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How Solana is transforming cross-border agricultural trade
24.7.2024
AgriDex’s blockchain-based platform enabled a South African farm to complete a trade with a London importer, showcasing the benefits of onchain settlements
South African Startup Neonomad to Launch Rand-Backed Stablecoin
24.7.2024
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple...
Cross-Border Digital Ruble Payments May Become a Reality in 2026
22.7.2024
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage...
Caliza Raises $8.5 Million to Ease Cross Border Payments Using USDC in Latam
17.7.2024
Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $8.5 million in a funding round led by Initialized, seeking to expand the reach of its foothold in Brazil. The company offers B2B solutions focusing on USDC, Circle’s regulated stablecoin, providing rails...
Crypto for good: Why blockchain can bring financial inclusion worldwide
10.7.2024
John Wingate of BankSocial and Azeem Khan of Morph tell The Agenda podcast how crypto and blockchain can make the world a better, more equitable place
Dubai Border Protection Agency Launches Blockchain Platform to Boost Efficiency
9.7.2024
Dubai’s border protection agency announced the launch of a secure and efficient blockchain network, which is expected to improve efficiency and transparency within the United Arab Emirates city. The blockchain platform will also strengthen Dubai’s position as a hub for entrepreneurship and global...
Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
5.7.2024
Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been presented and the issue is now being discussed....
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions
4.7.2024
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened...
Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization
28.6.2024
The HKMA set up Project Ensemble months ago. Now we know why
24.6.2024
CSS Meditation #8: .work + .life { border: 10px solid #000; }…
originally published on CSS-Tricks, which is part of the DigitalOcean family. You should get the newsletter
Stablecoins to make up 10% of money in the next decade or so: Circle CEO
20.6.2024
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before
BIS Survey: 94% of Central Banks Exploring Digital Currency
15.6.2024
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors...
Cross Border CBDC Project Mbridge Enters MVP Stage
7.6.2024
Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, has reached its minimum viable product stage. This means that each one of the participant central banks has deployed a validating node in the network...
Ripple partners with Clear Junction to improve cross-border payments
6.6.2024
Ripple has announced a partnership with Clear Junction. The objective is to enhance cross-border payments in the UK and the European Union. It will initially facilitate transactions backed by EUR and GBP. The partnership plans to list more currencies in the coming years. Both partners bring...
Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin
6.6.2024
Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. The investment aims to drive innovation in the digital asset industry and facilitate...
Private firms to join global central bank CBDC project
5.6.2024
As Project mBridge enters its MVP phase, BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase the platform's potential
Tether announces strategic investment and launch of XAU1 stablecoin
5.6.2024
Tether invests $18.75 million in XREX Group and launches XAU1 stablecoin to enhance cross-border B2B payments and regulatory technology
BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement
4.6.2024
In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in wholesale central...
China and UAE Praise Potential Role of CBDCs in Cross-Border Trade
3.6.2024
China and the United Arab Emirates (UAE) have acknowledged the crucial role of central bank digital currency (CBDC) in facilitating cross-border trade and investment. In a joint statement, the two countries expressed their commitment to deepening bilateral and multilateral cooperation with respect...
Mastercard Launches Crypto Credential Service for Simplified Cross-Border Transactions
29.5.2024
Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier and more secure peer-to-peer (P2P) cryptocurrency transactions. The service, which allows users to transfer cryptocurrencies using simple aliases,...