The Paypers

JUNE 12, 2025

A recent pilot conducted under the HKMA ’s e-HKD+ initiative has tested the feasibility of using digital currencies for cross-border investment transactions.

CBDC

The Paypers

JUNE 17, 2025

Furthermore, users can scan VietQR at local merchants and pay with stablecoins such as USDT and USDC on Ethereum, Tron, Solana, Base, TON, and BNB Chain, with more chains to be included in the upcoming period.

CBDC

The Paypers

JUNE 20, 2025

The reported move comes as a number of major companies, both within and outside the financial sector, consider entering the stablecoin space in the context of evolving regulatory conditions. Companies such as Circle and Tether currently dominate the USD 251 billion stablecoin market, but that landscape could shift.

Stablecoins

The Payments Association

JULY 18, 2025

It offers practical, high-level analysis of what’s live, what’s coming into force, and what’s under active consultation, covering fraud liability, stablecoin oversight, instant payments, digital operational resilience, and future developments such as the digital pound and digital euro. Firms should act swiftly to meet the new standards.

Regulations

The Paypers

JUNE 23, 2025

Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News Nauru establishes a crypto asset regulator Monday 23 June 2025 15:45 CET | News The Government of Nauru has enacted legislation creating a regulatory body to oversee activities involving digital assets.

Regulations

The Paypers

JUNE 18, 2025

Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News Revolut launches AI-driven financial assistant Wednesday 18 June 2025 13:20 CET | News Revolut has planned to launch its own AI-driven financial assistant, according to the fintech’s representatives.

AI

Finextra

JULY 28, 2025

" There are no forms to fill out, no clearing rules to cross-reference. Effortless Transactions: "Kosha," you instruct, "our new robotics supplier in Germany needs to be set up for recurring monthly payments under the SEPA B2B scheme. Handle the mandate." Dynamic Risk Management: An alert flashes in your vision.

Cash Management

The Paypers

JUNE 25, 2025

As part of these efforts, Mastercard will join Paxos’ Global Dollar Network and has signalled its intent to integrate PayPal’s PYUSD and Fiserv’s proposed FIUSD stablecoin. The card network already supports Circle’s USDC, currently the second largest stablecoin by market capitalisation.

Stablecoins

Finextra

JULY 18, 2025

Home News Crypto Trump expected to sign stablecoin regulation Genius Act into law Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Stablecoins

Finextra

JULY 28, 2025

The Bank of England (BoE) is reportedly reevaluating its digital pound plan, with internal discussions suggesting a potential shift away from prioritizing a digital pound, opening a new phase of CBDC reconsideration. Slow in progress In addition, the British CBDC project is relatively slow in progress, compared to other countries.

CBDC

Finextra

JULY 22, 2025

The BofE has been privately urging the banking industry to instead accelerate payment innovations that could result in similar benefits without the creation of a central bank digital currency, or CBDC, for consumers, according to anonymous sources cited by Bloomberg. Ted Cruz to protect our economy and our financial system from these harms.“

CBDC

Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. However, a significant shift has occurred with the launch of Eurasia’s first CBDC cards in Kazakhstan, providing 20 million consumers with a new, tangible way to manage CBDC funds.

CBDC

Fintech News

DECEMBER 11, 2023

This PoC involved executing real-time cross-border test transactions between various Central Bank Digital Currency (CBDC) systems. The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies.

CBDC

Fintech News

DECEMBER 13, 2024

The growing adoption of stablecoins across Asia marks a significant shift in the regions financial landscape. dollar-pegged stablecoins like USDT and USDC primarily dominate the cryptocurrency topography. dollar in cross-border trade, investment, and domestic financial systems. Traditionally, U.S.

Stablecoins

Fintech News

OCTOBER 23, 2024

Australia has unveiled a three-year initiative to explore the potential of central bank digital currencies (CBDCs) with a focus on wholesale CBDC opportunities, industry outreach and regulatory improvements, Brad Jones, Assistant Governor (Financial System) at the Reserve Bank of Australia (RBA), told the audience at an industry event in September.

Central Bank

The Fintech Times

JUNE 19, 2024

The Central Bank of the United Arab Emirates (CBUAE) has approved new regulations for stablecoins, enabling it to integrate Dirham-backed digital currencies into its financial ecosystem. A new system has now been issued in the UAE which will license and oversee stablecoins, following approval by the board of directors at the CBUAE.

CBDC

Fintech News

JANUARY 23, 2024

This project is a joint effort with the Hong Kong Monetary Authority (HKMA) and is part of ongoing research into the development of CBDC systems, considering privacy concerns. Featured image credit: Edited from Freepik The post CBDCs, Green Finance Among BIS Innovation Hub Projects Announced for 2024 appeared first on Fintech Singapore.

Innovation

The Fintech Times

MAY 29, 2024

Cryptocurrencies, central bank digital currencies (CBDCs) and stablecoins remain prominent and continue to see innovation worldwide; particularly in the Middle East and Africa (MEA). Central bank digital currencies CBDC initiatives have garnered interest across both the Middle East and Africa, as evidenced by the CBDC landscape below.

