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Bank of Thailand to Test Programmable Payments in Enhanced Sandbox

Fintech News

Daranee Saeju, Assistant Governor of Payment System Supervision and Financial Service User Protection at the Bank of Thailand (BoT) , announced the launch of a new initiative to test programmable payment systems under the Enhanced Regulatory Sandbox framework. Applications are open from 13 June 13 to 13 September 2024.

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13 APAC-Born Companies Recognized Among Top Global Cross-Border Payment Leaders of 2025

Fintech News

LianLian Global (China) LianLian Global team at Money20/20 Asia 2024, Source: LianLian Global, Apr 2024 Founded in 2004 and headquartered in China, LianLian Global is a leading cross-border payment and financial services provider, specializing in helping e-commerce businesses and entrepreneurs operate seamlessly across international markets.

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Ripple Announces Line Of Credit Offering

PYMNTS

Enterprise blockchain service provider Ripple on Thursday (Oct. The service is not available to individuals. Ripple describes its business model as using “technology to deliver financial solutions vital for businesses that were once only offered by multinational banks — without the cost and overhead of legacy systems.

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SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems

Fintech News

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. The PoC explored two models.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

With distributed ledger technology (DLT) an increasingly attractive payment rail alternative, some payments conglomerates operating in the world of traditional rails have expanded in recent years to consider blockchain. Mastercard Leads Central Bank Digital Currency Test. Zero Hash Embraces Payment Rail Cooperation.

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Bitcoin Daily: Caymans Introduce Digital Asset Regulatory Framework; Reserve Bank Of Australia To Test CBDC; Huobi Expands Support For Visa And Mastercard

PYMNTS

The Cayman Islands’ Ministry of Financial Services introduced the nation’s regulatory framework for virtual asset service providers (VASPs) on Saturday (Oct. 31), according to a press release. The framework consists of two phases, the first, which began on Oct.

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Bitcoin Daily: HSBC Backs Blockchain Firm Axoni, Researchers Uncover New Crypto Malware

PYMNTS

The firm plans to put the funds to use by growing its AxCore system, which is based on distributed ledger technology (DLT), as well its smart contracting language called AxLang. (It It also plans to enhance its technology for data synchronization.) HSBC , the U.K. bank, is backing a U.S. ”