A 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.
Remittances News
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The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.
7474 - News
Fiji elects a pro-Bitcoin prime minister, signaling a positive future for Bitcoin adoption in the pacific island nation.
9184 - News
Inflation has fueled crypto growth in the region, stimulating asset tokenization and remittance infrastructure development.
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On stage at AfroBitcoin, Strike CEO Jack Mallers announced plans to improve remittance payments into Africa thanks to Bitcoin’s Lightning Network.
5666 - News
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.
4207 - Use Case
High transaction fees stand in the way of crypto achieving its full potential and being embraced by the masses — but it is possible to make transfers for free.
3354 - News
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.
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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.
2616 - Analysis
Mexico has a burgeoning crypto remittance market that has immense potential.
6189 - Analysis
Vietnam has the highest crypto adoption rate in the world. There are numerous factors driving the trend.
5061 - Analysis
The Taliban have finally banned crypto in Afghanistan, but many users and traders call it one of the “worst” policy decisions made by the government so far.
2668 - Sponsored
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.
2605 - News
South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges.
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Ripple has continued to see adoption for its remittance technology from private institutions despite the ongoing lawsuit in the United States.
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