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Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers
28.10.2019
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday
China: Forex Regulator Warns Against Illegal Crypto Cross-Border Flows
28.10.2019
Emerging markets must crackdown on crypto-enabled illegal cross-border capital flows, says China’s State Administration of Foreign Exchange
National Bank of Cambodia Looking to Implement Cross-border Blockchain Payments
23.10.2019
In an interview with CNBC, Assistant Governor of National Bank of Cambodia, Serey Chea, said that her country is experimenting with the blockchain payment system. She expressed hope that in the future, the country will implement the open ledger technology to enhance efficiency and reduce...
Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments
18.10.2019
Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help
Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank
17.10.2019
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP
Alfa Bank, Commerzbank, Vesuvius GmbH along With NLMK Initiates Cross Border Payments via R3 Network
12.10.2019
Alfa-Bank, Commerzbank, Vesuvius GmbH along with Novolipetsk Steel Company (NLMK) are piloting a cross border payment project on R3’s Marco Polo network. As a member of R3’s Marco Polo’s global blockchain network, the transaction will be first-ever cross border import-export operation via this...
Alfa-Bank, Commerzbank Pilot Cross-Border Payments on R3’s Marco Polo
12.10.2019
Alpha-Bank and Commerzbank launch a pilot project of Russia-Germany payments via Marco Polo Network
Finastra Joins RippleNet to Support Cheaper Cross-Border Payments
9.10.2019
British financial software firm Finastra joins RippleNet, a global blockchain payments network with over 200 members
BitPay to Extend XRP Support For Cross-Border Payments
3.10.2019
BitPay, one of the most prominent blockchain payments providers across the world, is all set to add support for Ripple’s XRP before the year marks an end. The company shared the update on October 2, 2019, through an official press release. Providing more details, BitPay stated that they have...
Blockchain Adoption as a Cure for Cross-Border Trading
28.9.2019
How governments are exploring blockchain to optimize customs and border protection processes
Wells Fargo to Pilot DLT-Based Cross-Border Settlement Platform
17.9.2019
Financial services company Wells Fargo & Company is planning to pilot a DLT-based internal settlement service in 2020
Mastercard Teams Up With R3 To Create Blockchain-backed Cross Border Payments System
12.9.2019
Nowadays, the mere mention of blockchain technology makes people associate the whole thing with Bitcoin and other cryptocurrencies. However, in this regard, it needs to be pointed out that blockchain technology in itself is independent of cryptocurrencies and can be used in a wide variety...
Mastercard, R3 to Develop a Blockchain Cross-Border Payments Platform
11.9.2019
The card giant is to develop a blockchain-powered cross-border payments platform in partnership with enterprise-focused blockchain firm R3
Cross Border Payment Fintech Firm Chipper Cash Expands to Nigeria
5.9.2019
Fintech had come a long way since the days of PayPal when the payments company emerged as a novelty of sorts and took the world by storm. However, over the next decade, very few Fintech companies came along. All that changed around half a decade ago when Fintech made a remarkable comeback due...
US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments
29.8.2019
America’s eighth-largest bank PNC becomes the country’s first to start processing cross-border payments using the RippleNet
Xendpay Partners with Ripple that Allows the Firm for Cross-border Payments
23.8.2019
Xendpay, a UK established remittance firm, declared an association with Ripple that enables the firm to enter new markets like Bangladesh, Malaysia, Vietnam, Philippines, Indonesia, and Thailand. Xendpay is joining with other prominent organizations that are as of now utilizing Ripple’s...
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Bitex Partners With Bantotal For More Cross-Border Payments in Latin America
14.8.2019
BTC exchange Bitex has partnered with Uruguay-based Bantotal to facilitate cross-border payments throughout Latin America
60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments
13.8.2019
Crypto exchange Bitex wants to decrease costs associated with cross-border banking using the bitcoin blockchain
SEC Commissioner: US Could Draw Crypto Policy From These Countries
5.8.2019
The U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing...