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Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments
6.12.2020
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments
Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”
4.12.2020
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...
SWIFT enables instant cross-border payments
3.12.2020
This seeming fight or flight response to blockchain’s rising ubiquity may be “too little, too late.”
Everyone's talking crypto for solving sub-Saharan Africa's payments problems
3.12.2020
Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth
How to Animate a SVG with border-image
3.12.2020
Let’s take a look at how to combine the border-image property in CSS with animated SVGs that move around a border. In the process, we’ll cover how to hand-craft resizable, nine-slice animated SVGs that you can use not only re-create the effect, but to make it your own.
Here’s what we’re...
How to Add Text in Borders Using Basic HTML Elements
1.12.2020
Some HTML elements come with preset designs, like the inconveniently small squares of <input type="checkbox"> elements, the limited-color bars of <meter> elements, and the “something about them bothers me” arrows of the <details> elements. We can style them to match...
Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain Technology
25.11.2020
Australia's border agency will trial blockchain solutions aimed at simplifying cross-border trade with Singapore
Remitano Makes Cross-Border Money Transfer Much Easier With New “Cash-Out” Feature
24.11.2020
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries...
Crypto cross-border payments, explained
20.11.2020
What are the main advantages that crypto can offer when making cross-border payments, and what are the main challenges for consumers?
Why FinCEN Wants Details on All Cross-Border Transactions Over $250
16.11.2020
At an event Monday, FinCEN staffers discussed the “why” of a new proposal that has crypto fans concerned
After Praising Bitcoin, JPMorgan Pushes JPM Coin, Sets Up Dedicated Crypto Unit
28.10.2020
JPMorgan Chase has revealed that its own JPM Coin is now being used commercially by a large tech company. The company has set up a dedicated crypto business unit with a focus on cross-border payments. This news follows a group of JPMorgan analysts praising bitcoin as an alternative investment...
How RUSH is Changing Cross Border Payments
23.10.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The US dollar is the most common currency used for cross border settlement between various countries and big corporations with the help of the traditional banking system. According to a report by the Balance,...
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...
Stellar CEO to Be Part of IMF Panel on Cross-Border Payments
18.10.2020
The panel will discuss the private-sector's role in addressing shortcomings of cross-border payments
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
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...