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Chinese Banks Stepping up Blockchain Cross-border Trade Financing
17.10.2020
Chinese banks are looking to up their cross-border trade game – with a series of new blockchain-powered innovations that could seek to reduce the nation’s dollar dependence.
Per Sina, the Beijing-based China CITIC Bank, the country’s seventh-biggest lender, has become the first domestic bank...
Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances
15.10.2020
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network
Ripple Launches New Credit Service For Cross-Border Payments
9.10.2020
Source: Adobe/Тихон Купревич
California-based liquidity provider Ripple has introduced a new beta service, Line of Credit, designed to enable customers to benefit from its On-Demand Liquidity (ODL) service to source capital on-demand, and initiate cross-border payments with the use of the...
China's Ant Group launches cross-border trade platform to support SMEs
25.9.2020
Trusple platform promises to apply blockchain, AI and IoT technology to streamline cross-border trading processes for SMEs
Argentina Government Refuses to Pay $4M Bitcoin Ransom to Hackers Who Paralyzed Its Borders
9.9.2020
The government of Argentina has reportedly refused to pay a $4 million bitcoin ransom demanded by hackers who hijacked the country’s immigration systems, temporarily crippling cross-border movements. On Aug. 27, the cybercriminals – now identified as a group calling itself Netwalker...
Ripple Sued by 13 Australian Banks for Trademark Infringement
29.8.2020
Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied...
Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
21.8.2020
Nigeria’s weakening naira currency, as well as the shortage of U.S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential...
What Happens When Border Radii Overlap?
17.8.2020
I’d wager that most times we’re rounding box corners in CSS, we’re applying a uniform border-radius value across the border. It’s a nice touch of polish in many designs. But there are times when we might want different radii for different corners. Easy, right? That way the property takes four...
More Control Over CSS Borders With background-image
7.8.2020
You can make a typical CSS border dashed or dotted. For example:
.box {
border: 1px dashed black;
border: 3px dotted red;
}
You don’t have all that much control over how big or long the dashes or gaps are. And you certainly can’t give the dashes slants, fading, or animation!...
Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria
28.7.2020
Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well...
Chinese Blockchain-powered Cross-border Trade Pilot Handles USD 4.4bn
21.7.2020
Operators of a Chinese blockchain-powered cross-border trade pilot platform are set to expand the platform’s scope – with multi-million dollar trade deals now being conducted in a key testbed area.
Per Haiwainet, the central government is testing the efficacy of the network in the Guangdong-Hong...
Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
16.7.2020
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected
How Can Blockchain Disrupt Cross-Border Payments?
15.7.2020
Blockchain technology can bring about major changes for cross-border payments, says Ripple’s former chief market strategist
Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey
15.7.2020
Bank of England (BoE) Governor Andrew Bailey said Monday that the institution is still debating whether it should create a central bank digital currency (CBDC). Speaking at a webinar event, Andrew Bailey admits a CBDC will be a reality in the next few years. He, however, does not provide a time...
BIS Unsure if 'Global Stablecoins' Can Help Cross-border Payments
13.7.2020
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...
Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
12.7.2020
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...
Tiny Tax Haven Accounts for $36B of Cross-Border BTC Transactions
12.6.2020
Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019
Blockchain-powered Cross-border Trade Pilot Claims Breakthrough
12.6.2020
A Chinese pilot zone specializing in free trade and blockchain technology claims to be enjoying blockchain-powered cross-border trade success – while the central government is now getting serious about blockchain-powered cross-border trade, and will draw up a list of “key blockchain...
US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines
4.6.2020
Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged...
Stellar Invests in SatoshiPay’s B2B Cross-Border Solution
28.5.2020
The Stellar Development Foundation invests a further $550K to develop SatoshiPay’s cross border B2B payment solution