Search Results for: remittance

Zimbabwean Blockchain Startups Launch Service to Help Migrants Efficiently Move Funds Across Borders

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Two Zimbabwean startups, Flexid and Uhuru Wallet, recently launched a platform that offers digital identity and remittance services to migrants living and working in South Africa. The two startups hailed what they’ve described as the “first cross-chain collaboration between the two…

Los intercambios de criptomonedas permiten a los rusos eludir las sanciones, Informe alega

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Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis…

Informe del FMI sobre la adopción de Bitcoin en El Salvador: Riesgos Evitados, pero se necesita transparencia

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Según una reciente declaración de misión publicada por el Fondo Monetario Internacional (FMI), El Salvador ha adoptado bitcoin como moneda de curso legal y ha evitado riesgos hasta ahora. The IMF states that the risks have not materialized due to the limited use…

Fintechs representaron más 30% de las empresas emergentes tecnológicas de Kenia rastreadas en 2022 - Estudiar

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As of November 2022, Kenyan fintechs accounted for 30.2% o 93 fuera de 308 tracked tech startups, a Disrupt Africa study recently found. Además, the study findings show that the fintech sub-sector alone accounted for 3,100 o 27% of…

Bitso Partners With Felix Pago to Offer Whatsapp-Based Remittance Services Between Mexico and US

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Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to put nearly instant chat-based remittances in the hands of Mexican and US users that might…

Remesas a países de bajos y medianos ingresos en 2022 Subido por 5% a $626 Miles de millones: último informe del Banco Mundial

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Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% a $626 mil millones, the World Bank Migration and Development Brief has said. África, where the cost of sending $200 averaged 7.8%…

Kenyan Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs

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In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigerian fintechs, Flutterwave and Chipper Cash. The letter reiterates…

Por qué los migrantes recurren a las criptomonedas: La clave para lograr el objetivo de la ONU de reducir los costos de las remesas a menos de 3% por 2030

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The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. Por otra parte, la…

Reporte: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

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The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme…