
Cross-border Payments
Tokenization of cards witnessing large-scale adoption in India: RBI
The Reserve Bank of India's Payment System Report pointed out that tokenization involves replacing card details with a unique code...
Thailand’s first stablecoin, UAE’s DAO regulations
Elsewhere, Singapore’s largest bank, DBS, has launched real-time blockchain payment settlements powered by smart contracts on its permissioned blockchain.
Russia: New law greenlights digital assets use for cross-border payments
The provisions of the newly minted law reveal that only tokenized assets issued by the Bank of Russia are authorized...
African central banks discuss CBDCs for cross-border payment
Thirteen central banks met in Kenya recently to discuss the impact of CBDCs on cross-border payments while still ensuring AML...
Bank for International Settlement wraps up mBridge cross-border CBDC pilot
A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
Russia approves digital assets for international payments with strict rules against money laundering
The use of digital assets in foreign transactions is set in stone, with Russia assuring that the move aligns with...
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