As Africa races ahead in digital finance, a panel of
speakers gathered at Finance
Magnates Africa Summit 2025 to assess the continent’s trajectory—from
inclusion to innovation. Titled “Pay it Forward: Africa’s Leap Toward…
Key Points:Mainland China and Hong Kong launch cross-border payment system.Significant boost to trade and financial markets.Expected transaction cost reduction, faster settlements.
The People’s Bank of China and the Hong Kong Monetary…
New York Attorney General Letitia James has frozen
$300,000 worth of cryptocurrency linked to an international fraud scheme that
targeted hundreds of Russian-speaking residents across Brooklyn and beyond. Authorities say the operation…
JD.com stablecoin licenses are being pursued by the Chinese e-commerce giant to slash cross-border payment costs by up to 90%. The company announced plans to apply for stablecoin licensing regulations…
Cross-border transactions are costing companies over $120 billion per year in transaction fees, a report by Oliver Wyman and J.P. Morgan found. In spite of great fintech advances, conventional payment…
In recent years, Contract for Difference (CFD) brokers have shown growing interest in stablecoins as a method for cross-border transactions, particularly in non-European Union (EU) markets. This trend reflects growing…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
Ripple has joined forces with Unicâmbio, one of the oldest and largest foreign exchanges in Portugal, to make cross-border payments faster and easier. According to the announcement, both companies plan…
Payments keep economic engine runningRipple throws XRP and RLUSD on payments table In its recent Cross-Border Payments Guide, Ripple blockchain behemoth revealed how its products – XRP and RLUSD –…
Conduit, a cross-border payments company based in Boston, has raised $36 million in a Series A funding round led by Dragonfly and Altos Ventures. The capital will go to scale…