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Cambodia’s Bakong Tourists app boosts regional payment options
20.8.2024
The Cambodian central bank’s Soramitsu-backed digital payment system is continuing to expand
UnionPay Launches Self-service Platform for Merchants to Add Digital Yuan Pay Options
29.3.2022
Chinese businesses are finding more uses for the digital yuan – with merchants being offered services that allow them to sign up to receive central bank digital currency (CBDC) payments through third-party operators.
Per an article from China National Radio, the domestic financial behemoth...
Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions
8.3.2022
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face...
Russian Banks Look to China’s UnionPay after Visa, Mastercard Freezout
7.3.2022
The American payments heavyweights Visa and Mastercard, as well as the card issuer American Express, have suspended their operations in Russia – joining an increasingly lengthy list of firms severing their trade links with the country. But Russian banks have indicated that they may look...
Chinese Payments Giant UnionPay to Support Crypto Payments With New Virtual Card
4.11.2020
The world's biggest credit and debit card company will support payments with a South Korea-developed cryptocurrency for an upcoming virtual card offering
China's UnionPay and Korea's Danal to launch crypto-supporting digital card
4.11.2020
The new card will support crypto payments using Paycoin at over 30 million UnionPay merchants
China Launches Blockchain-Based Service Network for Global Commercial Use
27.4.2020
China has launched its Blockchain-based Service Network to support the creation of a digital economy and build smart cities
China’s Nationwide Blockchain Network BSN Will Launch in April 2020
8.1.2020
China’s nationwide blockchain network, the BSN, will be fully launched in April 2020, following a six-month beta testing period