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Visa and GSMA launch digital finance for all initiatives

News | Payments General | 27 Feb 2024

Visa and GSMA Mobile for Development Foundation (GSMA Foundation) have launched the Digital Finance for ALL (DFA) initiative for financial inclusion in Africa, Asia, and LATAM.

financial inclusion, digital payments, partnership, financial services, financing

Russia abandons its plans to launch a national crypto exchange

News | Cryptocurrencies | 30 May 2023

The government of Russia has given up on its plans to create a national cryptocurrency exchange and will direct its focus elsewhere.

cryptocurrency exchange, cryptocurrency, cross-border payments, regulation

Russia considers using digital assets for cross-border payments

News | Cryptocurrencies | 24 Apr 2023

The parliament of Russia has published a draft law that considers using digital assets for cross-border payments in a bid to overcome sanctions.

cross-border payments, digital assets, digital payments, regulation

Russia bans digital assets payments

News | Cryptocurrencies | 12 Jul 2022

The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments.

regulation, crypto, digital assets, crypto asset, virtual asset

Sberbank considers introducing stablecoin after new crypto law

News | Cryptocurrencies | 06 Aug 2020

Russia-based Sberbank has announced plans regarding stablecoin, which are digital currencies backed by real-world assets, major fiat currencies, or commodities such as gold.

Sberbank, stablecoin, crypto law, crypto, Russia, digital currencies, fiat currencies, commodities, Gold, cryptocurrency, On Digital Financial Assets, DFA, crypto-to-crypto trading platform, loans, digital securities

CITCON announces European expansion

News | Payments General | 02 Jul 2019

CITCON has announced its European expansion to offer European merchants a cross-border commerce solution for Chinese travellers.

Citcon, Europe, cross-border commerce, mobile payments, Alipay, WeChat Pay, China UnionPay