Tag: cross-border payments

China has formally extended its cryptocurrency prohibition to cover renminbi-pegged stablecoins and tokenized real-world assets, with new guidance from the People's Bank of China and the China Securities Regulatory Commission ...

UAE digital bank Zand has partnered with Ripple to deploy a dual-stablecoin infrastructure for institutional payments and settlements, combining Zand's dirham-backed AEDZ token with Ripple's dollar-backed RLUSD to enable regulated ...

Visa is expanding its stablecoin settlement capabilities through a new advisory practice and broader support for USDC, positioning itself to capture blockchain-based payment flows as digital dollar volumes grow and ...

A mandatory global banking standard taking effect in November 2026 could accelerate blockchain adoption by forcing financial institutions to overhaul legacy payment systems, according to analysis from financial intelligence firm ...

HSBC, Swift and Ant International completed a pilot program Thursday enabling real-time cross-border transfers of tokenized bank deposits between Singapore and Hong Kong. The proof of concept tested how blockchain ...

Singapore's Monetary Authority granted Ripple an expanded Major Payment Institution license Monday, allowing the blockchain payments firm to offer broader institutional cross-border payment services across the Asia-Pacific region. The approval, ...

Crypto protocol Frax and AI agent platform IQ have announced the launch of won-pegged KRWQ, the first fully-backed South Korean won stablecoin to debut on the Base blockchain as a ...

Circle, the issuer of the USDC stablecoin, has officially launched the Arc blockchain testnet, a public pilot of its open layer-1 network designed to integrate global financial systems onchain. The ...

Ten African nations have enacted comprehensive digital asset laws. Ghana will become the eleventh by December. Meanwhile, the United States still can't decide if Ethereum is a security. Between July ...

Crypto.com will launch a KRW-pegged stablecoin and co-branded prepaid card through a partnership with South Korean fintech Travel Wallet, which handles $4.3 billion in transactions for over 8 million customers. ...