remittances – DIGIT INFO

Ghanaian Fintech Startup Zeepay Secures $3 Million Equity Investment

The Ghanaian fintech startup Zeepay recently secured a $3 million equity investment from the venture capital firm, Verdant Capital Hybrid Fund. Zeepay plans to use the raised funds to bolster its standing as it prepares for significant growth in 2024. Solidifying Zeepay’s Position in Africa The Ghanaian fintech startup, Zeepay, recently secured a $3 million […]

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Solomon Islands, Soramitsu team up for Bokolo Cash CBDC proof-of-concept

The Solomons join tiny island nations worldwide at the forefront of CBDC development. Soc A new CBDC joins the very large crowd.

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Ripple exec reiterates need for tech-neutral crypto regulations

Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative use cases can help crypto companies navigate through varying regulations.

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Ripple, Onafriq partner for new payment corridors for Africa, UK, Australia and Gulf

The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners.

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Crypto remittances offer cheaper alternative, but still face challenges to adoption

Crypto remittances are a lifeline for many people who need to send money to their loved ones, as they provide faster, cheaper and more transparent transactions than traditional methods.

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South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners

The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real time in its second stablecoin pilot project.

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Paxos and MercadoLibre partner up to bring USDP to Mexico

The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users.

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TBD and Yellow Card to Enable Fiat On and Off-Ramp Payments in 16 African Countries via BTC

TBD and the Africa-focused cryptocurrency exchange platform Yellow Card recently partnered to launch a fiat on and off-ramp that enables payments in some 16 African countries through Bitcoin rails. The objective of this arrangement is to make cross-border payments not only more affordable and accessible, but compliant as well. Hedging Against Inflation With BTC TBD, […]

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Crypto could eliminate 97% of traditional remittance fees: Coinbase

U.S. consumers sending international bank transfers pay more than $12 billion annually in remittance fees alone.

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Africa: The next hub for Bitcoin, crypto adoption and venture capital?

Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it.

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