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Russia and Iran consider stablecoin for cross-border trade settlement
Local Russian news outlets are reporting that Russia and Iran are considering a stablecoin collaboration to skirt financial and economic restrictions imposed by the US, EU, UK and other countries,... read more
The post Russia and Iran consider stablecoin for cross-border trade settlement appeared first on Payments Cards & Mobile.
New European Parliament legislation for banks on crypto seen as “prohibitive”
The Economic and Monetary Affairs Committee, part of the European Parliament, has voted to impose strict restrictions on banks seeking to hold crypto. Banks will have to treat crypto as... read more
The post New European Parliament legislation for banks on crypto seen as “prohibitive” appeared first on Payments Cards & Mobile.
A week in cryptocurrency – Highs…Lows
This week has, as usual, been rich in cryptocurrency news. FTX is way down the rankings but the mood out there is still on a knife edge. As per an... read more
The post A week in cryptocurrency – Highs…Lows appeared first on Payments Cards & Mobile.
The Universal Digital Payments Network launches at WEF
An interesting announcement relating to the payments industry has materialised from the World Economic Forum by the name of The Universal Digital Payments Network (UDPN). The UDPN was launched to... read more
The post The Universal Digital Payments Network launches at WEF appeared first on Payments Cards & Mobile.
UK Government focuses in of Digital Pound CBDC
The EU has set out the world’s first comprehensive set of rules for regulating crypto markets in its MiCA regulation. They are due to receive final approval in the coming... read more
The post UK Government focuses in of Digital Pound CBDC appeared first on Payments Cards & Mobile.
