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Leading Russian banks intend to work with crypto

...obby group which includes Russia’s largest bank Sberbank, Alfa-Bank, VTB, and others. Members of the meeting also discussed regulatory issues with global experts, such as representatives from a Japanese crypto exchange Bitflyer, Singapore-based blockchain platform NEM, and cryptocurrency Litecoin. Luc Frieden, former Minister of Finance of Luxembourg also took part in the meeting, explaining ...

Path: Blog
Blockchain technology to be used for cross-border forex transfer in China

China’s foreign exchange reserve regulator, the State Administration of Foreign Exchange (SAFE), jointly with the Hangzhou Blockchain Research Institute, has developed a blockchain platform for cross-border financial trades. At present, a highly complex industry such as China's import and export financing system relies on manual, paper-based operation for processing. In order to resolve this...

Path: Blog