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Category: international money transfers
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African Migrants Are Turning to Cryptocurrency Platforms for ‘Low-Fee Remittances’
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Currency Depreciation to Blame for 7.2% Drop in Global Remittances: World Bank Supports Digital Remittances
According to a new report, the depreciation of some currencies against the U.S. dollar is contributing to the declining international remittances. After touching an all-time high of $548 billion in 2019, the World Bank report now projects remittances to drop 7.2% in 2020 to $508 billion and a further decline of 7.5% to $470 billion […]
The post Currency Depreciation to Blame for 7.2% Drop in Global Remittances: World Bank Supports Digital Remittances appeared first on Bitcoin News.
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Revolut Raises $250 Million, Adds Bitcoin Cash (BCH) and XRP
The European alternative banking app designed for the globally mobile generation, Revolut, has just secured a major infusion of capital. With the new funding at hand the startup will be expanding to new markets around the world and add new features such as support for BCH and XRP to its crypto service. Also Read: Binance […]
The post Revolut Raises $250 Million, Adds Bitcoin Cash (BCH) and XRP appeared first on Bitcoin News.
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