Cross-Border Payments


Policy

Russia Is About to Try Using Crypto to Get Around Sanctions

Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.

16:9 Crop: Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Finance

Fireblocks, Zodia Markets Partner to Improve Cross-Border Payments

The two crypto firms are attempting to improve cross-border payments via stablecoins for large corporations and institutions.

A user tracks charts on an tablet with a keyboard and larger monitor in the background.

Policy

IMF Official Presents Blueprint for Cross-Border CBDCs

The organization wants to help cut the cost of cross-border transactions without abandoning compliance checks or capital controls, Tobias Adrian, director of IMF’s monetary and capital markets department said.

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

Policy

France, Switzerland, Singapore to Test DeFi in Forex Markets

The countries' central banks started Project Mariana because they think decentralization could be the future of finance.

Singapore's central bank is among those testing DeFi for foreign exchange markets. (seng chye teo/Getty Images)

Videos

Stablecorp CEO: 'It's Time to Build the Boring Stuff'

Stablecorp aims to reduce cross-border payment friction using bank-grade blockchain technology. CEO Alex McDougall discusses whether TradFi players are interested in working with crypto for cross-border payments during a bear market, saying, "It's up to us as an industry right now to build those types of solutions ... it's time to build the boring stuff."

Recent Videos

Policy

Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog

The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report.

Dutch Central Bank President and Financial Stability Board head Klaas Knot (Horacio Villalobos/Corbis/Getty Images)

Policy

Landmark International CBDC Test Deemed Success, BIS Says

Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said

(Twenty47studio/Getty Images)

Policy

New Global CBDC Platform Could Cut Payment Costs, IMF Says

The International Monetary Fund remains skeptical about a private system, but is pushing for new ideas on state-backed digital currencies.

Autoridades del FMI quieren facilitar pagos transfronterizos a través de CBDCs. (William Potter/Getty Images)

Policy

Bitcoin, Stablecoins the Worst Options for Cross-Border Payments, ECB Study Says

A senior central banker said state-backed digital currencies would be quicker and cheaper.

CBDCs would be better than bitcoin or stablecoins at speeding up cross-border payments, a European Central Bank study says. (Raimund Linke/Getty Images)

Videos

BIS Study: Regulate Ledgers, Not Individual Crypto Providers

According to a working paper produced for the Bank for International Settlements (BIS), using distributed-ledger technology (DLT) to cut the cost of cross-border payments requires regulators to stop looking at individual nodes and start looking at the distributed system as a whole. "The Hash" team discusses the regulatory perspective of DLT-based enhancement of cross-border payments.

Recent Videos

Pageof 4