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Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
21.8.2020
Nigeria’s weakening naira currency, as well as the shortage of U.S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential...
Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey
15.7.2020
Bank of England (BoE) Governor Andrew Bailey said Monday that the institution is still debating whether it should create a central bank digital currency (CBDC). Speaking at a webinar event, Andrew Bailey admits a CBDC will be a reality in the next few years. He, however, does not provide a time...
Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
12.7.2020
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...
Cross-Border Payment Portal Checkout.com Is Latest to Join Libra Association
28.4.2020
Checkout.com, a digital payment processor which focuses on cross-border transactions, has become the 24th member of the Libra Association
BIS: No Central Bank Digital Currencies Focus on Cross-Border Payment
2.3.2020
None of the 17 ongoing central bank digital currency projects is focused on cross-border payments, the Bank for International Settlements says
Watch Civic’s CEO Talk About His New Cross-Border Payment System
17.1.2020
The Civic Wallet is a noncustodial money transfer system that uses your face instead of complex keys
Cross Border Payment Fintech Firm Chipper Cash Expands to Nigeria
5.9.2019
Fintech had come a long way since the days of PayPal when the payments company emerged as a novelty of sorts and took the world by storm. However, over the next decade, very few Fintech companies came along. All that changed around half a decade ago when Fintech made a remarkable comeback due...
S Korean Exchange Joins Ripple’s Cross-border Payment Network
17.6.2019
South Korean cryptocurrency exchanges are looking to expand the scope of their activities – with one of the country’s market leaders joining Ripple’s Asian blockchain pay project.
Coinone, one of the nation’s “big four” exchanges has announced that it is to join SBI-Ripple Asia, an international...