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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,...
Russia reconsiders stance on use of digital assets after past prohibitions
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9 September, 2022

Russia reconsiders stance on use of digital assets after past prohibitions

Following a barrage of sanctions and an ongoing row with the West, Russia is reportedly seeking to diversify its payment...
China and Hong Kong working on digital yuan cross-border payments
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9 December, 2020

China and Hong Kong working on digital yuan cross-border payments

Hong Kong’s central bank has been working with China’s digital currency institute to trial the use of the digital yuan...
Thailand, Hong Kong central banks move closer to digital currency adoption
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27 January, 2020

Thailand, Hong Kong central banks move closer to digital currency adoption

The Bank of Thailand and Hong Kong’s central bank have made progress in their plans to issue a central bank...
Singapore central bank to use blockchain in new payments system
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12 November, 2019

Singapore central bank to use blockchain in new payments system

Singapore central bank to use blockchain in new payments system
Cambodia eyes digital wallets to ease cross-border payments
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21 October, 2019

Cambodia eyes digital wallets to ease cross-border payments

Cambodia eyes digital wallets to ease cross-border payments
Africa’s BitPesa, Japan’s SBI Remit team up for cross-border payments
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25 September, 2018

Africa’s BitPesa, Japan’s SBI Remit team up for cross-border payments

Africa’s BitPesa, Japan’s SBI Remit team up for cross-border payments