Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements
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US Company Settles Salvadoran Coffee Purchase With Bitcoin
According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using
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Bilateral Settlement Between China and Russia Worsens Due to New Sanctions
The payment flow between China and Russia is being disrupted once again due to the enactment of a new package of sanctions that includes 46
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JP MORGAN DEBUTS A BIG DAY FOR MAINSTREAM BLOCKCHAIN ADOPTION
JP Morgan’s tokenized collateral platform achieves its inaugural live settlement with the participation of BlackRock and Barclays. Continue reading on liveplex »
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Dutch ING Bank Analysts: BRICS Expansion to Power De-Dollarization Across World Economies
Analysts of ING bank believe the de-dollarization trend that has been growing in the world might pick up momentum due to the possible expansion of
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Mbridge Project Has Observers Worried About Advances of the Digital Yuan
The Mbridge project, a central bank digital currency (CBDC) international payment system, is starting to worry observers. Such a system, when completed, could ostensibly allow
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