Ripple Payments partnered with Swiss crypto bank Amina to plug its fiat-to-stablecoin payment infrastructure into the FINMA-regulated institution. The payments subsidiary of blockchain services company Ripple has partnered with Swiss bank Amina to provide it with access to its payment infrastructure. According to a Friday Ripple Payments announcement, the company will allow Amina to “settle transactions more efficiently without relying on traditional payment infrastructure, making transactions faster, lower cost, and with increased reliability and transparency.” This builds on a previous relationship between the companies, with the bank’s integration of the Ripple USD (RLUSD) stablecoin happening back in July. The move also reinforces Ripple’s presence in Europe, with Amina being a Swiss Financial Market Supervisory Authority-regulated financial institution. The bank’s Austrian subsidiary also holds a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) granted by Austria’s Financial ...
Hidden behind the mountainous backdrop of Cambodia’s Koh Rong Island lies a serene mangrove forest within the Koh Rong Marine National Park. Within the forest, an eco-tourism community offers a unique blend of natural beauty and leisure. This tranquil retreat, managed by the Prek Kongkang Koh Rong Ecotourism Community, provides visitors with unforgettable experiences while preserving the island’s delicate ecosystem. Established in April 2021, it spans 40 hectares of lush mangrove forests. Founded through a memorandum of understanding (MoU) between the Environmental Conservation Association and the National Council for Sustainable Development, the initiative aims to bolster local livelihoods, generate income and create employment opportunities. “Our community not only enhances tourism in Koh Rong and Sihanoukville but also plays a vital role in conserving mangrove forests and biodiversity on the island,” explained community chief Sok Sreng. With nearly 4,000 residents on Koh Rong, the project also strengthen...