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 JPMorgan Chase CEO Jamie Dimon Remains Cautious on the U.S. Economy READ MORE Crude Futures Decline as Israel Holds Back from Retaliating Against Iran READ MORE Treasury Yields Dip Ahead of Fed Rate Decision READ MORE FTX Alum Buys Titanic's Gold Watch for Record $1.5 Million READ MORE Japan Raises Interest Rates for First Time in 17 Years READ MORE Add a Comment Cancel replyYour email address will not be published.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