#cross -border translations

Companies in the Russian Federation are already conducting cross -border calculations using cryptocurrencies, although the regulation of such transactions has not yet earned.

In Russia, they allowed lifting restrictions on international calculations in cryptocurrencies

The Ministry of Finance of the Russian Federation wants to resolve international cryptocurrency calculations for any industries without restrictions.

Russia proposed to introduce cryptocurrencies to the Civil Code

Russia offers to legitimize cross -border cryptocurrency operations in 2023, but this will require changes in the Civil Code.

The British payment company will expand business in Latin America with RipPlenet

The Paydek payment company from the UK uses technology from the Ripple Finnich Technology to accelerate cross-border translations to Latin America.

China predicted the appearance of a global network for mobile payments based on digital yuan

China intends to create an international clearing and settlement network for mobile payments using a digital yuan. This was written by Coindesk with reference to “Jenmin Zibao”.

US congressmen were worried about the lag behind China in the development of CBDC

Members of the Committee of the House of Representatives for National Security, International Development and Monetary Policy of the US Congress were concerned about China’s leadership of the National Digital Currency (CBDC). About this writes The Block.

SBI Holdings and Hamamatsu Iwata use Ripple technologies for cross -border translations

SBI REMIT, a subsidiary of the Japanese financial giant SBI Holdings, in partnership with Hamamatsu Iwata, will launch the service of international money transfers based on RipPlenet.

Ripple became a partner of the largest bank of Egypt

The National Bank of Egypt (NBE) has connected to the Global Payment Network Ripplenet to increase the efficiency of money transfers.

Putin instructed the Prosecutor General to suppress illegal cross -border transfers of digital assets

Russian President Vladimir Putin instructed to take additional measures to suppress illegal cross -border transfers of digital financial assets. He stated this at a meeting of the board of the Prosecutor General’s Office.

Central Bank of China and the UAE joined the project “Most” for CBDC Hong Kong and Thailand

The Monetary Office of Hong Kong and the Thai Bank reported the accession of the People’s Bank of China (NBK) and the Central Bank of the UAE to the second phase of the project “Bridge for digital currencies of central banks” (CBDC). Previously, the project was called Inthanon-Lionrock. As part of the initiative, they will develop evidence of a concept for the use of DLT technology in cross-border multicellular payments in real time 24/7. The creators of the new “bridge” […]

Ripple entered the market of cross -border transfers with a volume of $ 6.7 billion per year

Azimo digital money transfers provider in partnership with the Siamese Commercial Bank (SCB) launched an instant cross-border payment service from Europe to Thailand based on the fintech startup technology Ripple.

Moneygram received an additional $ 11 million investments from Ripple

The MoneyGram money transfers service received $ 11.3 million investments from the fintech startup of Ripple during the second half of last year. It is reported by Coindesk with reference to reporting for the US Securities and Exchange Commission (SEC).

MoneyGram: XRP from Ripple is involved in 10% of our translations between the USA and Mexico

The head of Moneygram Alex Holmes said that his service processes 10% of the translations between the USA and Mexico using the ON-DEMAND Liquidity (ODL) payment solution using Ripple XRP token.

60 Latin American banks use bitcoin for cross -border payments

The leading Latin American Bantotal banking provider has made a partnership with BITEX exchange to launch fast and inexpensive international payments. This is reported by Coindesk.

The Central Bank of the Netherlands remained dissatisfied with the results of testing blockchain solutions

For three years, the Netherlands bank worked on prototypes of payment decisions on the blockchain, but remained generally dissatisfied with the results. This is reported by The Next Web.

JPMorgan will expand the capabilities of its own interbank information blockchain system

Head of the Clearing Department of the JPMorgan financial holding&Chase John Hunter said that the system functionality for cross -border InterBank Information Network (IIN) based on the Quorum blockchain will be significantly expanded, reports Financial Times.

UAE and Saudi Arabia will create cryptocurrency for cross -border payments

Representatives of the United Arab Emirates (UAE) and Saudi Arabia announced cooperation to create a new cryptocurrency, reports Emirate News Agency.

Coinone Bitcoin Torge has launched a payment application based on Ripple technology

The Coinone South Korean Exchange has launched the CROSS payment application using Ripple Xcurrent technology.

Ripple technology is used for instant international translations from Malaysia

The CIMB Malaysian Bank has concluded a partnership with the RipPlenet network to accelerate money transfers to the countries of Southeast Asia. Ripple reported this on the official website.

IBM launched a platform based on the Stellar protocol for instant cross -border payments

The IBM technological giant announced the launch of the blockchain system for the field of cross-border payments based on the Stellar protocol, writes PaymentsJournal.

Alibaba division successfully tested payments on the blockchain

Ant Financial, a payment branch of the Chinese giant of the Alibaba electronic commerce, launched a blockchain -based cross -border settlement service.

Central Bank Singapore and Canada Bank use blockchain for cross -border payments

Singapore monetary control (MAS) and Canada Bank have concluded a partnership with the aim of testing cross-border payments using its own cryptocurrency tokens. This is reported by Coindesk.

Ripple resumed growth against the backdrop of positive news from Asia

The third in capitalization digital currency Ripple (XRP) over the past day has reached the leading of growth among the first dozens of rating Coinmarketcap.

UAE Exchange has become a member of RipPlenet

The UAE Exchange payment giant based in the United Arab Emirates announced partnership with Ripple Labs and joining the RipPlenet network to make instantaneous cross -border payments.

Banks of Japan and South Korea will test payments based on blockchain technology Ripple

On Friday, December 15, Japanese and South Korean banks will begin testing the Ripple blockchain technology for cross-border payments within one day with a decrease in the commission by 30%. This is reported by Nikkei Asian Review.

The Ripple network is used for instant payments between the UAE, India and Singapore

Transnational Corporation Standard Chartered, the third largest Axis Bank and Rakbank financial institution in India (United Arab Emirates) announced the launch of the Ripple Time Trans -Border Payments in Real Time.

22 large banks will test cross -border payments on the blockchain from R3

The International Consortium R3 has created a system for cross -border payments based on blockchain technology. 22 large banks are ready to join the development of development, including Barclays, BBVA, HSBC and Commerzbank. This was reported in the official press release of the company.

IBM and Stellar use blockchain in cross -border payments

IBM Corporation uses Stellar blockchain for cross -border payments. About Zdnet reports.

Ripple tests cross -border payments between Japan and South Korea

SBI Ripple Asia intends to use the capabilities of blockchain technology for cross -border payments between South Korean and Japanese banks. This is written by Nikkei Asian Review.

In South Korea, international translations in bitcoins are legalized

July 18 in South Korea, a law enters into force that allows fintech companies to offer international transactions in bitcoins. About this writes Bitcoin.Com.

The Bank of England tested cross -border payments based on Ripple technology

The Bank of England tested the possibilities of transforming payments using Ripple technology. This was reported on the website of the Central Bank of the United Kingdom.

Swift blockchain project was joined by another 22 large banks

Another 22 large world banks have joined the project of the interbank network of SWIFT messages for testing blockchain technology, reports Ibtimes.

QUISK uses blockchain in the banking operation system

https://gagarin.news/ru/news/celsius-network-accused-of-bizarre-behavior/

Based in Silicon Valley Provider of digital payment decisions for financial institutions Quisk Inc. announced the introduction of blockchain technology into its services. This is reported by Economes.

Ripple technology is able to reduce bank costs several times

The Ripple team has published a value model on its website, which allows you to assess the economic effect of the introduction of the new technology proposed by the company.

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