Every day, we see traditional financial institutions scrambling to figure out its crypto strategy, and understandably so. Crypto is past the tipping point of mainstream consciousness. Its use cases like…
CrossBorder
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- Blockchain
G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System
by Mikiby MikiThe Financial Stability Board (FSB), a G20-backed think tank, has cited the duo of government-issued Central Bank Digital Currencies (CBDCs) and stablecoins as key drivers in pursuing a better cross-border…
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The Qatari National Bank (QNB) is set to launch a cross-border payment solution powered by blockchain payments firm Ripple Labs Inc and will see cash movements to Turkey. As reported…
- Blockchain
Australia and Singapore Authorities Completes Trial for Blockchain-based Cross-Border Document Verification
by Mikiby MikiThe Australian Border Force (ABF), the Infocomm Media Development Authority of Singapore (IMDA), and Singapore Customs have completed a blockchain-based trial that helps reaffirm the possibilities that trade documents can be…
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Ripple (XRP) SWIFT Takes Swipe At Ripple With A Cheaper Cross-border Payment System Global messaging network SWIFT has introduced a new service aimed at offering low-value, cross-border payments. SWIFT GO…
- All Alt Coin
Former PayPal Executives Launch Decentralized Cross-Border Payments Network Six Clovers
by Mikiby MikiSix Clovers will be challenging the traditional SWFT banking systems by offering decentralized modern financial infrastructure solutions that can move money across the globe in the blink of an eye.…
- Ripple
SBI Ripple Asia Powers Cambodia’s First Cross-Border Remittance Corridor Using RippleNet
by Mikiby MikiSBI Ripple Asia, a joint venture between SBI Holdings and Ripple, will be facilitating Cambodia’s first international remittance service using blockchain technology. In collaboration with SBI LY Hour Bank, which…
- Blockchain
France and Switzerland Launches Cross-Border Central Bank Digital Currency Trials
by Mikiby MikiTwo Central Banks of European nations in France and Switzerland have launched a joint Central Bank Digital Currency (CBDC) cross-border trial. According to a report by Bloomberg, the wholesale trial…
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Key Takeaways In line with a report from Korea Financial Day by day, there was a sudden rise in financial institution transactions from Korea to China. Regulators suspect the transactions…