This is a big failing, because clearing and settlement account for 80% of the cost of European cross-border share trading.

ECONOMIST: The jilted exchange

Gox account setup and funds clearing which improves overall liquidity.

FORBES: Bitcoin Exchange Deal Repatriates Assets To U.S.

Then you need to account for wire sales through clearing houses like FTD or Teleflora.

FORBES: What You're Worth

India's central bank instructed the country's lenders to stop processing current-account transactions with Iran using the Asian Clearing Union, and told Indian firms they couldn't use the mechanism to pay for oil or gas imports.

WSJ: India, Iran Try New Conduit for Oil Payments