Cross-Border Payment Efforts Look To The Blockchain And Beyond
PYMNTS
APRIL 3, 2019
In Myanmar, Shwe Rural & Urban Development Bank has partnered with Krung Thai Bank, which is state-owned, to debut a cross-border transfer money offering that is in turn tied to the Ethereum blockchain. The company has initially focused on catering underserved populations in Asia, but has also applied for a license in the United States.
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