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Graphics of HKMA's collaboration with Brazil and Thailand on asset tokenization.
Asset Tokenization

HKMA Partners with Brazil and Thailand on Cross-Border Asset Tokenization

The HKMA has joined forces with Brazil and Thailand to enhance cross-border asset tokenization, implementing digital asset transactions and digital bond funding initiatives. This collaboration aims...

CBDCGraph showing surging CBDC transaction predictions until 2031.

Central Bank Digital Currency Transactions Projected to Skyrocket by 2031

A new Juniper Research report predicts that global CBDC transactions will increase from 307.1 million in 2024 to 7.8 billion by 2031. This 2,430% growth reflects central banks' efforts to enhance m...

automated complianceBIS unveils Project Mandala for compliance in cross-border transactions.

BIS Unveils Project Mandala for Automated Compliance in Cross-Border Transactions

The Bank for International Settlements (BIS) has showcased Project Mandala, aimed at automating compliance in cross-border transactions. Collaborative effort among central banks enhances payment pr...

cross-border paymentsVisa and PayPal executives discuss stablecoin adoption at Washington Fintech Week.

Visa and PayPal Push for Stablecoin Adoption at Washington Fintech Week

At Washington Fintech Week, executives from Visa and PayPal discussed the growing importance of stablecoins for international transactions. Cuy Sheffield and Jose Fernandez da Ponte emphasized thei...

blockchainStripe's acquisition of Bridge highlights stablecoin innovation in payment systems.

Stripe's $1.1 Billion Acquisition of Bridge: A Game Changer for Stablecoins

Stripe's acquisition of Bridge for $1.1 billion signals the rise of stablecoins in finance. Analyst insights highlight stablecoins as the fastest, most cost-effective method for cross-border paymen...

Bank of CommunicationsStandard Chartered and Bank of Communications Sign Digital Currency Agreement at Sibos Conference.

Standard Chartered and Bank Of Communications Forge Digital Currency Partnership

Standard Chartered Bank and Bank of Communications have signed a Digital Currency Strategic Cooperation Memorandum at the Sibos annual conference. This partnership will enhance cross-border payment...