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Category Cross Border Payment

MainNewsCross Border Payment
Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments

Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments

The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank di...
Jul, 25, 2024
by Bitcoin News
China and UAE Praise Potential Role of CBDCs in Cross-Border Trade

China and UAE Praise Potential Role of CBDCs in Cross-Border Trade

China and the United Arab Emirates (UAE) have acknowledged the crucial role of central bank digital currency (CBDC) in facilitating cross-border tr...
Jun, 03, 2024
by Bitcoin News
Nigerian Startup, Zone, Raises $8.5M in Seed-Funding Round

Nigerian Startup, Zone, Raises $8.5M in Seed-Funding Round

Zone, a Nigerian payment fintech startup that leverages the blockchain, recently raised $8.5 million in a seed funding round. An undisclosed portio...
Mar, 20, 2024
by Bitcoin News
Ripple Partners With Onafriq to Enable Faster Cross Border Payments to Africa

Ripple Partners With Onafriq to Enable Faster Cross Border Payments to Africa

Ripple and the Africa-focused payment fintech startup Onafriq recently said they are collaborating to enable crypto-based cross-border payments bet...
Nov, 14, 2023
2 min read
by Bitcoin News
Governments See CBDCs Making Their Countries ‘More Economically and Financially Efficient’ — Venom Foundation CEO

Governments See CBDCs Making Their Countries ‘More Economically and Financially Efficient’ — Venom Foundation CEO

According to Louis Tsu, the CEO of Venom Foundation, governments that are seeking to introduce central bank digital currencies (CBDCs) are not bein...
Aug, 29, 2023
9 min read
by Bitcoin News