Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments
The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediari...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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Ripple And Arf Target The Short Funding Gap Behind Cross-Border Payments
A payment can move across a blockchain in seconds while the company delivering it remains short of cash for days. Ripple’s new arr...
Chainlink And LG CNS Target South Korean Banks With Digital Asset Infrastructure Deal
TL;DR: Chainlink and LG CNS are partnering on oracle and cross-chain infrastructure aimed at South Korea’s financial institutions;...
Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving Ripple, Visa and Mastercard
Malaysia and Thailand have joined Singapore's BLOOM initiative for cross-border stablecoin and tokenized deposit settlement.
Ripple Study Finds Banks Could Unlock $100M Beyond Crypto Custody
Digital asset services and custody choices could improve a regional bank’s financial results by up to $100 million, according to r...
Bloomberg Adds Basel Crypto Exposure Classification For Banks And Asset Managers
TL;DR: Bloomberg has expanded its crypto analytics to classify bank exposure under Basel standards, including indirect holdings hi...
HSBC Launches First Stablecoin, Bringing Hong Kong Dollar Payments to 3.3M Users
HSBC has launched its first stablecoin, a Hong Kong dollar-backed digital currency designed for everyday payments, marking a signi...