international payments
Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption
Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX
Japan Accelerates Digital Yen Plans Amidst Global CBDC Race
Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy.
Bank for International Settlements Reveals Findings on Central Bank Digital Currencies
The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.
Libra Adds New Nonprofit Member Heifer International to Tackle World Hunger and Poverty After Enduring Months of Regulatory Scrutiny
The Libra Association has welcomed a new member, Heifer International, a nonprofit organization aimed to tackle world hunger and poverty. The addition of Heifer International brings the tally of members in the Libra Association to twenty-three.
How Does Cryptocurrency Regulation News Affect the Bitcoin Price? Bank Of International Settlements Research Reveals
New research conducted on behalf of the Bank for International Settlements indicates that contrary to popular belief, the Bitcoin price and other cryptocurrency prices respond very positively to news of coming regulations,when they are clear.
US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware
The US Department of Justice has led international efforts that have seen half a million dollars in cryptocurrency seized from the NetWalker ransomware group.
ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge
Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).
MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report
The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.
Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network
With A1 Telekom’s move to accept Bitcoin and other digital currencies as a means of payment, Austrians now have more options in digital transaction payments
Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments
Ripple’s third annual Blockchain in Payments report identified that blockchain adoption is key to successful growth strategies for financial institutions.
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.
Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments
Stellar CEO Denelle Dixon is slated to take part in the IMF's annual meeting today, to discuss the private-sector’s role in addressing the limitations of cross-border payments.
Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week
Federal Reserve Chairman Jerome Powell will be speaking to the International Monetary Fund (IMF) next week as part of a panel on cross-border digital payments.