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BRICS Bloc Mulls Stablecoins, CBDC-Based System for International Settlements


Russian Deputy Foreign Minister Sergey Ryabkov revealed that the BRICS bloc has been considering the use of stablecoins for its common rail payment systems. In an interview with TV BRICS, Ryabkov stated that the use of stablecoins and a connection linking the CBDCs of the participants were studied...

Dogecoin20 Hits Uniswap, Rallies Over 100% In First Hour


A new Ethereum-based Dogecoin alternative, Dogecoin20 (ticker: DOGE20) rallied over 100% less than an hour after landing on leading decentralized exchange (DEX) Uniswap.  The frantic buying activity was driven largely by anticipation for Saturday, April 20, 2024, a day earmarked by the crypto...

Bank of Russia Supports Cryptocurrency Usage for International Settlements


The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast...

HashKey Group COO: Hong Kong’s Crypto Rules Might Limit Global Appeal


HashKey Group COO Livio Weng criticized Hong Kong's recent regulations around crypto trading, expressing concerns that they may impede access for international clients. The post HashKey Group COO: Hong Kong’s Crypto Rules Might Limit Global Appeal appeared first on Cryptonews

HashKey Group Secures Bermuda License, Launches Global Platform


HashKey COO Livio Weng announces the launch of new platform with over 20 cryptos available targeting potential international users who cannot trade on HashKey Hong Kong. The post HashKey Group Secures Bermuda License, Launches Global Platform appeared first on Cryptonews

Paypal Integrates PYUSD for International Transfers on Xoom


On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting international cross-border transactions. Beginning on April 4, this feature was made accessible to users in the U.S., enabling them to transfer PYUSD...

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