Blockchain and crypto have a place in a partnered remittance ecosystem in Latin America, the financial services giant found.
Remittances News
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The island nations have common challenges and widely varying conditions. Just don’t use crypto, the IMF says.
11539Code Green co-founder Inna Modja explains how Web3 and art are at the vanguard of social activism and raising awareness about climate change.
1648The Solomons join tiny island nations worldwide at the forefront of CBDC development.
10529The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners.
6132Crypto remittances are a lifeline for many people who need to send money to their loved ones, as they provide faster, cheaper and more transparent transactions than traditional methods.
1635A small island nation in the Atlantic Ocean grapples with a cash economy influenced by tourism, remittances and limited resources. Can Bitcoin help?
3465The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real-time in its second stablecoin pilot project.
8502The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users.
3342A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online.
3267United States consumers sending international bank transfers pay more than $12 billion annually in remittance fees alone.
4686Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it.
4387Bitcoin Lightning Network adoption receives a boost with the launch of U.S. dollar payments and the decentralized social media platform Nostr.
6771A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in Central African Republic and expedite the development of the national economy.
8410The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.
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