Money Transfers News

Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct.

The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners.

The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws.

Web3 has had its ups and downs over the last few years, but does it have any real-world use cases?

A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online.

The ongoing war in Ukraine has made financial services inaccessible for many, exacerbating the need for a low-cost, efficient solution.

The Tornado Cash developer was arrested in August by Dutch authorities as part of a criminal investigation against the crypto mixer service.

Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions.

The Digital Money Institute’s third annual payments report looks at central bank digital currencies for the first time, as well as other payment methods, through the lens of cross-border payment utility.

While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks.

From one Candian coffee shop to a worldwide network of nearly 39,000, crypto ATMs have turned nine years old and are only expected to continue growing.

Some of the biggest flaws preventing present-day cryptocurrencies from mainstream adoption, pointed out by the BIS execs, are bottleneck congestion in DeFi and the reliance on volatile assets.

Millions of people could benefit from digital assets — but high fees put them off. This digital money transfer service is aiming to tackle this problem.

MoneyGram CEO Alex Holmes said the international remittances stalwart wants to be a bridge between the crypto and fiat worlds.

Experts point out sticking points as well as greatest needs in the creation of central bank digital currencies for domestic and cross-border, wholesale and retail, uses.