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Ripple Launches Platform To Help Governments Issue CBDCs


Ripple launched a platform on Thursday that would help central banks, governments and financial institutions around the world issue their own central bank digital currency. The Ripple CBDC Platform would offer customers ledger technology and enable issuers to manage CBDCs from start to finish...

Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements


The governments of Russia and Iran are starting to phase out the usage of the U.S. dollar to conduct bilateral trade settlements. Russian Deputy Prime Minister Alexander Novak stated that 80% of Russia-Iran trade transactions are settled using national currencies and that they are considering also...

India, Russia Mull Payment System Integration in Face of US Sanctions


The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of each country. The deal would include the integration of India’s Rupay card system and its Russian counterpart...

G20 Governments Working Together to Develop a Unified Cryptocurrency Policy


The G20 countries plan to create a policy consensus on cryptocurrencies in a bid to better regulate the asset class.  On Wednesday, India’s federal economic affairs secretary Ajay Seth said the G20 countries will study the implications of cryptocurrencies for the economy, monetary policy, and...

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