Bitcoin News
Crypto isn’t fixing the remittance travesty — but it could: Opinion
Blockchain technology has the potential to slash transaction fees, speed up money transfers and lift up the world’s poor. Why aren't we doing that yet?
Egor Danilov
Lens
Cross-border
-
-
Economic Impacts
Why the cloud will be critical to US competitiveness in world finance
The future global financial system will be reliant on the cloud, especially when it comes to CBDCs and stablecoins, writes Michael Greenwald and Logan Weber.
Michael B. Greenwald
-
Altcoins
Shenzhen leads China in cross-border CBDC transactions: report
Companies in Shenzhen in mainland China made up one-third of the transaction volume in a cross-border central bank digital currency (CBDC) bridge pilot project, according to a report by Chinese media outlet 21Caijing, citing Shenzhen’s local financial authority. See related article: Australia Senator proposes regulating Chinese banks in country using e-CNY Fast facts See related […]
Ningwei Qin
-
Regulation
Singapore eyes blockchain-based payment systems for faster cross-border transactions
The Monetary Authority of Singapore is exploring blockchain-based payments solution to solve the challenges in cross-border transactions. See related article: Singapore warms up to crypto industry — on its own terms Fast facts The current state of cross-border payments “is slow, costly, opaque, and inefficient, relying on an archaic network of correspondent banks,” Ravi Menon, […]
Pradipta Mukherjee
-
Regulation
3 reasons crypto will spring back after Crypto Winter
The crypto market has been down for months, but the industry’s long-term future is brighter than ever, writes Guilhem Chaumont of Flowdesk. Here’s why.
Guilhem Chaumont
-
Bitcoin News
Sweden’s central bank to test use of retail CBDC for instant payments
Sveriges Riksbank, Sweden’s central bank, is teaming up with peers in Israel and Norway and the Bank for International Settlements (BIS) to test instant payments via retail cross-border central bank digital currency (CBDC), according to a press release on Wednesday. See related article: Warnings on crypto, Bitcoin have materialized, says central bank body BIS Fast […]
Ningwei Qin
-
Advanced Blockchain Technologies
Blockchain can transform international trade, but big hurdles remain
Blockchain can save time, money and reams of paperwork, writes Tim Bailey of Red Date Technology. But its future in global trade remains uncertain.
Tim Bailey
-
Bitcoin News
China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center
Upcoming digital yuan trial to piggyback on Hong Kong’s popular Faster Payment System for smoother cross-border transactions.
Timmy Shen
-
DeFi Innovations
Shinhan, Standard banks demo cross-border stablecoin remittance
The transaction, using the Hedera Consensus Service network, bypasses intermediaries, lowering fees.
Danny Park
-
Regulation
Reserve Bank of Australia considers wholesale digital dollar
Interest in cryptocurrency is being driven in part by ultra-low interest rates, Reserve Bank of Australia assistant governor Michele Bullock has said, while indicating the RBA is considering the creation of a central bank digital currency (CBDC) for use in wholesale markets, according to the Australian Financial Review. Fast facts Speaking at a Women in […]
Lachlan Keller
