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Binance Launches ‘Send Cash’ Remittance Services in Latam


Binance, the largest cryptocurrency exchange by volumes traded, has announced the launch of “Send Cash,” a Latam-focused remittance service. The newly launched tool will allow users in nine countries in the region to send crypto to bank accounts of friends or family in Argentina...

Report: Tether Pivots to Bahamas’ Britannia Bank Amid US Banking Strains


In a recent report released on Tuesday, undisclosed sources detailed that the firm behind the top stablecoin in market cap, tether (USDT), is now banking with Britannia Bank & Trust. In the past month, tether’s supply has dipped by 1.3%, leaving 82.85 billion USDT in circulation....

Tether Turns to Britannia Bank & Trust Amidst US Crypto Banking Struggles


Stablecoin issuer Tether has established a banking relationship with Britannia Bank & Trust, a privately-held bank located in the Bahamas, to facilitate dollar transfers, according to unnamed sources cited by Bloomberg. Although it remains unclear exactly when the new banking relationship started...

Jamaican taxi drivers bullish on accepting Jam-Dex CBDC


Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group

Report: Nigerian Central Bank Sued for Dollarizing Economy


In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is accused of failing to stop the dollarization of the economy. According to the activist, the central bank’s unwillingness to stop economic agents from demanding U.S. dollars for domestic transactions...

Russian Banks to Quiz Central Bank on Digital Ruble Pilot Next Month


Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month. The Central Bank is facing a backlash from some sections of the banking industry after beginning “real-world” transactions with its CBDC earlier this month. The megabanks Sberbank...

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