Ripple draws closer to dominating the global cross-border remittance industry
Ripple expands its ODL presence into Africa through MFS Africa. Why Ripple’s approach for the African rollout has targeted a...
Crossborder
Singapore’s Ubin+ to study cross-border FX with CBDCs
The Monetary Authority of Singapore (MAS), the city-state’s central bank, launched Project Ubin+ on Thursday, a collaborative initiative with international...
BIS’ mBridge shows CBDCs enhance cross-border payment efficiency: HKMA
The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, has published a report of the mBridge central...
Cross-Border Bitcoin Payments: Middle-Market Appeal
There are a lot of potential points of friction or failure in cross-border payments between businesses, ranging from slow finality...
Shenzhen leads China in cross-border CBDC transactions: report
Companies in Shenzhen in mainland China made up one-third of the transaction volume in a cross-border central bank digital currency...
EU regulators ban cross-border payments from Russian crypto accounts
In a statement released on Oct. 6, the European Union introduced another set of sanctions against Russia due to the...
BIS Proclaims Success in Multi-CBDC Cross-Border Payment Pilot Project BIS Proclaims Success in Multi-CBDC Cross-Border Payment Pilot Project
The Bank for International Settlements (BIS) on Tuesday announced that a multi-jurisdiction CBDC pilot spearheaded by BIS Innovation Hub has...
BIS concludes CBDC pilot with cross-border payments totalling $22M transacted
A pilot project involving four Asian central bank digital currencies (CBDC) involving real-value transactions was completed on Sept. 23, according...
BIS mBridge cross-border CBDC project concludes pilot, advisor says
Hong Kong’s central bank digital currency (CBDC) project with three other central banks and the Bank of International Settlements (BIS)...
Is Russia set to approve cross-border crypto transactions
Russia’s Ministry of Finance and the Bank of Russia have agreed on a bill that will allow Russian citizens to...