Bitcoin News / Bitcoin Magazine - 1 year ago
U.S. users of Strike can now use Send Globally to send instant, cheap remittances to loved ones in the Philippines.Strike, the leading digital payment platform built on Bitcoin's Lightning Network, has announced the expansion of its "Send Globally" p...
Cryptocoins News / The Cointelegraph - 1 year ago
This marks the second “Big Four” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy. National Australia Bank (NAB...
Bitcoin News / Bitcoin.com - 1 year ago
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated...
Bitcoin News / Bitcoin.com - 1 year ago
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626 billion, the World Bank Migration and Development Brief has said. Africa, where the cost of sending $200 averaged 7.8%...
Bitcoin News / Bitcoin Magazine - 1 year ago
People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network.Bitcoin payments app Strike said in a statement Tuesday that it had launched Send Globally, a new feature t...
Bitcoin News / Bitcoin.com - 1 year ago
Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.” The evolution of RippleR...
Cryptocoins News / The Cointelegraph - 1 year ago
Trademark applications seem to hint at an asset and commodities exchange, insurance, and Western Union’s own token as it faces increasingly diverse competition in the remittances market....
Cryptocoins News / The Cointelegraph - 1 year ago
The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption....
Bitcoin News / Bitcoinist - 1 year ago
In recent years, payment company Ripple has seen important growth due to its XRP-based solution On-Demand Liquidity (ODL). In collaboration with exchange platforms and other partners, the company has provided people across the world with an alternati...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
South Korean authorities have launched a probe into the Bitcoin ‘Kimchi Premium.’
The investigations cite that the Kimchi Premium was used to make profits that were transferred abroad through illegal remittances.
Authorities in South Kor...
by COINS NEWS - 1 year ago
tldr; El Salvador's Central Reserve Bank has reported that remittances from Salvadorans residing abroad totalled $52 million in the first five months of this year. The Central Bank President Douglas Rodríguez said that the country's digital wallet s...
Cryptocoins News / The Cointelegraph - 1 year ago
Salvadorans living abroad hsent over $50 million in remittances from January to May this year, according to the El Salvador Central Reserve Bank.
Douglas Rodríguez, president of the El Salvador central bank, unpacked the general economic outlook for...
Bitcoin News / Google News Bitcoin - 1 year ago
Salvadorans living abroad hsent over $50 million in remittances from January to May this year, according to the El Salvador Central Reserve Bank.
Douglas Rodríguez, president of the El Salvador central bank, unpacked the general economic outlook for...
Bitcoin News / Bitcoinist - 1 year ago
In recent years, major corporations have been looking for ways to incorporate cryptocurrencies into their operations. So naturally, these companies want the benefits of blockchain without having any responsibility or risk associated with them –...
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 / 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 / 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...