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Ripple Signs Two More Payment System Customers in UAE Expansion
19.5.2025
The agreements follow Ripple securing a license from the Dubai Financial Services Authority (DFSA) in March
BRICS Accelerates Currency Shift With New Trade Tools and Payment Systems
4.5.2025
BRICS nations are turbocharging their break from Western-dominated finance, advancing local currency trade, cross-border payment systems, and groundbreaking investment platforms to empower the Global South. BRICS Ministers Push Local Currencies, Cross-Border Payment Plan, and New Investment...
Coinbase Introduces Free Conversion for PayPal's PYUSD as Stablecoin Competition Intensifies
24.4.2025
The partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing
BRICS Payment Systems Are Coming—Brazil’s 2025 Plan Could Change Everything
28.2.2025
BRICS will prioritize secure, transparent payment systems this year under Brazil’s leadership, advancing financial sovereignty and reducing reliance on Western financial networks. BRICS Payment Systems Just Got Serious—Brazil’s 2025 Agenda Revealed Brazilian President Luiz Inacio Lula da Silva...
Central banks favor legacy instant payment systems over CBDCs
29.11.2024
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions
Payments Giant Stripe Brings Crypto Services to Aptos as Circle's USDC Stablecoin Launch on the Network
21.11.2024
The integrations aim to boost global payments and decentralized finance on the Aptos network
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
24.10.2024
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank...
BRICS Unified Currency Deemed Premature by Russian Official
8.10.2024
Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies...
Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems
24.9.2024
Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a strategy to reduce dependence on Western financial...
BRICS to Discuss Alternative Payment Platforms at Upcoming Summit
24.9.2024
Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on traditional financial platforms. Lavrov emphasized...
Bank of Canada just says no to retail CBDC in reshuffling of priorities
20.9.2024
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank
Bank of Canada just says no to retail CBDC in reshuffling of priorities
20.9.2024
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank
Circle integrates USDC with national payment systems of Brazil, Mexico
17.9.2024
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions
Circle integrates USDC with national payment systems of Brazil, Mexico
17.9.2024
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions
India mulls cross-border CBDC interoperability system
28.8.2024
RBI Governor Shaktikanta Das advocates a plug-and-play system to enhance cross-border payment efficiency and CBDC interoperability
India amasses 5M central bank digital currency users
26.8.2024
India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions
India amasses 5M central bank digital currency users
26.8.2024
India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions
Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops
31.7.2024
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers...
BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official
27.7.2024
The BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by establishing a resilient and sanctions-resistant...
India Favors BRICS Payment System, Says Institute Director
23.7.2024
India supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach. According to Ash Narain Roy, Director of India’s Institute of Social Sciences, thorough discussions among all parties are essential before making any decisions....