Generative Data Intelligence

Tag: cross-border settlements

Chinese Yuan Overtakes US Dollar as Most Used Currency to Settle Cross-Border Payments in China

The Chinese yuan is now China’s most used currency for cross-border settlements. According to official data from the State Administration of Foreign Exchange, the...

Brazil and China Deepen Trade Integration to Move Away From US Dollar, as First Yuan-Based Settlement Is Processed

Brazil and China have reached a milestone in their economic integration, as the first bilateral settlement in Chinese yuan was completed ahead of...

Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands

Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agencies, the country’s Prosecutor General has insisted. The circulation...

CBDC Transactions to Surpass $210 Billion in Less Than a Decade (Study)

A recent study conducted by the analytics company Juniper Research estimated that payments via central bank digital currencies (CBDCs) could reach $213 billion...

More Than Half of Payment Firms Predict Merchants Will Embrace Cryptocurrency Within Three Years

Share some Bitpinas love:Subscribe to our newsletter!Over half of the 300 payment firm leaders surveyed predict that most merchants will accept cryptocurrencies as a...

Time is Money

When talking about Central Bank Digital Currencies (CBDCs) most commentators focus on their lack of privacy and ability to be blocked or controlled. Although...

The future of payments: Crypto oised to play a major role

The report says the future of payments and how crypto has poised to play a major role. Cryptocurrencies, according to reports, will be widely used...

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