Cross-border

Safe, Simple and Secure: Cryptocurrency Could Disrupt Cross-Border Transactions
Jul 10, 2020 at 13:09
News
Safe, Simple and Secure: Cryptocurrency Could Disrupt Cross-Border Transactions
The traditional method of moving money abroad has always been associated with high transfer and money conversion rates, unnecessary delays, annoying paperwork and bureaucracy, but the rise of cryptocurrency as a competing instrument seems to provide many easy alternatives.
A Denial to Withdraw Bitcoins from LocalBitcoins Hinders Cross-Border Businesses
Feb 14, 2020 at 11:28
News
A Denial to Withdraw Bitcoins from LocalBitcoins Hinders Cross-Border Businesses
Users of localbitcoins.com, a popular cryptocurrency exchange platform, in over 15 countries from different continents are crying helplessly after being denied access to withdraw their Bitcoins from their personal accounts. This event came as a result of a surprise blackmail from the EU Commission.
Cryptocurrency Business is Thriving in Smaller Countries
Aug 01, 2019 at 12:07
News
Cryptocurrency Business is Thriving in Smaller Countries
Several developed countries, like the United States, China, Russia and others, see Bitcoin and other digital currencies as speculative tools. They think investors will only become rich or benefit if they invest and wait for probably like five, ten, fifteen or even twenty years along the line. Nevertheless, some countries look at cryptocurrencies as a new, fast, secure and easy means of payment, especially when carrying out cross-border payments. In this technological era, smaller countries globally have continued to embrace the use of blockchain and cryptocurrency.
Central Bank Experiment: Blockchain for Cross-Border Payments
May 04, 2019 at 12:44
News
Central Bank Experiment: Blockchain for Cross-Border Payments
The Monetary Authority of Singapore (MAS), in collaboration with the Central Bank of Canada (BoC), experimented with making cross-border (international) financial payments using blockchain technology and CBDC, a digital fiat money created under the government’s regulation. This initiative will help increase payment efficiencies.
IBM Creates Cross-Border Payment Blockchain & Crypto Network
Mar 20, 2019 at 15:29
News
IBM Creates Cross-Border Payment Blockchain & Crypto Network
International Business Machines (IBM) Corp. wants financial institutions to join the revolutionary technology known as blockchain. IBM has made the process of transacting funds across borders very easy. It has developed a real-time, global payments network for regulated banks and other financial institutions to enable international transactions and foreign exchange in over 70 crypto-friendly countries.
Blockchain is the Key Technology in the Transformation of Financial Sector
Mar 11, 2019 at 16:21
News
Blockchain is the Key Technology in the Transformation of Financial Sector
Blockchain can be applied to many aspects of financial field, including cross-border payments, customer identities management, payments security, and different types of transactions. Italy has already started to implement some of new technologies that help to reduce expensive legal procedures.  
Coinbase Adds International Wire Transfers for High-Volume Users in Europe & Asia
Jan 23, 2019 at 15:10
News
Coinbase Adds International Wire Transfers for High-Volume Users in Europe & Asia
High-volume Coinbase Pro and Prime Clients in Asia and Europe can now easily fund their accounts through cross-border SWIFT wire transfers from non-U.S. financial institution accounts, according to an official post published on The Coinbase Blog on Tuesday.
Confirmed: UAE & Saudi Arabia Collaborate on a Common Cross-Border Crypto
Dec 13, 2018 at 13:16
News
Confirmed: UAE & Saudi Arabia Collaborate on a Common Cross-Border Crypto
It’s now officially confirmed that UAE and Saudi Arabia will collaborate and work on a cross-border cryptocurrency, though the actual date and time when this will be done is not known. The crypto is strictly targeting banks not clients.
Saudi Arabia to Roll Out its Own Native Crypto in 2019
Nov 24, 2018 at 09:45
News
Saudi Arabia to Roll Out its Own Native Crypto in 2019
Different nations cogitate developing their own digital currencies. This isn't a smooth accomplishment since several different aspects need to be considered first. In Saudi Arabia, that new crypto exchanges will be completed in mid next year, as per Mohsen Al Zahrani, Head of SAMA, as reported by Saudi Press Agency on Tuesday. This crypto will have the backing of the Saudi central bank. In spite of that schedule, the working team pushing this project is further assessing the significant impact of such a cryptocurrency.
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