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Deutsche Bank Acknowledges Crypto’s Leading Role in Ensuring BRICS’ Payment Capabilities
13.11.2024
Deutsche Bank, one of the largest banking institutions in Europe and the world, has recently linked BRICS to a significant percentage of cross-border transactions. The bank states that the bloc has been driven to cryptocurrency due to geopolitical tensions. Deutsche Bank: BRICS Countries Accounted...
Immunefi suspends TrustSec amid bug bounty dispute
13.11.2024
Immunefi suspended Trust Security over accusations of manipulating issues, sparking debate about fairness in Web3 bug bounty platforms
Chinese microchip company says it’s now accepting Bitcoin as payment
12.11.2024
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment
Singapore, France monetary authorities test quantum-proof security
8.11.2024
The MAS and BDF experimented with post-quantum email security as a first step in securing payment networks
African Payment System Gets Banker’s Endorsement, but Viability Questions Linger
8.11.2024
The Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion in processing costs. Boosting Local Currencies Africa’s recently launched Pan-African Payments and Settlements System (PAPSS) could potentially bring $50 billion...
US store chain Sheetz expands crypto payments via Flexa
2.11.2024
Sheetz has expanded its partnership with Flexa to accept BTC, ETH and stablecoin payments at over 750 locations in the US
US store chain Sheetz expands crypto payments via Flexa
2.11.2024
Sheetz has expanded its partnership with Flexa to accept BTC, ETH and stablecoin payments at over 750 locations in the US
US store chain Sheetz expands crypto payments via Flexa
2.11.2024
Sheetz has expanded its partnership with Flexa to accept BTC, ETH and stablecoin payments at over 750 locations in the US
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Singapore bolsters fintech hub with Global Finance Technology Network
31.10.2024
The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing
BRICS, SCO Align on Unified Payment System to Reduce Dollar Reliance
29.10.2024
The Shanghai Cooperation Organization (SCO) is advancing talks on a unified payment system to increase national currency use, aligning with BRICS efforts to counter Western economic dominance. A New Era? SCO’s Talks on Unified Payment System Revealed Shanghai Cooperation Organization (SCO)...
Latam Insights Encore: Brazil’s Determination to Build a New Financial System Will Guide BRICS Toward a Common Currency Agreement
28.10.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how Brazil’s firm determination to push the world toward a multipolar financial system can pay off in the long term. As the next...
Shift4 leverages The Giving Block for global payment service rollout
28.10.2024
Payment processor Shift4 bought the crypto service for philanthropies in 2022 and applied its knowledge to other sectors.
BRICS Payment System a SWIFT Substitute? Network to Implement Digital Assets and Financial Messages
26.10.2024
The Russian Finance Minister offered insight into the inner workings of the new BRICS payment system at the recent summit held in Kazan. Anton Siluanov stated that the modern system will take digital financial assets into account and will be able to deliver financial messages. BRICS Proposed...
BRICS Backs Russia’s Push for New Global Payment System to Counter Western Control
26.10.2024
Russia’s push for a BRICS payment system is gaining traction, with partners endorsing the plan to counter an “outdated, expensive, and ineffective” global framework. BRICS Partners Support Russia’s Plan for a New Payment System Russian Deputy Finance Minister Ivan Chebeskov announced that...
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
24.10.2024
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank...
BRICS Nations in ‘Intense Discussions’ to Develop Common Payment System
23.10.2024
BRICS nations are actively discussing the development of a common payment system and the use of national currencies for trade, with Indian Foreign Secretary Vikram Misri confirming that intense talks have been underway. Studies and research have been commissioned. Experts have emphasized that...
Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge: Report
21.10.2024
Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate