Settlements – Page 2 – BitlyFool.com

May 27, 2023

Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements

Trading within a Russia-led regional organization has effectively… More...

May 27, 2023

EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card

Three integration unions with Russian participation, BRICS, SCO,… More...

May 24, 2023

Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says

The larger portion of payments between Russia and China are now processed… More...

May 23, 2023

Putin Wants Limit on Currency Purchases for Russians Dealing With Foreigners

Russian citizens and firms doing business abroad may soon be restricted… More...

May 6, 2023

Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says

Efforts to transition to trade in national currencies in the Shanghai… More...

May 3, 2023

Iran Sets Up Platform to Facilitate Crypto Payments for Imports

Authorities in Iran are taking steps to make crypto payments easier… More...

May 1, 2023

‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says

Cryptocurrency may be bad for investors but it can be useful in international… More...

April 30, 2023

Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China

BRICS nations can lead efforts to abandon the U.S. dollar in international… More...

April 29, 2023

Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves

The economy minister of Argentina, Sergio Massa, announced that … More...

April 28, 2023

World’s Largest Regional Organization to Switch to Settlements in National Currencies

A China-led regional organization that covers more than half of Eurasia… More...

April 24, 2023

Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

Russia will increase its reliance on national currencies to settle… More...

April 10, 2023

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

Within the next decade, the U.S. dollar will play a much less dominant… More...

March 22, 2023

US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’

According to the U.S. Federal Reserve, the central bank’s… More...

March 20, 2023

Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says

Blockchain technology can help solve current issues with settlements,… More...

March 12, 2023

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar… More...

February 25, 2023

JPMorgan to Open Blockchain Innovation Lab in Greece

Financial giant JPMorgan has announced it will open a new blockchain… More...

February 22, 2023

Bank of Japan to Launch Digital Yen CBDC Pilot Later This Year

The Bank of Japan is preparing to launch a pilot test for a digital yen,… More...

January 25, 2023

Latam Common Currency to Focus on Settlements Among Mercosur and BRICS Countries

President of Brazil Luis Inacio Lula Da Silva clarified the scope … More...

January 23, 2023

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

The company developing China’s blockchain network wants … More...

January 9, 2023

Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report

The country's central bank will begin studying two possible cross-border… More...

December 20, 2022

Bank of Russia to Test International Crypto Payments With Companies

The Central Bank of Russia plans to use cryptocurrency for cross-border… More...

November 17, 2022

Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions

Both facing sanctions, Russia and Cuba are looking into alternative… More...

October 10, 2022

Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit

With limited access to global finances, Russian businesses have … More...

October 3, 2022

Bank of Russia Adds Digital Assets to Banking Chart of Accounts

Central Bank of Russia has introduced digital assets, including … More...

September 29, 2022

China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies

The monetary authorities of four jurisdictions in Asia have carried… More...

September 28, 2022

Settlements With China — Russia Plans Next Step for Digital Ruble

Russia intends to use its digital ruble, to be introduced early next… More...

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