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Bilateral Settlement Between China and Russia Worsens Due to New Sanctions


The payment flow between China and Russia is being disrupted once again due to the enactment of a new package of sanctions that includes 46 Chinese companies allegedly assisting the Russian war effort. This has affected imports of dual-use products, which can be used for both military and civilian...

India’s HDFC Bank Launches New UPI and CBDC Features


HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in Mumbai, India, these innovations, developed...

Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade


Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...

NFTs Beyond Art: Emerging New Use Cases


Non-Fungible Tokens (NFTs) have predominantly made headlines for their impact on the art world, revolutionizing how digital art is created, […] The post NFTs Beyond Art: Emerging New Use Cases appeared first on WINBTC.NET

Crypto Security: Best Practices for Safe Trading and Storage


In the rapidly evolving world of cryptocurrency, security remains a paramount concern for both new and experienced traders. As the […] The post Crypto Security: Best Practices for Safe Trading and Storage appeared first on WINBTC.NET

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