De-Dollarization: Cross-Border Payment Platform to Include Currencies from Pakistan, India, and Chin BUNA, the UAE-based cross-border payment platform, is poised for a significant expansion by integrating currencies from Pakistan, India, China, as well as various African and European nations during 2024-2025. Announced by Fahad Al Turki, chairman of the Arab Regional Payments Clearing and Settlement Organization, at the World Governments Summit in Dubai, this initiative seeks to enhance BUNA’s connectivity with national payment systems globally. This expansion is aimed at fostering financial collaboration across continents, with UAE Minister of State for Financial Affairs, Mohamed bin Hadi Al Hussaini, emphasizing BUNA’s role in promoting investments and the usage of Arab currencies in financial transactions, while also upholding strict compliance against money laundering and terrorism financing. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Hesitation on Rate Cuts Sends Oil Markets Downward READ MORE Rising Tide of Corporate Debt Defaults: An 80% Surge in 2023 Signals Troubling Trends Ahead READ MORE Turkey Leads Central Banks in January Gold Purchases READ MORE THE SILVER BREAKOUT: Off To $48? Triple Digits? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment