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Ant Financial fights back from MoneyGram disappointment with rival blockchain remittance service
After the disappointment of US regulators blocking its purchase of MoneyGram, Ant Financial has taken a step towards dramatically lowering the cost of remitting money overseas in a move that... more
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Ripple and Swift in arm wrestle over cross-border payments supremacy
It would appear that a new rivalry is raging that looks set to decide how cross-border payments are handled for decades to come. It is a contest that encapsulates much... more
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South Africa’s Central Bank says Blockchain payment trial successful
SARB, South Africa’s central bank has revealed astonishing results for a trial of its blockchain-based system for interbank clearance and settlement. According to a statement, SARB said it completed a 14-week... more
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Dark Web: $1.1 billion cryptocurrency thefts during past six months
Cryptocurrency. A decade ago, names such as Bitcoin, Dash, Ethereum, and Monero were merely buzzwords. Fast forward to today, and they’ve become as recognisable as the US dollar and the... more
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Project Inthanon: Thai Central Bank to issue digital currency
Thailand’s central bank chief has confirmed research into Project Inthanon, and a number of blockchain applications in banking, involving a central bank digital currency used for interbank settlements. In a... more
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