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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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Despite being slow and expensive, international remittances hit high records in 2017. A fintech company says crypto can deliver much-needed improvements #SPONSORED
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“No more bank transfer delays.” A digital money platform is offering instant international money transfers for eight cryptocurrencies, 23 fiat currencies, and four commodities #SPONSORED
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Ripple’s use for cross-border remittances could soon extend between Japan and Brazil
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Japanese insurance company Sompo has partnered with stalwart pan-African crypto-enabled remittance platform BitPesa
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Kubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday. The platform, which supports six digital coins, including BCH and BTC, will initially be available to users in Nigeria, before the company expands it to other African countries in the coming months. Also read: Billion-Dollar Startups […]
The post Nigerian Startup Kubitx Launches Bitcoin Exchange in Beta appeared first on Bitcoin News.
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Bitcoin is pushing the boundaries of economic change in Africa. In East Africa, a new deal between digital currency exchange Bitpesa and a Japanese firm shows Kenyans are using bitcoin to pay for used Japanese cars, cosmetics and electrical gadgets. In Nigeria, Sure Remit is helping make cash transfers cheaper and in Zimbabwe, TV subscriptions, […]
The post Pushing the Boundaries of Economic Change: Bitcoin as a Medium of Exchange in Africa appeared first on Bitcoin News.
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A study has detected stability in the amounts of bitcoin held for both speculation and investment during the last several months through August. Also in The Daily, Opera launches its much-vaunted desktop browser with built-in crypto wallet, a new service offers Venezuelans SMS-controlled platform for cryptocurrency remittances, and website-building platform Wix integrates coin payments for […]
The post The Daily: Speculators and Investors Hodl, Venezuelans Send Crypto With SMS appeared first on Bitcoin News.
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At an annual international conference for regulators in Seoul, the South Korean Financial Supervisory Service urged regulators from 14 other countries to create an international discipline system for cryptocurrency and initial coin offerings. The Korean government also outlined its current crypto countermeasures and pushed for better information sharing and international cooperation. Also read: Yahoo! Japan Confirms […]
The post South Korea Urges 14 Countries to Create International Discipline System for Crypto appeared first on Bitcoin News.
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A Brussels-based think tank has urged the European Union to adopt common crypto regulations. Its report will be reviewed during this week’s meeting of the EU finance ministers in Vienna. Also in The Daily, the Eurasian Economic Union may adopt a single settlement currency, possibly a crypto, Samsung Pay offers a tokenized money transfer service […]
The post The Daily: EU Urged for Common Crypto Rules, EEU Ready for Common Crypto appeared first on Bitcoin News.
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