UAE regulatory approval bolsters Ripple’s quest to rival SWIFT in cross-border payments
Ripple has secured in-principle approval from the Dubai Monetary Companies Authority (DFSA), marking a major step in its efforts to ...
Tag: CrossBorder
PayPal to Facilitate Cross-Border Trade in China
PayPal is launching its PayPal Full Funds platform in China, providing seamless cross-border fee options. The platform, which initially launched ...
Mansa Partners With Nigerian Blockchain Platform Bitmama to Boost Cross-Border Payments
The Nigerian blockchain cost platform Bitmama has partnered with the decentralized finance platform Mansa to enhance cross-border cost accessibility in ...
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
The Financial institution of Russia is exploring the usage of stablecoins in cross-border transactions, contemplating them as digital monetary belongings ...
Russia Initiates Crypto Trials For Cross-Border Payments Amid Sanctions Crisis
In keeping with Bloomberg, Russia is poised to provoke trials involving crypto exchanges and the utilization of digital tokens for ...
Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments
The just lately accomplished proof of idea by the Financial institution of Ghana and the Financial Authority of Singapore demonstrated ...
Cross-Border Digital Ruble Payments May Become a Reality in 2026
Generalized worldwide settlements utilizing the Russian digital ruble is not going to be out there till 2026, in line with ...
BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement
In a transfer to enhance conventional cross-border funds, the Financial institution for Worldwide Settlements (BIS) has introduced the launch of ...
Hong Kong pilots first-ever digital yuan payment system for cross-border transactions
The Folks’s Financial institution of China (PBoC) and the Hong Kong Financial Authority (HKMA) have taken important steps to develop ...
Veritran and Swift Announce Collaboration to Enhance Cross-Border Payments
Worldwide banking know-how firm Veritran introduced a collaboration with monetary messaging providers firm Swift. As a part of the collaboration, ...