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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.
Banking on crypto: How far should regulators go?
Such is the volatile nature of cryptocurrencies that the market can all too easily enter one of its periodic downturns — what’s referred to as a “crypto winter.” This happened... read more
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UNCTAD wants action to curb cryptocurrencies in developing countries
Global use of cryptocurrencies has increased exponentially during the COVID-19 pandemic, including in developing countries. While these private digital currencies have rewarded some, and facilitate remittances, they are an unstable... read more
The post UNCTAD wants action to curb cryptocurrencies in developing countries appeared first on Payments Cards & Mobile.
One-third of UK shoppers plan to use crypto as a form of payment in 2022
Demystifying Crypto – Shedding light on the adoption of digital currencies for payments in 2022 is a new report, pointing to increasingly positive trends in the adoption of cryptocurrencies for... read more
The post One-third of UK shoppers plan to use crypto as a form of payment in 2022 appeared first on Payments Cards & Mobile.
BIS ramps up Project Dunbar multi country cross-border CBDC transactions
The Bank for International Settlements (BIS) and four central banks will test the use of CBDC for cross-border transactions, as global regulators seek to improve the speed and movement of... read more
The post BIS ramps up Project Dunbar multi country cross-border CBDC transactions appeared first on Payments Cards & Mobile.
