Despite a total ban, the country has surged to 13th in global cryptocurrency adoption — and the new government may not be able to look away much longer. As Bangladesh Votes, a Crypto Underground Demands Recognition The following guest post was written by Nabil Sorkar, Verse Community Member. DHAKA, Bangladesh — On a sweltering Wednesday […]
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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 […]
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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 […]
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Standard Chartered Bank has launched the first remittance service in Bangladesh.
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Bangladesh is now on the blockchain map.
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A Bangeldeshi government agency is collaborating with IBM to harness blockchain for modernizing the country’s digital pension system.
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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.
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Blockchain smartphone Finney will become available on Bangladeshi markets in October, following regulatory approval
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Bangladesh is using financing from an IT fund to send new IT graduates abroad for training in distributed ledger technology
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New report says e-Government procurement can benefit from blockchain usage
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