveal RippleNet-based ODL corridor between Australia, Vietnam appeared first on AMBCrypto. дальше »
2021-6-18 20:30 | |
Former PayPal Employees Launch Six Clovers, An Algorand based Cross-Border Payments Network
Former PayPal employees launch a decentralized cross-border payment system on Algorand. The system aims to provide faster and cheaper transactions by “fueling them with regulated stablecoins to represent fiat on-chain,” Borderless Capital CEO David Garcia said. дальше »
2021-6-16 15:25 | |
Former PayPal Leads Launch Cross-Border Payment Network to Rival SWIFT
A pair of former PayPal tech leads have released a fintech infrastructure platform named Six Clovers. The platform is aimed at offering better integration and enabling real-time payments. The post Former PayPal Leads Launch Cross-Border Payment Network to Rival SWIFT appeared first on BeInCrypto. дальше »
2021-6-16 08:16 | |
South Africa’s Financial Watchdog to Regulate Crypto Assets in ‘A Phased and Structured Manner’
South Africa is ready to set crypto asset controls to curb the growing cases of fraud and scams and improve the management of cross-border flows. According to a statement by the Intergovernmental Fintech Working Group (IFWG) and the Financial Sector Conduct Authority (FSCA), the nation will start regulating cryptocurrencies with a “structured approach. дальше »
2021-6-13 17:16 | |
Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector
The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be conducted with the help of a private sector consortium led by Accenture. дальше »
2021-6-11 17:00 | |
Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials
Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios. дальше »
2021-6-9 16:30 | |
Ripple Has Just Proposed A New Strategy That Will Strikingly Advance XRP As We Know It
San Francisco-based fintech firm Ripple has published a proposal to include federated sidechains that will be connected to the XRP Ledger (XRPL). The idea is that each sidechain would operate as its own blockchain thus helping preserve the XRPL’s leanness and efficiency for cross-border payments. дальше »
2021-6-8 18:07 | |
Cross-Border Payments: The Role of Data Standardization in Achieving Frictionless Payments
In society today it’s safe to assume that composing, sending, receiving and interpreting email is second nature. We do it across different devices, on the go, in meetings, at work, at home — you name it — and we do it efficiently and effortlessly. дальше »
2021-6-6 22:04 | |
BankDhofar adopts RippleNet to expedite cross-border payments to India
Oman’s second-largest bank, BankDhofar, has joined hands with Ripple to enable real-time cross-border payments between Oman and India. Ripple unveiled this news on May 25, noting that this partnership will see BankDhofar integrate RippleNet to connect with the Induslnd Bank. дальше »
2021-5-27 23:35 | |
Stellar Dev Foundation Invests $15M in AirTM to Improve Latin American Cross-Border Transfers
In an announcement on Tuesday, SDF’s venture arm, Stellar Enterprise Fund, announced the multi-million funding round aims to boost the development of AirTM’s platform. Additionally, SDF will integrate Stellar blockchain to the platform in the coming year to make the transactions cheaper, a statement from the team reads. дальше »
2021-5-27 18:56 | |
Ripple helps establish payments corridor between Egypt and UAE
The National Bank of Egypt (NBE) has partnered with Ripple (XRP) to establish a cross-border payments corridor with the United Arab Emirates via RippleNet, according to a press release published on Tuesday. дальше »
2021-5-20 02:01 | |