Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy
Read more
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western
Read more
Blockchain: The Game-Changer for Cross-Border Remittance and Financial Inclusion
Imagine a world where sending money across borders is as simple as sending an email. Where fees are so low they’re practically nonexistent… Continue reading
Read more
BIS Survey: 94% of Central Banks Exploring Digital Currency
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a
Read more
Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin
Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX
Read morePrivate firms to join global central bank CBDC project
As Project mBridge enters its MVP phase, BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase
Read more