cross-border transfers – DIGIT INFO

OKX bags Singapore crypto license

DIGIT — Mon, 02 Sep 2024 07:31:11 +0000

OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO.

French Central Bank Conducts Fifth Experiment on Tunisia CBDC

DIGIT — Fri, 23 Jul 2021 21:30:39 +0000

The French central bank, Banque de France (BOF), recently carried out its fifth experiment on the Central Bank of Tunisia (CBT)’s central bank digital currency (CBDC). According to a statement from BOF, the latest experiment is part of the banks’ joint effort to create conditions that are “conducive to a better inclusion of the Tunisian […]

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Russian Anti-Money Laundering Body Will Monitor Crypto to Fiat Transactions, Says Official

DIGIT — Sun, 28 Mar 2021 02:30:00 +0000

Herman Neglyad, the deputy of the Russian anti-money laundering body, Rosfinmonitoring, has said his organization will monitor cryptocurrency transactions that involve the conversion from crypto to fiat. Neglyad made this revelation during a recent meeting of the State Duma Committee on financial markets. Banks Already Cooperating According to a Russian news site, Regnum, the anti-money […]

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Putin Asks Russian Attorney General Office to Combat Illegal Cross-Border Crypto Transfers

DIGIT — Fri, 19 Mar 2021 04:30:37 +0000

The Russian President held a meeting with the attorney general’s office where cryptocurrencies came to the discussion table. Vladimir Putin raised red flags toward taking measures to prevent illegal activities on cross-border transfers with cryptos. Putin Calls Other Offices to Join the Fight Against the Usage of Cryptos for Illicit Purposes According to a transcript […]

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Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity

DIGIT — Wed, 26 Dec 2018 04:59:38 +0000

A new report by a blockchain-focused research company asserts that there has been a spike in people using cryptocurrencies to send remittances. This growth is in part due to the high costs incurred when using more traditional methods such as Paypal. Also read: Seven Cryptocurrency Trends to Look out for in 2019 Easier, Cheaper, Faster The […]

The post Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity appeared first on Bitcoin News.

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Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes

DIGIT — Wed, 04 Apr 2018 23:00:58 +0000

After the Chinese government banned local bitcoin exchanges from operating in the country some industrious people have begun going abroad to buy the cryptocurrency and reselling it in China for a premium. There are now so many of these ‘bitcoin mules’ that their profit margins are rapidly declining. Also Read: Okex Fights Market Manipulation […]

The post Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes appeared first on Bitcoin News.

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