Ripple and Mercado Bitcoin initiate cross-border payment service in Brazil

Ripple and Mercado Bitcoin launch a new payment system in Brazil, enhancing cross-border transactions and simplifying currency exchanges. The post Ripple and Mercado Bitcoin initiate cross-border payment service in Brazil appeared first on Crypto Briefing. дальше »

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Ripple’s XRP Breaches 4-Year Downtrend As Seasoned Analyst Envisions Explosive Rocket To $200 Price

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Ripple secures in-principle approval to expand services in UAE

Ripple has received in-principle approval from the Dubai Financial Services Authority to enhance its cross-border payment solutions in the Middle East. Ripple is expanding its international presence by securing in-principle approval from the Dubai Financial Services Authority to broaden its… дальше »

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Russia’s central bank to probe crypto-linked cross-border transfers, banking channels

The Bank of Russia is planning to investigate cross-border crypto transfers by residents, focusing on banking channels to assess the volume of crypto-related operations. Russia‘s central bank will conduct an investigation into cross-border crypto transactions by residents in Q4 and… дальше »

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Navigating the Future of International Finance- Qubetics Transforms Cross-Border Payments

Cross-border payments have historically posed significant challenges for financial institutions and their clients. Conventional methods for transferring money internationally are often inefficient, marked by high fees and sluggish processing times. дальше »

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XRP Whales Double Down as UNITS 100X Growth Incoming

XRP has proven to be one of the most enduring tokens in the crypto scene. After cornering the market on cross-border transactions, it became a top-10 token by market cap and shows no signs of letting up. дальше »

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IntelMarkets may skip the queue to become bigger altcoin than Ripple and SUI blockchain

Ripple (XRP) leads in cross-border payments, SUI focuses on scalability, but IntelMarkets could rival them with 2,000% growth potential дальше »

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Franklin Templeton, Citigroup turn to Solana for next-gen financial services

Global financial giants Franklin Templeton and Citigroup have announced have announced plans to adopt the Solana blockchain for their upcoming financial services. Franklin Templeton, a $1. 4 trillion asset manager, plans to launch a mutual fund natively on Solana, while Wallstreet giant Citi is exploring the blockchain’s capabilities for smart contracts and cross-border money transfers. дальше »

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Circle introduces USDC in Brazil and Mexico via local payment systems

Circle's USDC integration in Brazil and Mexico could significantly enhance financial inclusion and streamline cross-border transactions in Latin America. The post Circle introduces USDC in Brazil and Mexico via local payment systems appeared first on Crypto Briefing. дальше »

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Russia to Regulate Cross-Border Crypto Payments by November

Russia legalizes cryptocurrency for foreign trade in an experimental phase. Full regulations are expected by November, with domestic use prohibited. The post Russia to Regulate Cross-Border Crypto Payments by November appeared first on BeInCrypto. дальше »

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XRP steady as Ripple boosts cross-border payments and co-founder backs Kamala Harris

Ripple (XRP) token is holding strong despite market downturns with recent developments including updates on Ripple’s cross-border payment solutions and key legal victories, bolstering investor confidence. дальше »

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Japanese banks to test cross-border stablecoin transfers via SWIFT

Japanese financial giants MUFG Bank, Mizuho Financial Group, and SMBC are set to test cross-border stablecoin transfers, leveraging SWIFT’s API. Three of Japan‘s largest financial institutions — Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo Mitsui Financial Group —… дальше »

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Major Japanese banks back stablecoin platform for cross-border settlements

The collaboration could significantly enhance global financial efficiency, reduce transaction costs, and promote stablecoin adoption in traditional finance. The post Major Japanese banks back stablecoin platform for cross-border settlements appeared first on Crypto Briefing. дальше »

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Ripple to launch smart contracts on XRP Ledger (XRPL), boosting DeFi capabilities and DApps

Prominent cross-border payments firm Ripple is set to introduce smart contracts to the XRP Ledger (XRPL). According to the announcement made by Team Ripple on September 2, this move aims to expand XRPL’s capabilities and attract developers, fostering the creation of new decentralized applications (DApps). дальше »

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Ripple Reveals How It Can Relieve SMEs of Cross-Border Payment Hurdles

Leading crypto solutions provider Ripple explains how it can help SMEs improve their transnational payments дальше »

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Russia Is About to Try Using Crypto to Get Around Sanctions

Russia will begin trialing cross-border crypto payments next week to try to circumvent international sanctions – but this effort may not work, several policy and legal experts told CoinDesk. дальше »

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India’s central bank proposes ‘plug-and-play’ CBDC framework for cross-border transactions

India's proposed CBDC framework could significantly enhance global financial integration and efficiency in cross-border transactions. The post India’s central bank proposes ‘plug-and-play’ CBDC framework for cross-border transactions appeared first on Crypto Briefing. дальше »

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Russia to test cross-border crypto payments in September - Reasons?

