cross-border payments
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Ripple Buys $11 Billion in XRP Amidst SEC Lawsuit: What You Need to Know
According to reports, data shows that Ripple has purchased nearly $11 billion worth of XRP since being sued by the US Securities and Exchange Commission (SEC). According to the com
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Ripple’s Q1 2023 Report Shows Record Sales and XRPLedger Traffic
On April 28th, Ripple reported in its first quarter report that the total sales of XRP in the first quarter of 2023 (excluding purchases) were $3610.6 million, compared to $2263.1
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Ripple’s XMM and Ecwid: A Partnership Shaping the Future of E-Commerce
On April 26th, it was announced that Ripple\’s ecological payment solution, Xmm, has recently integrated the e-commerce platform Ecwid through Lightspeed. This c
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Russia Develops a New Alternative Payment System: What You Need to Know
According to reports, Russian Finance Minister Anton Siluanov has stated that Russia will launch an alternative payment system based on modern technology (digit
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Digital RMB Cross-border Consumption Carnival: A New Era in Payment Methods
On April 22nd, according to a report released by Shenzhen, Luohu District has launched a digital RMB cross-border consumption carnival event, covering multiple
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Introducing the Universal Monetary Unit (UMU): A New Era for 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 off
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Swedish Central Bank Releases Report on Third Phase of CBDC Experiment
According to reports, the Swedish central bank has released a report on the third phase of the Central Bank Digital Currency (CBDC) experiment, which involves t
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Strengthening Supervision of Digital Finance: Insights from Vice President Xuan Changneng
According to reports, Vice President Xuan Changneng of the People\’s Bank of China called for strengthening the supervision of digital finance at a panel meeting
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Blockchain infrastructure solution TradeWindow completed strategic equity financing of $7 million
It is reported that TradeWindow, a blockchain infrastructure solution, has completed a US $7 million strategic equity financing with nChain participating. After
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XRP Trading Volume Soars to Billions of Dollars on South Korean Exchanges
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, a
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Zebedee Launches Bitcoin Flash Network Cross-border Payment Function
According to reports, digital payment processor Zebedee has announced an upgrade of its platform to utilize Bitcoin\’s lightning network to achieve fast, secure,
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Global Settlement Bank Platform Arf Launches USDC Unsecured Short Term Financing Scheme for Licensed Financial Institutions
On March 21, the global settlement banking platform Arf launched an unsecured short-term working capital financing solution based on USDC for licensed financial
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Central Bank Digital Currency: The Future of Transactions
On March 14, according to Juniper Research, the total annual value of transactions using the Central Bank Digital Currency (CBDC) will increase from US $100 mil
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Promotion of Financial Technology Infrastructure projects in Hong Kong
It is reported that Chen Maobo, the Secretary for Finance of the Hong Kong SAR Government, said in his speech on the 2023-2024 fiscal budget of the SAR Governm…
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Chipper Cash downsizes by 12.5% and another 30%, sheds jobs in multiple departments
On February 20, Chipper Cash, an African cross-border payment platform, laid off 12.5% of its staff ten weeks ago, and nearly one third (about 100) of its staf…
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Central Bank of UAE Launches First Financial Infrastructure Transformation (FIT) Plan with Digital Currency
On February 13, the Central Bank of the United Arab Emirates (CBUAE) planned to launch a central bank digital currency for cross-border and domestic use as par…