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USD 515M Crypto Fund, Blockchain-Powered Remittance Pilot + More News
30.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
a16z crypto, the crypto arm of venture capital giant Andreesen Horowitz, has raised USD 515 million for its second...
BRI Remittance Brings Digital Identity to Banking With Blockchain Partnership
4.4.2020
Blockchain-based digital identity solutions are in fashion — an Indonesian bank has become the latest to drive business growth and facilitate 24-hour remittances
Thai Remittance Platform Starts Processing Ripple Payments
19.3.2020
DeeMoney has become the first non-banking institution to use RippleNet in Thailand
Money Sender Azimo to Use Ripple Tech and XRP for Philippines Remittance Corridor
27.2.2020
European money transfer service Azimo is tapping Ripple's On-Demand Liquidity and XRP to speed up remittances to the Southeast Asian nation
Ripple ‘Enters’ S Korean Blockchain Biz with Remittance Startup Deals
26.2.2020
Ripple (XRP) says that it has arrived on the South Korean blockchain scene in earnest after penning deals with a number of startups in the country.
The American company has inked agreements with Sentbe, Hanpass and WireBarley, three South Korean companies that work on overseas remittance...
MoneyGram Reveals Real-Time Remittance Tech, Based on Visa not Ripple
16.2.2020
MoneyGram’s COO told Cointelegraph that Ripple is not involved in its latest real-time settlements product
Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies
14.2.2020
In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital...
Egyptian National Bank Turns to Blockchain to Boost Remittance Business
12.2.2020
Ripple has onboarded the National Bank of Egypt to its blockchain powered cross-border payments network, RippleNet
Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests
5.2.2020
Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong...
Intermex Partners With Ripple for XRP-Based Remittance Corridor
5.2.2020
Intermex has said it will use use RippleNet for its U.S.-Mexican remittance corridor
Asian Conglomerates Lead $31M Round for Blockchain Remittance Firm Lightnet
13.1.2020
Lightnet, the company behind the Velo Protocol, has just raised $31.2 million from some of Asia's biggest firms
Ripple-Based Remittance Firm SendFriend Claims to Save Up to 80% in Fees
14.12.2019
SendFriend has managed to save up to 80% in remittance fees using XRP
Dash Mexico Joins Hands With Cubobit to Launch New Remittance Platform Remezaza
16.11.2019
Dash crypto project’s Mexican arm, Dash Mexico, has announced that it is collaborating with local digital payments network, Cubobit, to launch a new crypto remittance platform called Remezaza. As per the announcement, shared via a tweet by a prominent member of the Dash Mexico community Roel...
10% of MoneyGram’s US-Mexico Business is Crypto-Enabled
9.11.2019
10% of MoneyGram’s US-Mexico business is crypto-enabled
US Politician Uses Crypto to Buy Cannabis for Tax Remittance Demo
12.9.2019
First steps towards cannabis tax remittances via stablecoin in California as local politician buys cannabis using cryptocurrency
Panerora ICO Is Pushing Out Banks from the Remittance Industry
11.9.2019
The impact of fintech became very noticeable in the past few years. The blockchain-based services have not only started to take portions of the banking markets, but have also become a top choice for nonbank markets as well. With so many in need of banking services, especially on the African...
Venezuela: Gov’t Crypto-remittance Platform Opens as Crypto-pay Booms
28.8.2019
Cryptocurrencies are once again making the headlines in Venezuela – with a chain of pharmacies set to accept crypto pay, a government-run crypto-remittance platform now “fully operational” and a crypto-friendly department store claiming crypto pay success.
As previously reported, Venezuela’s...
Venezuelan Official Says Remittance Platform for Petro is Ready to Use
28.8.2019
A Venezuelan crypto official encourages citizens to use a Petro-friendly remittances platform
Ripple Partnership Provides New Payment Rail for UK Remittance Firm
22.8.2019
Ripple's newest partnership will enable UK remittance firm, Xendpay, to move money to Southeast Asia in real time
Santander to Introduce Ripple Powered One Pay FX Remittance Service in Latin America
19.8.2019
Santander Group, one of the largest banking conglomerates in the world, will be increasing the use of Ripple’s services, by introducing the Ripple powered remittance service, One Pay FX in Latin America. The banking giant from Spain is building a payment corridor, which would enable users Latin...