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cross-border payments

Russia: New law greenlights digital assets use for cross-border payments
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16 March, 2024

Russia: New law greenlights digital assets use for cross-border payments

The provisions of the newly minted law reveal that only tokenized assets issued by the Bank of Russia are authorized...
African central banks discuss CBDCs for cross-border payment
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27 November, 2022

African central banks discuss CBDCs for cross-border payment

Thirteen central banks met in Kenya recently to discuss the impact of CBDCs on cross-border payments while still ensuring AML...
Bank of International Settlement wraps up mBridge cross-border CBDC pilot
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2 October, 2022

Bank of International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
Russia approves digital assets for international payments with strict rules against money laundering
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27 September, 2022

Russia approves digital assets for international payments with strict rules against money laundering

The use of digital assets in foreign transactions is set in stone, with Russia assuring that the move aligns with...
Russia’s Finance Ministry eyes collaboration with other countries on stablecoin settlement platform
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12 September, 2022

Russia’s Finance Ministry eyes collaboration with other countries on stablecoin settlement platform

To counter sanctions, Russia is looking to set up a stablecoin platform with help from allies to settle cross-border payments,...