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BIS Unsure if 'Global Stablecoins' Can Help Cross-border Payments


Agustín Carstens, General Manager of the BIS. The Bank for International Settlements (BIS) agrees that leading financial nations badly need to make cross-border payment progress – but is still unsure if that the answer will be found in global stablecoin projects. In a new report to the G20 entitled...

Singapore & JPMorgan to Rollout Blockchain-powered Payments Platform


Singapore’s central bank says its prototype blockchain-powered cross-border payments network is now ready for commercial rollout. As previously reported, the Monetary Authority of Singapore (MAS) began “industry testing" for its new solution with JPMorgan and the state-operated Singaporean...

Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile


Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...

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