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Business

Rosbank to allow use of digital currencies in settling cross-border transactions
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11 June, 2023

Rosbank to allow use of digital currencies in settling cross-border transactions

Russia pushes ahead with using digital currencies amid economic sanctions, with Rosbank devising plans to use them as cross-border transactions...
Bank of Israel explores options to boost adoption of proposed digital shekel
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11 June, 2023

Bank of Israel explores options to boost adoption of proposed digital shekel

The Bank of Israel laid out several initiatives to trigger mass adoption of its digital shekel, including using the CBDC...
JPMorgan launches blockchain platform pilot to settle dollar transactions in India
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11 June, 2023

JPMorgan launches blockchain platform pilot to settle dollar transactions in India

JPMorgan launches an ambitious dollar pilot project in India's GIFT City with local financial institutions, an initiative utilizing blockchain to...
MUFG to onboard Japanese banks on its stablecoin issuance platform
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11 June, 2023

MUFG to onboard Japanese banks on its stablecoin issuance platform

MUFG revealed that it would collaborate with blockchain infrastructure providers TOKI and Datachain to create a bridge to facilitate cross-chain...
Brazil: Mercado Bitcoin secures payment provider license amid plans to diversify
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11 June, 2023

Brazil: Mercado Bitcoin secures payment provider license amid plans to diversify

Brazil opened a pathway to diversify its financial services after the central bank granted Mercado Bitcoin a payment provider license,...
Standard Chartered, PwC see potential for programmable CBDCs in China’s Greater Bay Area
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10 June, 2023

Standard Chartered, PwC see potential for programmable CBDCs in China’s Greater Bay Area

The "Co-creating the future ecosystem with Central Bank Digital Currencies" white paper notes that China's Greater Bay Area is prime...
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