Cross-border Payments
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The US House of Representatives proposed legislation on stable currency: What does it mean for the industry?
According to reports, Republicans in the US House of Representatives have proposed a new draft of stable currency legislation that will deprive the agency of jurisdiction over the
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RippleNet’s XRP Processes Nearly 20 Million Transactions Worth $30 Billion
On April 22nd, in a recent report, financial technology company Ripple revealed that since its launch, its global proprietary payment solution driven by XRP, RippleNet, has process
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Universal Monetary Unit (UMU) – A Game-Changer In The World of Cross-Border Payments
According to reports, at the Spring 2023 meeting of the International Monetary Fund (IMF), the Digital Currency and Financial Authority (DCMA) announced the official launch of the
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Hong Kong Intensifying Its Efforts To Develop Central Bank Digital Currency e-HKD in 2021
On April 18th, sources reported that Hong Kong is intensifying its efforts to develop its own central bank digital currency e-HKD this year. Regulatory authorities have deployed th
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The Rise of Digital Renminbi: A Look into China’s Pilot Projects
According to reports, recent pilot projects for digital renminbi have continued to advance, including specific plans launched in multiple pilot areas such as Jiangsu, Shenzhen, and
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Data Shows XRP Increased by 26% in the Past Week and Trading Volume Soared to Billions of Dollars
According to reports, data shows that XRP has increased by 26% in the past week, and XRP\’s trading volume has soared to billions of dollars in UpBit, Bithumb, and Korbit, the three
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Zebedee’s Upgrade to Lightning Network for Fast and Affordable Cross-Border Payments
According to reports, digital payment processor Zebedee has announced an upgrade of its platform to utilize Bitcoin\’s lightning network to achieve fast, secure, and low-cost cross-
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Ripple Announces Two-Year Partnership with GOSH Charity in the UK
It is reported that Ripple has announced the establishment of a new two-year partnership with Great Ormond Street Hospital Children\’s Charity (GOSH Charity). Ripple will donate fun
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Flutterwave Acquires Licenses to Expand Its Business in East Africa
According to reports, the Nigerian financial technology giant Flutterwave has announced that it has obtained two additional licenses in Rwanda, which will help it expand its busine
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Arf Launches Unsecured Short-Term Financing Solution for Licensed Financial Institutions Using USDC
On March 21, the global settlement banking platform Arf launched an unsecured short-term working capital financing solution based on USDC for licensed financial institutions, and p
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Ejara Completes Round A Financing: Accelerating Financial Solutions with Blockchain
It is reported that the DeFi service platform Ejara, which aims to improve financial solutions through blockchain, has announced the completion of a round A financing, with the spe
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Swift’s CBDC Sandbox and Collaboration Key to Cross-border Transactions
According to reports, Yang Wen, president of Swift China, said in an interview that CBDC was regarded as the next generation currency with great potential in c…