Russia's latest efforts to evade international sanctions involves crypto again Latest initiative and trials will use NPC system Russia is set to begin trials for cryptocurrency exchanges andThe post Russia to test cross-border crypto payments in September - Reasons? appeared first on AMBCrypto. дальше »

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Russia nears crypto exchange trials to bypass sanctions: report

Russia is said to begin trials of crypto exchanges and token transactions for cross-border payments to mitigate the impact of international sanctions. Russia appears to be days from starting trials of crypto exchanges and token transactions for cross-border deals in… дальше »

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Russia’s central bank set to legalize crypto for qualified investors

The Bank of Russia appears to be moving forward with plans to test cross-border crypto deals for qualified investors. Russia‘s central bank, the Bank of Russia, is considering amending the law to introduce a new category of “particularly qualified investors,”… дальше »

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Bitcoin Lightning Startup TMRW Raises $1.3 Million Funding

Bitcoin Lightning startup TMRW raised $1.3M to build a social, cross-border payment app leveraging Lightning's speed and low fees for remittances дальше »

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DBS pilots blockchain-based treasury tokens with Ant International

Singaporean financial giant DBS has launched a treasury token pilot with Ant International to improve cross-border treasury and liquidity management. DBS Group has initiated a blockchain-based pilot in collaboration with Ant International in a bid to streamline cross-border treasury and… дальше »

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Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger

The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services. дальше »

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Ripple Inching Closer to Stablecoin Release

Ripple has pitched its stablecoin for cross-border money transfers and payment services дальше »

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Russia mulls launching tokens backed by cenbank-owned gold: report

As sanctions keep biting, Russia is exploring gold-backed tokenized assets for cross-border trades, with plans for broader testing by year-end. Russian lawmakers are exploring the introduction of gold-backed tokenized assets, directly managed by the central bank, as a solution for… дальше »

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How Solana is transforming cross-border agricultural trade

AgriDex’s blockchain-based platform enabled a South African farm to complete a trade with a London importer, showcasing the benefits of onchain settlements. дальше »

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Blockchain settlement startup Partior raises $60m from Peak XV, Jump Trading

Cross-border blockchain-based settlement startup Partior has secured multi-million funding from a pool of investors to expand payment offerings. Singapore-based cross-border blockchain settlement startup Partior has raised $60 million in a Series B funding round led by Peak XV Partners (formerly… дальше »

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Russia contemplating permanently legalizing stablecoins for cross-border payments

The Russian government is contemplating the official legalization of stablecoins for international transactions to simplify cross-border payments for Russian companies amid ongoing sanctions, Izvestia reported on July 3, citing the Russian central bank. дальше »

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Lightspark Enables Institutions To Use The Bitcoin Lightning Network

Lightspark’s CTO Kevin Hurley is applying what he learned from working on Facebook’s Diem to enable more companies to harness the power of the Lightning Network, especially for cross-border payments. дальше »

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Russia’s central bank might legalize stablecoins for trades with China: report

The Bank of Russia is considering approving stablecoins for cross-border trades, as local businesses explore alternative methods to conduct trade with China amid sanctions. Russia‘s central bank, the Bank of Russia, is considering the legalization of stablecoins for cross-border transactions… дальше »

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Виталик Бутерин рассказал, как использовать криптовалюты в повседневной жизни

Обсуждая возможности цифровых активов в повседневной жизни, соучредитель Ethereum Виталик Бутерин допустил использование доказательств с нулевым разглашением (ZKP) и других блокчейн-технологий.  * zk reputation/identity/credentials* p2p cross-border payments (much lower fees and quickly improving UX this cycle)* decentralized social* prediction markets (actually usable this cycle)* privacy* enterprise apps via zk validiums* zk + censorship resistant voting — vitalik.eth […] дальше »

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$3 XRP Price Beckons As Ripple Pens Deal With Georgia’s Central Bank To Revolutionize Economy

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Tether invests over $18m in cross-border exchange startup XREX

Cross-border payments startup XREX has raised $18.75 million from Tether to expand use cases for USDT-based payments in emerging markets. XREX, a cross-border crypto exchange platform founded by Wayne Huang and Winston Hsiao, has raised nearly $19 million from Tether,… дальше »

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Tether announces $18M investment in XREX Group to boost crypto adoption and financial inclusion

