CBDCs
Iran to launch CBDC on Sept. 22
The digital currency — dubbed "Crypto-Rial" — will leverage blockchain technology to turn the Iranian Rial banknotes into cryptocurrency.
Christian Nwobodo 2 min read
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Payments
OpenNode receives approval to test Bitcoin payments in Bahrain
OpenNode will leverage the Central Bank's Regulatory Sandbox framework to test its bitcoin payment infrastructure.
Payments
Russia PM sets December deadline for international crypto payments rule
Prime minister Mikhail Mishustin noted that the country's financial system would have to adjust because of the economic sanctions imposed by western authorities.
Latest Payments News & Analysis
CBDCs
Ripple hints at new CBDC announcements
Ripple has scored several partnerships in its CBDC drive, including a participation in the digital dollar sandbox initiative.
Stablecoins
Russia to settle cross-border payments using stablecoins
Russia is developing a digital platform that will allow it settle cross-border transactions with more friendly countries using commodity-backed stablecoins.
Regulation
Russia to reportedly consider crypto use for international payments
Russia has faced increased scrutiny and sanctions from western countries over its Ukraine invasion, forcing a rethink of its stance towards crypto.
CBDCs
World Economic Forum weighs in on CBDC adoption and DLT use cases
WEF aims to inform and help central banks realize the potential of CBDCs and DLT as interest in the technologies gain traction.
Adoption
Crypto startup wins cybersquatting dispute against Deloitte
Deloitte argued that crypto startup DKYC's domain name directly contradicts its own "knowyourclient" service by promoting anonymous crypto transactions.
NFTs
X2Y2 implements flexible royalty option for buyers
Buyers on X2Y2 now have the option to choose an amount they would like to contribute to an NFT project.
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Partnerships
Ripple continues overseas expansion with Tranglo to UAE
Censorship
SWIFT considered ‘neutral’ on sanctions; debate sparked on whether Ethereum is the same
Payments
Ripple and Travelex partner up to launch crypto payments in Brazil
Payments
