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German Central Bank Joins MAS-Led Project Guardian

Fintech News

The Deutsche Bundesbank has become a member of Project Guardian , a global initiative led by the Monetary Authority of Singapore (MAS) that explores the use of asset tokenisation in financial markets. The Bundesbank is very pleased to be cooperating with a partner that is as competent as MAS.”

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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. These advancements will expand the utility of the Digital Rupiah within Indonesias financial ecosystem and potentially in cross-border contexts.

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Usage patterns differ, technological approaches diverge, and key challengesfrom privacy concerns to merchant adoptionremain unresolved.

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Cross-Border Payment Efforts Look To The Blockchain And Beyond

PYMNTS

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. These shortcomings make the cross-border payment industry ripe for disruption and innovation.

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 World Bank Sees DLT Potential For Cross-Border Transactions

PYMNTS

The jockeying for cross border-payments continues, and SWIFT and Ripple continue to dominate the headlines. At heart of the matter, of course, is the place (or choice) of using distributed ledger technology (DLT) to underpin the transactions — especially B2B transactions.

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Ripple Enables Real-Time Payments Into China Via LianLian

PYMNTS

7) said Ripple announced a partnership with LianLian International, a Hong Kong-based, cross-border payments company, that plans to use Ripple’s xCurrent enterprise blockchain tool to process real-time payments coming into China. Cross-border payments related to China’s eCommerce market reached $1.07

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Examining Thailand’s Fintech Landscape

The Fintech Times

Looking beyond Thai borders, the Bank of Thailand has revealed a plan to introduce QR code cross-border payments with India by the third quarter of this year. Similar to other regions across Asia, mobile payments are now preferred as a payment method over card payments by 70 per cent of Thai consumers.

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