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Nalezeno "Remittance": 116

Moneygram Distances Itself From the Ripple Turmoil With the US SEC


One of the world’s biggest remittance companies issued a statement addressing the recent turmoil between Ripple and the U.S. Securities and Exchange Commission (SEC) due to a lawsuit filed by the regulator against the crypto company. Moneygram Distances Itself From Ripple in the Midst of...

End of Western Union Remittance Service to Cuba a Boon for Crypto


As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement...

Japanese Exchange FXCoin and SBI to Pilot Crypto Remittance Platform


Japanese crypto exchange FXCoin is teaming up with a number of companies including the financial giant and exchange operator SBI to work on a price volatility-resistant cryptoasset remittance solution. Per Nikkei, the exchange will begin a pilot for its new solution later this month, with...

Venezuela Expands Scope of its Remittance Platform With Bitcoin & Litecoin


The Venezuelan government is set to overhaul its crypto-compatible remittances platform Patria – allowing full operability with bitcoin (BTC) and litecoin (LTC) wallets. The platform allows individuals based overseas to send remittances to family and friends based in Venezuela – and also enables...

Standard Chartered Picks Ant, not Ripple, for New Remittance Service


Source: Adobe/Игорь Головнёв British bank Standard Chartered has teamed up with mobile financial service firm bKash and Malaysian digital remittance provider Valyou to launch the first blockchain-based cross-border remittance service in Bangladesh – choosing Chinese giant Ant Group as its tech...

Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge


Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm...

Tim Draper Heaps Praise on Bitcoin Cash


Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsement comes as the Bitcoin Cash (BCH) community braces for a fork instigated...

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