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Canadian Police Unit Utilizes Chainalysis Blockchain Forensics for Cryptocurrency Investigations

9.8.2023
Officials in law enforcement from Lethbridge, situated in the province of Alberta, Canada, have unveiled that the Lethbridge Police Service (LPS) is now utilizing Chainalysis blockchain forensics software. According to local reports, LPS has acquired the capacity to trace cryptocurrency...

Belarus Prepares to Launch ‘Cross-Border’ CBDC – Russia’s Digital Ruble an Inspiration?

8.8.2023
Belarus is set to follow suit with Russia’s CBDC development plans – and plans to launch a digital version of the Belarusian ruble for use in “cross-border” payments. Per Minsk-Novosti and Interfax, the National Bank of the Republic of Belarus (NBRB) has earmarked the launch of CBDC as one of...

Blockchain will save financial institutions $10B by 2030: Ripple

30.7.2023
Among the 300 payment leaders surveyed across 45 countries, 97% believe that blockchain will play a crucial role in faster payment systems within the next three years

Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers

27.7.2023
Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer...

Central Bank of Russia Discusses Digital Ruble Integration With Other Countries

22.7.2023
The Central Bank of Russia (CBR) is already discussing the integration of its central bank digital currency (CBDC), the digital ruble, with other countries’ payment systems. Elvira Nabiullina, Governor of the CBR, declared the bank was exploring different possibilities of integration with...

Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show

21.7.2023
The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday

Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation

20.7.2023
The central banks of Egypt and Nigeria have signed a fintech agreement to deepen the two institutions’ “cross-border regulatory collaboration” and information sharing. The London Institute of Banking & Finance, which also signed an MOU, will offer training programs, workshops...

200+ Hong Kong Stores Accept Digital Yuan – China’s CBDC Goes Cross-border

20.7.2023
Over 200 Hong Kong stores now accept digital yuan payments, banks have claimed, as China looks to take its CBDC into the cross-border space. The list of e-CNY-accepting vendors includes stores and outlets that cater predominantly to Mainland Chinese tourists. Per Wen Wei Po Hong Kong,...

China’s digital yuan nears $250B transaction volume: Central bank governor

20.7.2023
While the adoption and use cases of China’s e-CNY are expanding, the digital yuan still only represents 0.16% of China’s monetary supply

Central Banks Controlling Money Is Not Democracy, Balaji Srinivasan Says

12.7.2023
If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted to cross-border payments. Balaji Srinivasan Speaks...

Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq

10.7.2023
Iran’s government considers employing the Iraqi dinar in bilateral trade with Iraq in a bid to further curtail the dominance of the U.S. dollar. The annual turnover between the two neighboring nations exceeds $10 billion with millions of pilgrims and health tourists crossing the border each year....

Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments

5.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and...

India Fosters Global Cross-Border Payments For The Digital Rupee

5.7.2023
The Reserve Bank of India (RBI) is on course to expand the frontiers of its Central Bank Digital Currency (CBDC), the “digital rupee” as it negotiates with foreign countries to adopt cross-border payment systems. The bank is currently in talks with its counterpart in at least 18 countries on ways...

India negotiates cross-border CBDC payments with global central banks

5.7.2023
The CBDC should enhance the country's potential for foreign trade with nations that lack U.S. dollar reserves

Six Clovers Unveils Versal Network for Cross-Border Crypto Payments in Stablecoins and CBDCs

2.7.2023
On June 29, Six Clovers, a company founded by former PayPal business and technology leaders Jim Nguyen and Nas Kavian, introduced the Versal Network on Sui blockchain. This decentralized global payments network aims to streamline cross-border transactions for businesses worldwide. By utilizing...

Developer Six Clovers Rolls Out Cross-Border Crypto Payments on Sui

29.6.2023
Versal Network will allow companies to transact in stablecoins and central bank digital currencies

IMF Working on Platform to Support CBDC Cross-Border Interoperability

21.6.2023
The International Monetary Fund (IMF) is working to develop a platform that would serve as an interoperability layer for central bank digital currencies (CBDCs), allowing for settlements among different countries. According to statements from IMF Managing Director Kristalina Georgieva, this would...