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Bank of Cyprus
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- 1ECB launches Pontes platform for digital securities settlements▼ECB launches Pontes platform for settlements in digital securities — Cyprus Mail
The European Central Bank has launched Pontes, a new platform for settling transactions in digital securities. The move is part of the Eurosystem's broader work on blockchain and digital market infrastructure, aiming to let financial institutions settle digital asset trades using central bank money. The initiative is drawing attention across European banking and fintech circles as a step toward modernising euro-area settlement systems.
- 2Bank of Cyprus opens direct rupee payment channel●🇨🇾 Bank of Cyprus opens direct rupee payments, deepening EU–India financial links Bank of Cyprus now allows businesses a
Bank of Cyprus has begun allowing businesses and individuals to transact directly in Indian rupees, removing the need for intermediary currencies in cross-border payments between Cyprus and India. The move strengthens financial links between the EU and India and supports wider efforts to internationalise the rupee in global trade settlement.