Search Results for: remittance

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

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Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. El servicio, which is called Coinpago, will allow users to make payments in every store and retailer…

CBDC garantiza que Nigeria siga siendo competitiva en un mundo cada vez más digital: gobernador del banco central

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The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currency “would be necessary in the future to ensure Nigeria…

SWIFT está experimentando con tecnologías descentralizadas para permitir la interconexión de CBDC

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RÁPIDO, el protocolo de pagos interbancarios y el sistema de mensajería, ha anunciado que está trabajando para conectar las diferentes monedas digitales del banco central (CBDC) protocolos en desarrollo hoy. La empresa se ha asociado con Capgemini, un proveedor de servicios digitales, making a series of experiments…

Deutsche Bank to Exit Russia, Says There Will Be No New Business There

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Alemania’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’asalto militar a Ucrania. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine…

Coinbase to Allow Remittance Receivers in Mexico to Cash Out in Local Currency

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base de monedas, a leading U.S.-based exchange, has announced it will now allow remittance receivers in Mexico to cash out the funds received through its service in local currency. This marks the first foray of the company into the Mexican remittance business, permitiendo…

UAE Based Money Transfer Firm Announces Partnership With Ripplenet

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Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders. Al Fardan’s Reasons for Joining Ripple A United Arab Emirates (Emiratos Árabes Unidos)-based…

Pakistan Seeks to Block Websites Dealing in Cryptocurrency: Reporte

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Pakistan’s Federal Investigation Agency (FIA) is reportedly seeking to block websites dealing in cryptocurrency. The decision followed a meeting the agency had with the State Bank of Pakistan (SBP) which recently recommended a complete ban on crypto. Pakistan’s FIA Reportedly Seeks…

Revolut Launches Banking Services in Spain Featuring Deposit Insurance

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Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100k, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. La empresa,…

Devere Group CEO Predicts 3 Countries Will Adopt Bitcoin as Legal Tender This Year

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The CEO of financial advisory and asset management firm Devere Group has predicted that three countries will adopt bitcoin as legal tender this year. He is more bullish than El Salvador’s president who predicted that two countries will make bitcoin their…

El gobierno indio responde preguntas sobre las transacciones de Bitcoin, Estafa Karnataka, Legalidad del comercio de criptomonedas

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The Indian government has answered three sets of questions in parliament regarding bitcoin transactions, the high-profile bitcoin scam in Karnataka, and the legality of cryptocurrency trading and crypto exchanges in India. Mientras tanto, the winter session of parliament has begun and a…