Tether announced a strategic $18M investment in XREX, aiming to enhance cross-border payments and promote financial inclusion. The post Tether announces $18M investment in XREX Group to boost crypto adoption and financial inclusion appeared first on Crypto Briefing. дальше »

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Ripple’s fintech partner Nium cuts valuation by 30%

Singapore-headquartered cross-border payments firm Nium has raised $50 million in a new funding round, marking a 30% discount to its previous valuation. Ripple‘s payment partner Nium has cut its valuation by 30% in its latest $50 million Series E funding… дальше »

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Politics Meet Crypto: Ripple Joins The Fray Ahead Of US Presidential Elections In November 2024

As the US Presidential elections draw near, Ripple, a leading provider of cross-border payment and digital asset custody solutions, has announced a strategic initiative aimed at supporting the development and growth of the crypto industry. дальше »

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SEC Commissioner pitches safe space for digital securities experiment

Hester Pierce said her “sandbox” pitch would offer opportunities for cross-border collaborations between blockchain firms without fear of regulatory threats. дальше »

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Ripple (XRP) Price Surge on the Horizon? Multiple Technical and Fundamental Metrics Point to Major Upswing

Ripple’s XRP, the cryptocurrency designed for cross-border payments, appears poised for a major price rally, according to multiple technical and fundamental indicators circulating in the crypto community. дальше »

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Hester Peirce proposes for cross-border digital securities sandbox

SEC Commissioner Hester Peirce proposed a cross-border digital securities sandbox in response to a joint consultation by the Bank of England and the Financial Conduct Authority (FCA). The proposal aims to foster innovation and enhance regulatory oversight by allowing firms… дальше »

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Russia’s top metal producers reportedly turn to Tether for trades with China

Russia’s two largest unsanctioned metal producers have reportedly begun using Tether’s USDT stablecoin for cross-border transactions with Chinese clients and suppliers. Russian commodities giants have reportedly started using stablecoins to settle cross-border transactions with China as the U.S. Treasury Department… дальше »

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Cambodia’s central bank chief says digital currency will bolster local fiat

Cross-border QR code payments via Cambodia’s digital currency are poised to boost the use of the riel, according to central bank governor Chea Serey. The National Bank of Cambodia‘s new digital currency, Bakong, is poised to significantly boost the use… дальше »

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Standard Chartered Analyst Says Bitcoin Is Set For A New ATH Above $73,700, You Won’t Believe The Timeline

Analysts from leading international cross-border bank, Standard Chartered have made a bold prediction that Bitcoin could witness a significant rise to new all-time highs above $73,700. This projection, slightly higher than the cryptocurrency’s previous peak, comes with an unexpected and wholly ambitious timeline. дальше »

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Hong Kong Enables Digital Yuan for Local Commerce, Restricts Cross-Border Use

Hong Kong has adopted China's digital yuan for local retail transactions. There will be limits on transactions and balances to ensure controlled use. The post Hong Kong Enables Digital Yuan for Local Commerce, Restricts Cross-Border Use appeared first on BeInCrypto. дальше »

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Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers. дальше »

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VELO Token Skyrockets 358%, Dubbed ‘XRP of Southeast Asia’

VELO, recognized as the "XRP of Southeast Asia," has seen a significant surge, with a 358% increase in value and enhancements in cross-border payments through smart contracts. The post VELO Token Skyrockets 358%, Dubbed ‘XRP of Southeast Asia’ appeared first on BeInCrypto. дальше »

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The $1,000 XRP Price Dream — How Ripple’s Solution For $300 Trillion Cross-Border Payments Could Propel It

This bold projection isn't just a shot in the dark; it's rooted in a detailed analysis of XRP's role in cross-border payments, particularly through Ripple's innovative On-Demand Liquidity product. дальше »

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BRICS considering a stablecoin launch for international trade settlement

BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, India, South Africa, UAE, Iran, Ethiopia, and Egypt, has debated using virtual assets for global settlement for a while. дальше »

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IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability

Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF). The report — called “A Primer on Bitcoin Cross-Border Flows” — sheds light on how the decentralized nature of Bitcoin is being leveraged to bypass traditional banking […] The post IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability appeared first on CryptoSlate. дальше »

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Bitcoin has transformed cross-border transactions, IMF study notes

Bitcoin's has been transforming traditional economic paradigms, and this transformation has opened it to both interest and scrutiny. The post Bitcoin has transformed cross-border transactions, IMF study notes appeared first on Crypto Briefing. дальше »

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Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein

Solana is leading the field in blockchain payments, but the network has scalability issues, the report said. дальше »

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