Cross-Border Payments

CDCROP: Aerial View of Singapore skyline (Getty Images)
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.
CDCROP: Aerial View of Singapore skyline (Getty Images)

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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 Mc Dougall discusses whether Trad Fi players are interested in working with crypto for cross border payments during a bear market saying It's up to us as an industry right now to build those types of solutions it's time to [...]
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CDCROP: The Governor of The Netherlands Bank Klaas Knot during the afternoon informal meeting of Eurogroup and ECOFIN in Centro Cultural de Belém (Horacio Villalobos#Corbis/Getty Images)
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 Stability Board report.
CDCROP: The Governor of The Netherlands Bank Klaas Knot during the afternoon informal meeting of Eurogroup and ECOFIN in Centro Cultural de Belém (Horacio Villalobos#Corbis/Getty Images)

CDCROP: Asian currency money cash dollar bills (Twenty47studio/Getty Images)
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
CDCROP: Asian currency money cash dollar bills (Twenty47studio/Getty Images)

Paper banknotes from around the world
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.
Paper banknotes from around the world

Euro symbol at European Central Bank
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.
Euro symbol at European Central Bank

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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 requires regulators to stop looking at individual nodes and start looking at the distributed system as a whole The Hash team discusses the regulatory perspective of DLT based enhancement [...]
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Global communication network (Yuichiro Chino/Getty Images)
Regulate Ledgers and Not Individual Crypto Providers, BIS Study Says
To make cross-border payments easier, you need to change your whole way of thinking, the authors of the BIS study found.
Global communication network (Yuichiro Chino/Getty Images)

(Patrick Meinhardt/Bloomberg via Getty Images)
Why Russian Sanctions Could Push Corporations Towards Crypto
The sudden disconnection of Russia from the global financial system is a moment for reflection. But economic fragmentation has a cost.
(Patrick Meinhardt/Bloomberg via Getty Images)

Fed Chair Jerome Powell (Samuel Corum/Bloomberg via Getty Images)
NY Fed Launches Fintech Research Wing With BIS Help
The NYIC will be led by PwC alum Per von Zelowitz, who joined the New York Fed in July.
Fed Chair Jerome Powell (Samuel Corum/Bloomberg via Getty Images)