- Payments giant Mastercard has granted London-based digital payments firm Wirex principal membership status, making it “the first native cryptocurrency platform” to be granted the membership. According to the press release, this enables Wirex to issue payment cards directly to consumers.
- The G20 will unveil a new cross-border payments plan by October, said the Russian Central Bank. According to Ria Novosti, the Central Bank said that the G20’s plan will aim to improve cross-border payments’ “efficiency, speed and accessibility.” The Central Bank said that G20 financial chiefs agreed to the measure during talks this weekend and also discussed the wider use of stablecoins.
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