international settlements – Page 4

Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says

Post author:MiamiCrypto
Post published:June 17, 2022
Post category:Bank of Russia CBR Central Bank Chair Crypto crypto payments Cryptocurrencies Cryptocurrency Elvira Nabiullina Governor international payments international settlements Nabiullina Payments Regulation Russia russian Settlements

Cryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital…

Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT

Post author:MiamiCrypto
Post published:June 4, 2022
Post category:Banking Banks Blockchain blockchain technology CELLS Crypto Cryptocurrencies Cryptocurrency Digital Currency DIstributed Ledger DLT Finance foreign trade international payments international settlements messaging system national currencies Payments platform Rostec Russia russian Sanctions Settlements swift system trade Ukraine War

Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an…

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

Post author:MiamiCrypto
Post published:June 2, 2022
Post category:bill Central Bank Crypto crypto payments Cryptocurrencies Cryptocurrency draft law finance ministry international settlements law lawmaker lawmakers lower house parliament Payments Regulation Regulations Russia russian State Duma

The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The…

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

Post author:MiamiCrypto
Post published:December 9, 2021
Post category:Bank of France BIS CBDC CBDCs Central Bank Central Banks cross border Digital Currencies Digital Currency digital euro Euro Experiment Finance innovation hub international settlements project Project Jura Settlements SNB swiss franc Swiss National Bank Test Testing Trial

Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project…