
Cross-border Payments
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...
Russia’s Finance Ministry eyes collaboration with other countries on stablecoin settlement platform
To counter sanctions, Russia is looking to set up a stablecoin platform with help from allies to settle cross-border payments,...
Russia reconsiders stance on use of digital assets after past prohibitions
Following a barrage of sanctions and an ongoing row with the West, Russia is reportedly seeking to diversify its payment...
China and Hong Kong working on digital yuan cross-border payments
Hong Kong’s central bank has been working with China’s digital currency institute to trial the use of the digital yuan...
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