Markets

16 September 2025

China and Saudi Arabia Settle First Oil Trade Using Digital Yuan

China and Saudi Arabia have completed their first-ever oil trade settlement using the digital yuan, marking a historic milestone in both global energy markets and the ongoing evolution of central bank digital currencies. The deal, finalized in mid-September, involved a...

15 September 2025

Ripple Expands CBDC Solutions to Latin American Central Banks

Ripple has announced plans to expand its central bank digital currency (CBDC) infrastructure to multiple central banks in Latin America, aiming to enhance financial inclusion, facilitate faster cross-border payments, and modernize monetary systems in the region. The initiative highlights Ripple’s...

15 September 2025

HSBC Partners with AI Startups to Enhance Fraud Detection in Payments

HSBC has announced a strategic partnership with several artificial intelligence (AI) startups to enhance fraud detection and risk mitigation across its global payment networks. This initiative aims to leverage machine learning, predictive analytics, and real-time monitoring to detect suspicious activity...

15 September 2025

Apple Pay Integrates Crypto Wallet Support for iOS Users

Apple has announced that Apple Pay will now support cryptocurrency wallets, allowing iOS users to store, send, and spend digital assets directly from their devices. The integration represents a major expansion of Apple’s payment ecosystem and reflects growing mainstream adoption...

15 September 2025

Binance Launches Eco-Friendly Crypto Mining Initiative in Asia

Binance has announced a new sustainability-focused crypto mining initiative in Asia, aimed at reducing the environmental impact of digital asset production while promoting responsible blockchain practices. The project utilizes renewable energy sources, carbon-offset strategies, and advanced energy management technologies to...

14 September 2025

PayPal Launches Web3 Integration for Retail and E-Commerce Payments

PayPal has officially launched a Web3 integration platform designed for retail and e-commerce, enabling merchants and consumers to utilize blockchain-based features, crypto wallets, and decentralized application support. This move represents a major push into decentralized finance (DeFi) and tokenized ecosystems,...