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China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies

The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were…

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Settlements With China — Russia Plans Next Step for Digital Ruble

Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to…

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Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals

The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The…

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Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say

Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States…

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Russia Starts Developing Mechanism for International Crypto Payments

Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry…

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Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina

Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to allow Argentines to use crypto for their everyday purchases. The exchange is introducing QR payments directly in…

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