Auto Added by WPeMatico
Bangladesh and India have decided to conduct trade settlements in their own currencies, bypassing the dominance of the U.S. dollar. According to sources from the Bangladesh Bank, the decision was made due to the issues of liquidity in foreign currency that Bangladesh faces, which are disrupting the flow of imports to the country. Bangladesh and […]Powered by WPeMatico
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for […]Powered by WPeMatico
Standard Chartered Bank has launched the first remittance service in Bangladesh.
Powered by WPeMatico
A Bangeldeshi government agency is collaborating with IBM to harness blockchain for modernizing the country’s digital pension system.
Powered by WPeMatico
It is evident that the banking sector will need to find ways to remain relevant and evolve in the years to come. RAKBANK hopes to leverage Ripple’s technology in its effort to make a positive impact. Various financial institutions around the world see merit in Ripple’s technology. Ripple Gains Ground in Bangladesh The firm has made a name for itself in terms of providing liquidity for domestic and international money transfers. RAKBANK in Dubai now hopes for it to make a very big impact. The bank is expanding its RAKMoneyTransfer services into the Bangladeshi corridor. More specifically, this is made
The post Ripple Powers RAKBANK’s Payment Corridor to Bangladesh appeared first on The Merkle News.
Powered by WPeMatico
Blockchain smartphone Finney will become available on Bangladeshi markets in October, following regulatory approval
Powered by WPeMatico
Bangladesh is using financing from an IT fund to send new IT graduates abroad for training in distributed ledger technology
Powered by WPeMatico
New report says e-Government procurement can benefit from blockchain usage
Powered by WPeMatico
Bangladesh – one of the few countries presently attempting to enforce a ban on cryptocurrency trading and use – has announced that several major state institutions will begin ramping up efforts to crack down on bitcoin adoption among Bangladeshi citizens. Also Read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Bangladesh Central Bank Warns Financial […]
The post Bangladesh Authorities on “Hunt” for Bitcoin Traders appeared first on Bitcoin News.
Powered by WPeMatico
