Russia Is About to Try Using Crypto to Get Around Sanctions
Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.
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Aug 30, 2024 at 7:20 a.m. UTC
Aug 30, 2024
Cross-Border Payments
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Fireblocks, Zodia Markets Partner to Improve Cross-Border Payments
The two crypto firms are attempting to improve cross-border payments via stablecoins for large corporations and institutions.
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Mar 14, 2024 at 9:00 a.m. UTC
Mar 14, 2024
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IMF Official Presents Blueprint for Cross-Border CBDCs
The organization wants to help cut the cost of cross-border transactions without abandoning compliance checks or capital controls, Tobias Adrian, director of IMF’s monetary an...
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Jun 19, 2023 at 1:00 p.m. UTC
Jun 19, 2023
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France, Switzerland, Singapore to Test DeFi in Forex Markets
The countries' central banks started Project Mariana because they think decentralization could be the future of finance.
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Nov 2, 2022 at 9:12 a.m. UTC
Nov 2, 2022
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Stablecorp CEO: 'It's Time to Build the Boring Stuff'
Stablecorp aims to reduce cross-border payment friction using bank-grade blockchain technology. CEO Alex McDougall discusses whether TradFi players are interested in working w...
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Oct 14, 2022 at 3:10 p.m. UTC
Oct 14, 2022
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Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stabi...
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Oct 10, 2022 at 8:00 a.m. UTC
Oct 10, 2022
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Landmark International CBDC Test Deemed Success, BIS Says
Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said
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Sep 27, 2022 at 4:25 p.m. UTC
Sep 27, 2022
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New Global CBDC Platform Could Cut Payment Costs, IMF Says
The International Monetary Fund remains skeptical about a private system, but is pushing for new ideas on state-backed digital currencies.
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Sep 1, 2022 at 4:00 p.m. UTC
Sep 1, 2022
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Bitcoin, Stablecoins the Worst Options for Cross-Border Payments, ECB Study Says
A senior central banker said state-backed digital currencies would be quicker and cheaper.
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Aug 2, 2022 at 12:41 p.m. UTC
Aug 2, 2022
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BIS Study: Regulate Ledgers, Not Individual Crypto Providers
According to a working paper produced for the Bank for International Settlements (BIS), using distributed-ledger technology (DLT) to cut the cost of cross-border payments requ...
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May 20, 2022 at 6:29 p.m. UTC
May 20, 2022