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A Swift solution – FINcopy – will inform the Reserve Bank of India in real time of every cross-border transaction involving the country.
New withholding tax laws may make it easier for companies investing in China to use offshore treasury centres without fear of being penalised.
As the upstart blockchain seeks to become part of the cross-border payment firmament, can it really topple Swift's monopoly? CT speaks to Ripple about its push into Asia.