In August 2024, the dollar accounted for almost half (49.1%) of payments handled by the global payment network SWIFT, with no other currency presenting solid competition to the dollar’s role in international payments.
On Desktop or Mobile Browser Go to Amazon.com or your specific regional Amazon website and ensure you’re logged into your account. Scroll down to the bottom of any Amazon page to locate your current settings. These are typically displayed in the footer section. Scan for the currency section, which is usually positioned near other localization […]
The Swiss franc (CHF) is one of the world’s most stable and reliable currencies, often sought after by investors and businesses for its strength and consistency. As the official currency of Switzerland and Liechtenstein, the Swiss franc plays a crucial role in international finance and trade. Understanding the exchange rate of the Swiss franc is […]
The new FXWallets service by CaixaBank provides business customers with virtual accounts to send and receive international payments in multiple currencies
Gold-backed digital currency to be introduced by the Reserve Bank of Zimbabwe is supposed to stabilize the highly volatile Zimbabwean dollar
The Swiss Bankers Association released a white paper suggesting the digitalisation of the Swiss financial system requires a Swiss franc joint deposit token
The Bank for International Settlements (BIS) has finished a joint project exploring international retail and remittance payments use cases for CBDC with the central banks of Israel, Norway and Sweden
Binance, the world’s largest blockchain ecosystem and cryptocurrency infrastructure provider, has announced the start of support for more African currencies.
CBDCs, where did the idea come from, why are banks obsessed with them, and why you shouldn’t be into it.
Crypto infrastructure startup Ramp has launched a platform for transferring digital assets back to fiat currency after receiving permission from regulatory authorities for relevant activities.
Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.
Brazil and Argentina will soon begin preparations for the creation of a common currency.
The Digital Dollar Project (DDP), a non-profit organization aimed at stimulating public discussion around the central bank’s digital currency (CBDC) in the United States, has announced the recruitment of new employees.
The head of India’s Central Bank has called for a blanket ban on cryptocurrency, again.
Senior adviser at the Bank of England argues CBDCs are not worth the associated costs and risks
The long-running lawsuit between Ripple and SEC sees interesting updates. Despite not having a set date ruling, the case is receiving increasing attention from multiple parties on both sides. The potential outcome in the event that Ripple loses to SEC may be disastrously damaging to cryptocurrency as a whole. Ripple, a payment protocol using blockchain […]
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