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Japanese Exchange FXCoin and SBI to Pilot Crypto Remittance Platform
4.11.2020
Japanese crypto exchange FXCoin is teaming up with a number of companies including the financial giant and exchange operator SBI to work on a price volatility-resistant cryptoasset remittance solution.
Per Nikkei, the exchange will begin a pilot for its new solution later this month, with...
Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform
2.11.2020
Venezuela says it will incorporate bitcoin and litecoin wallets to its Patria’s Cryptocurrency Remittance Platform. In an update, authorities in the country say this move will enable Venezuelan citizens to formally receive remittances in cryptocurrency form. Many citizens of hyperinflation...
Venezuela Expands Scope of its Remittance Platform With Bitcoin & Litecoin
30.10.2020
The Venezuelan government is set to overhaul its crypto-compatible remittances platform Patria – allowing full operability with bitcoin (BTC) and litecoin (LTC) wallets.
The platform allows individuals based overseas to send remittances to family and friends based in Venezuela – and also enables...
Remittance Costs Lower in Q3 World Bank Study Shows – Only Cryptocurrencies Meeting UN Goal
30.10.2020
The latest study by the World Bank shows that it costs 4.98% on average to remit funds to South Asia which makes it the least expensive region while sub-Sahara Africa is the most expensive with an average cost of 8.47%. The quarterly study also finds that it is costlier to remit funds when using...
Cuban freedom fighters launch underground Bitcoin remittance network
27.10.2020
Fiat trades are often completed for a sizable fee by bike-riding crypto enthusiasts
Standard Chartered Picks Ant, not Ripple, for New Remittance Service
10.9.2020
Source: Adobe/Игорь Головнёв
British bank Standard Chartered has teamed up with mobile financial service firm bKash and Malaysian digital remittance provider Valyou to launch the first blockchain-based cross-border remittance service in Bangladesh – choosing Chinese giant Ant Group as its tech...
Small value crypto transfers in Africa have increased by 55%
10.9.2020
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year
Bangladesh to get its first blockchain remittance service
9.9.2020
Standard Chartered Bank has launched the first remittance service in Bangladesh
Venezuela Blocks Access to Coinbase and Remittance Service MercaDolar
9.9.2020
Venezuela has blocked access to Coinbase and MercaDolar, cryptocurrency and fiat remittance platforms respectively, alongside two VPN providers
Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge
8.9.2020
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm...
Tim Draper Heaps Praise on Bitcoin Cash
5.9.2020
Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsement comes as the Bitcoin Cash (BCH) community braces for a fork instigated...
Gifts and Remittances: Bitcoin.com’s New Tools Allow People to Send BCH via Email
30.6.2020
This month Bitcoin.com launched two services that help facilitate bitcoin cash adoption and crypto remittance via email. In a recent video on June 5, Bitcoin.com’s Roger Ver showcased gifts.bitcoin.com, a new feature that allows individuals to send BCH gift cards via email. Additionally...
Ripple Affiliate Coins.ph Joins New Remittance Network Reaching Unbanked Filipinos
23.6.2020
The blockchain firm is part of an 11,000 strong network of cash-out counters launched by UnionBank of the Philippines
An Indonesian Chef and the Remittance Industry’s $554B Problem
13.6.2020
When the coronavirus forced Chef Bagus to conduct his cooking classes online, he needed a good payment system. There wasn't one, but his customers helped find a workaround
Coincheck Halts Crypto Remittance to Investigate Latest Data Breach
3.6.2020
Coincheck suffered a data breach that may have leaked users’ emails and personal information, including date of birth and phone number
Report: High Remittance Fees and Unstable Rupee Drive Crypto Adoption in India
27.5.2020
Indians are flocking to cryptocurrency due to high remittance fees and the difficulty of exchanging rupees to a more stable currency
U.S. Consumer Protection Agency Recognizes XRP’s Potential in Remittance
18.5.2020
A U.S. consumer protection agency shout outs Ripple and XRP cross-border settlements in a recent regulatory update
UAE Bank Opens Bangladesh Remittance Corridor using Ripple’s Blockchain Tech
12.5.2020
RAKBank aims to speed up remittances for Bangladeshi expats after integrating with RippleNet
MoneyGram Reports 'Quiet Quarter' For Ripple Partnership
3.5.2020
Major cross-border payments company MoneyGram has reported a “quiet quarter” with regards to its partnership with Ripple
How Blockchain Disrupts Acquiring, Remittance and Corporate Settlement
30.4.2020
An ultimate financial game-changer: Blockchain technology has dramatically changed the traditional finance industry, and there is more to come