Kremlin Reveals Plans to Create a “Politics-Free” BRICS Blockchain-Based Payments System
Yury Ushakov, an aide of Russian president Vladimir Putin, revealed plans to create a digital blockchain cost system for the BRICS bloc. Ushakov remarked that...
BRICS Countries Can Use India’s UPI Instant Payment System, Prime Minister Modi Suggests
Member states of the BRICS bloc can observe the instance of different nations and begin utilizing India’s Unified Payments Interface (UPI) system, based on Prime...
Going Crypto Makes Sense for Elon Musk’s X
While X, the platform previously referred to as Twitter, has made a flip to share a few of its earnings with its customers, the shortage...
Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments
Custodia Bank, the monetary establishment that goals to bridge digital belongings with the U.S. greenback cost system, is now stay. Last month, Custodia began serving...
Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation
The central banks of Egypt and Nigeria have signed a fintech settlement to deepen the 2 establishments’ “cross-border regulatory collaboration” and data sharing. The London...
Is Fednow the First Step Towards a Central Bank Digital Currency? Speculations Rise Ahead of Launch
In current days, there was a buzz surrounding the upcoming debut of the U.S. Federal Reserve’s Fednow challenge, slated for July 1, 2023. The discussions...
China, Russia Urged to Speed Up Creation of ‘Cutting Edge’ Payment Infrastructure for BRICS and SCO Currencies
The chairman of Russia’s nationwide financial improvement establishment VEB.RF has urged China and Russia to hurry up the institution of a brand new, “cutting-edge” fee...
Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says
The Russian Federation is collaborating with companions to hyperlink fee programs various to the interbank messaging system SWIFT, a consultant of the nation’s Ministry of...
‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network
The U.S. Central Bank has issued an replace relating to the Federal Reserve’s Fednow venture, which is scheduled to start in July. The Fed has...
Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure
Seven months in the past, present Twitter proprietor Elon Musk stated, previous to buying the social media big, he would combine cryptocurrency funds. According to...