Cryptocoins News / The Cointelegraph - 1 year ago
Digital cash systems built on the blockchain must retain the qualities of physical money in order to attract more users in developing countries — and must be able to do so without regulatory constraints — according to Circle CEO Jeremy Allaire. In a...
Cryptocoins News / Blockchain - 1 year ago
Nigerian fintech startup Afriex has closed a $10 million in a Series A round for a $60 million valuation.
Afriex has raised a total of $1.3M in funding over three seed rounds. Investors in this Series A financing, including Sequoia Capital China an...
Cryptocoins News / Blockchain - 2 years ago
Two of US stock trading app Robinhood’s former employees on Wednesday announced the launch of money transfer service Atlantic Money to solve challenges that users experience while transferring money globally.
Neeraj Baid and Patrick Kavanagh descri...
Bitcoin News / Bitcoin.com - 2 years ago
A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations i...
Bitcoin News / Bitcoin.com - 2 years ago
Coinbase, a leading U.S.-based exchange, has announced it will now allow remittance receivers in Mexico to cash out the funds received through its service in local currency. This marks the first foray of the company into the Mexican remittance busine...
by COINS NEWS - 2 years ago
Cryptocurrencies is already changing the remittance processes in the world. I have my boss' maid using USDT & USDC to transfer their monies out of the country and back to their hometown. Coincidentally, I'm handling a foreign bank account...
Cryptocoins News / NewsBTC - 2 years ago
The Bitcoin remittance business is blowing up all over the world. South African financial website moneyweb brings us the report directly from the oldest continent. The conditions that led to El Salvador making Bitcoin legal tender are present all ov...
Cryptocoins News / The Cointelegraph - 2 years ago
A former lawmaker from the island nation wants to use Bitcoin to secure his country’s financial security. A former member of the Tongan Parliament is behind a proposal...
Bitcoin News / Bitcoin.com - 2 years ago
Tap Send, the creator of a remittances app of the same name, revealed it has raised $65 million in a Series B funding round. The fintech firm plans to use the funds to build a cheaper and faster cross-border money transfer platform.
Remittances to O...
Bitcoin News / Bitcoin.com - 2 years ago
Nigeria is once again Sub Sahara Africa’s biggest recipient of remittances into the region where the money transfers went up by 6.2 percent to $45 billion, a new World Bank report has shown.
The Impact of Nigerian Policies on Remittances...
Bitcoin News / Bitcoin.com - 2 years ago
The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF) has said.
Covid-19 Another Contributing...
Cryptocoins News / CoinJournal - 2 years ago
Stellar, the blockchain network dedicated to facilitating cheap cross-border financial transactions, is set to enable two more remittance channels between Europe and Africa.
According to an announcement released October 25, the Stellar Development Fo...
Cryptocoins News / The Cointelegraph - 2 years ago
Flutterwave is teaming up Tempo Payments to use USDC on Stellar to target Africa’s enormous remittances market. The Stellar Development Foundation (SDF) has announced...
by COINS NEWS - 2 years ago
To date, the country has bought Bitcoins several times: On 07-Sep-2021: 400 BTC for $21M On 08-Sep-2021: 150 BTC for $7M On 20-Sep-2021: 150 BTC for $6.4M Total so far: 700 BTC for $34.4M At the current price of $61,389; these 700 BTC is now worth $4...
Cryptocoins News / The Cointelegraph - 2 years ago
The path to mass cryptocurrency adoption passes through remittances, but it may not happen any time soon. Cryptocurrency adoption has been growing for a number of reas...
Bitcoin News / Bitcoin.com - 2 years ago
Moneygram, one of the leaders in the cross-border payments and remittances market, has partnered with the Stellar Development Foundation to use the Stellar blockchain for settlements. The company will use the native version of USD coin (USDC), a popu...