Digital Currency

PYMNTS

JUNE 19, 2020

The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release , which will be a step toward readying the business sector for the digital age. The release says the step will help CBDC reach wider audiences, beginning with corporate entities.

CBDC

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Bitcoin and other offerings have not yet evolved into real alternatives to sovereign monetary activities, but stablecoins present challenges. In a paper that debuted Tuesday (Nov.

Stablecoins

Clearly Payments

AUGUST 24, 2024

According to the Bank for International Settlements (BIS), 114 central banks, representing over 95% of global GDP, were engaged in some form of CBDC research or development by the end of 2023. For instance, PayPal’s Xoom service, which specializes in cross-border P2P transfers, reported a 20% increase in transaction volume in 2023.

Debit Card

The Fintech Times

FEBRUARY 19, 2024

Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-border payments. To begin this focus, we first look at what businesses should prioritise when looking to offer cross-border solutions. “International trade winds have shifted in recent years.

Cross-Border Payments

The Fintech Times

MAY 26, 2024

Andrew Carrier , member of the executive committee at Quant “Privacy remains one of the most important discussion points in the CBDC debate, with the likes of the European Central Bank confirming that it is working on state-of-the-art security measures to ensure privacy protection.

CBDC

Fintech News

DECEMBER 20, 2023

Singapore also made strides in payment innovation, focusing on enhancing electronic payments and expanding cross-border capabilities. With the system, merchants would only be required to sign up with a single financial institution to unlock a diverse range of local and cross-border payment schemes.

FinTech

Clearly Payments

JANUARY 4, 2024

Ripple (XRP), designed with a focus on facilitating cross-border payments, has gained traction for its speed and efficiency. What are Stablecoins? Unlike their more volatile counterparts, stablecoins aim to maintain a stable value by pegging their worth to established fiat currencies, commodities, or other assets.

Cryptocurrency

PYMNTS

MAY 22, 2020

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The OMFIF seeks to create connections between the traditional banking and cryptocurrency spaces.

Digital Currency

Fintech News

JANUARY 30, 2024

Other payment trends in Asia preceding 2024 including the rise of B2B buy now pay later (BNPL), growing prominence of central bank digital currency (CBDC), and prevalence of composable, cloud-based ‘as-a-Service’ IT architecture models have helped shape much of what we anticipate for 2024.

Payments Trends

Fintech News

OCTOBER 28, 2024

The 18 finalists have been selected based on solutions to challenges in credit access, financial literacy, cross-border payments, and personalized protection, among other areas. The Global Fintech Hackcelerator, organised by MAS in partnership with Elevandi, received 77 proposals worldwide this year.

FinTech

PYMNTS

MAY 22, 2020

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The OMFIF seeks to create connections between the traditional banking and cryptocurrency spaces.

Digital Currency

Clearly Payments

FEBRUARY 19, 2024

Cross-border commerce is witnessing steady growth, as US consumers increasingly engage with international retailers. Central banks: Several central banks globally are actively researching and piloting CBDC initiatives, signaling a shift towards digitalization in traditional monetary systems. for online shopping.

Process

Fintech News

JANUARY 9, 2024

A notable indicator of this shift is the growing preference for cross-border payment solutions built upon blockchain technology, particularly within the APAC region. Source: Monetary Authority of Singapore Several nations within the APAC region, including Singapore and Japan , are actively exploring Web3 digital assets and stablecoins.

APACS

The Fintech Times

JANUARY 24, 2024

While not currently a major point for debate in the lead-up to the US Presidential election, Trump first made his views on a CBDC clear at a rally in Portsmouth, New Hampshire on 18 January 2024 during the Republican presidential primary campaign. He noted that a move away from CBDCs would not impact the US as a global crypto hub.

CBDC

The Payments Association

MARCH 18, 2025

The Federal Reserves shift on crypto banking access could impact payments, stablecoins, and digital assets. During the Biden Administration, the US Federal Reserve (the Fed) explored plans for Project Cedar, an early-stage framework for a potential central bank digital currency (CBDC). Why is it important?

Federal Reserve

The Payments Association

APRIL 14, 2025

Immediate focus areas include fraud prevention, ISO 20022 readiness, and stablecoin regulationbut longer-term success depends on active engagement with consultations, operational resilience, and global alignment. Short to medium-term impact (Beyond Q2 2025) New rules on cross-border payments and interchange fees (final rules exp.

Regulations

The Payments Association

DECEMBER 2, 2024

Moreover, AI is enabling greater efficiency in cross-border payments, addressing pain points like delays and high costs. For payment providers, CBDCs present both opportunities and challenges. On one hand, they could streamline cross-border transactions, reducing costs and settlement times.

Embedded Finance

The Fintech Times

MAY 20, 2025

As an example, he pointed to Hong Kongs stablecoin regulation: We did our first round of stablecoin consultation two years ago, and then we did another round last year… We expect it to pass sometime this year. He believes Hong Kongs framework can help support real-world stablecoin adoption, particularly for cross-border trade.

Regulations

The Fintech Times

FEBRUARY 15, 2025

While central banks across the globe have begun researching the possibility of introducing a central bank digital currency (CBDC), only three countries have officially launched one, and we still await one from a genuine world leader – aside from China piloting the digital Yuan with questionable levels of adoption.

CBDC