Cryptocurrencies have raised hopes that paying for goods and services across borders will one day be as simple as making domestic payment. Will reality one day meet expectations?
The bank has moved $900 million across borders at lightning speed since tapping Ripple's blockchain solution. Its transaction services chief tells CT how, and details the limits of the system.
For treasurers with businesses in China, HNA’s liquidity squeeze is a signal lesson in how bad it can get. The affair stands to influence the whole banking sector’s non-performing loans.
It’s not just socialism that has Chinese characteristics. Tax laws, too, have their own very Chinese set of peculiarities and pitfalls. CT presents a primer on avoiding common tax traps.
Bitcoin, Etherium and even Air Miles are all forms of non-sovereign assets. In a region famous for its forex controls, will the cryptowallet soon be used to pay suppliers?
