Результатов: 397

Tensions Grow In El Salvador Over The Bitcoin Gamble

El Salvador will become the first country that adopts Bitcoin as its legal tender in September. However, several warnings are coming from the economist over the risks such a move poses. According to John Hopkins University findings, paying remittances with Bitcoin will be more costly than the usual traditional method. Also, another survey revealed that […] дальше »

2021-9-6 01:15


Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries

El Salvador adopting Bitcoin (BTC) as a parallel legal tender to the US dollar in September could substantially lower the costs of remittances that are a vital source of income for millions. The post Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries appeared first on CryptoSlate. дальше »

2021-8-27 22:00


Ripple (XRP) will now scale remittances between Korea and Thailand

A major South Korean remittance service provider partnered up with Ripple in a bid to power up payments between the country and Thailand.  Set to expand into additional remittance corridors, GME Remittance joined a flock of Korean financial institutions and money transfer companies already on RippleNet, as the blockchain-based payments company continues bolstering its presence […] The post Ripple (XRP) will now scale remittances between Korea and Thailand appeared first on CryptoSlate. дальше »

2021-8-12 04:00


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Ripple Partners with SBI Remit to Launch First ODL Corridor in Japan

On July 28, 2021, leading blockchain company Ripple announced the launch of RippleNet’s first-ever On-Demand Liquidity (ODL) corridor between Japan and the Philippines. Introducing Fast And Cheap Remittances The blockchain solutions provider will roll out the brand-new ODL service in collaboration with SBI VC Trade and SBI Remit, Japan’s biggest remittances provider. The partner ofRead More дальше »

2021-7-29 23:00


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Egypt’s Largest Bank Taps RippleNet For Instant International Remittances

The largest bank in Egypt, the National Bank of Egypt (NBE), is the latest financial institution to join RippleNet — Ripple’s blockchain payment platform — to enable cross-border payments. NBE Is Now A Ripple Customer In an announcement on Tuesday, Ripple revealed that NBE will use the San Francisco-based firm’s blockchain technology to power a […] дальше »

2021-5-19 17:50


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Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged

According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important source of foreign exchange for the oil-rich […] дальше »

2021-5-14 10:00


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South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’

The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government. The latest reports suggest that the country is planning to regulate international remittances tied to kimchi premium-driven transactions. дальше »

2021-4-22 03:30


International FX Exchange & Ripple Partner, Mercury to Boost Remittances in South Africa Using ODL

Mercury's international payments firm to utilize RippleNet On-Demand Liquidity (ODL) platform to ease remittance payments between the United Kingdom and South Africa. The post International FX Exchange & Ripple Partner, Mercury to Boost Remittances in South Africa Using ODL first appeared on BitcoinExchangeGuide. дальше »

2021-3-31 18:20


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Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use

The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances inflows as recipients opt for non-traditional corridors such as cryptocurrencies. Declining Remittances […] дальше »

2021-3-9 15:00


UAE’s Lulu International Exchange Integrates RippleNet Cloud to Enhance Indian Remittances

Abu-Dhabi based international money transfer service, Lulu Money, announced a partnership with Federal Bank, an Indian international financial service, to enhance remittances to India. The partnership will integrate RippleNET Cloud to reduce the transfer fees and introduce instant remittance payments from the UAE. дальше »

2021-2-13 23:28


LuLu Exchange and Federal Bank Enhance Cross-Border Payments Experience into India with RippleNet

At 3.5 million people, the United Arab Emirates is home to the largest population of Indian migrants globally, making the UAE the top source of remittances for India. Recognizing a need to enhance the cross-border payments experience in one of the biggest remittance corridors in the world, LuLu Exchange, a leading Abu Dhabi-based financial services … Continued The post LuLu Exchange and Federal Bank Enhance Cross-Border Payments Experience into India with RippleNet appeared first on Ripple. дальше »

2021-2-12 07:00


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Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%

The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that fail to comply. дальше »

2021-2-6 19:05