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How Ripple-Backed Bitso Plans to Expand Cross-Border Crypto Remittance Services in Latin America

How Ripple-Backed Bitso Plans to Expand Cross-Border Crypto Remittance Services in Latin America

Ripple-backed crypto exchange Bitso announced that it will expand its cross-border crypto remittance services in Latin America through a $62 million investment.

China Looking into the Application of Blockchain and AI for Cross-Border Financing

China Looking into the Application of Blockchain and AI for Cross-Border Financing

China is researching the application of blockchain technology and artificial intelligence in cross-border financing, focusing on risk management.

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances

Orient Commercial Joint Stock Bank (OCB), a large Vietnamese bank with assets worth $4.6 billion, has joined RippleNet as a strategic partner after a 10-month wait.

Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China

Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China

Standard Chartered has made a milestone by completing its first cross-blockchain trade finance pilot transaction between Hong Kong and China.

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

The Italian Banking Association, Associazione Bancaria Italiana (ABI) has decided to participate in projects and experimentations of a European central bank digital currency, recently known as the digital euro.

Blockchain Application in Healthcare to Cross $500 Million by 2022

Blockchain Application in Healthcare to Cross $500 Million by 2022

Frost & Sullivan, a world-renowned firm that offers insights on disruptive technologies and economic changes, has revealed an analysis dubbed ‘Global Blockchain Technology Market in the Healthcare Industry, 2018-2022’ that blockchain investment is expected to surpass $500 million by 2022.

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.

Chinese City Tests Blockchain-Powered Cross-Border Financial Platform

Chinese City Tests Blockchain-Powered Cross-Border Financial Platform

Nanning, a Southern Chinese City, located in Guangxi Region, has experimented with a blockchain-enabled cross-border financial platform.

Bitcoin Community Helps in Setting Up Italian Red Cross Medical Center to Fight Coronavirus

Bitcoin Community Helps in Setting Up Italian Red Cross Medical Center to Fight Coronavirus

The Bitcoin community has funded a noble cause of establishing the second level Advanced Medical Post (AMP) belonging to the Italian Red Cross as it will be instrumental in saving lives in Italy amid the coronavirus (COVID-19) pandemic. The epidemic has hit Italy hard as it has recorded more than 132,000 cases and at least 16,000 deaths.

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

According to Juniper Research, blockchain-enabled B2B cross-border payments will be more than $4.4 trillion by 2024. This will be a substantial rise from the current $171 billion.

Uniswap (UNI) Price Recovers From Recent Sell-Off While the Rest of the Crypto Market is Still in the Red

Uniswap (UNI) Price Recovers From Recent Sell-Off While the Rest of the Crypto Market is Still in the Red

While the rest of the cryptocurrency market has been plunging, Uniswap’s UNI token has fallen in tandem with the rest of the market.

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