2022-10-22 05:55 |
The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption.
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The 40% growth in crypto adoption by Latin American countries over the past year was largely driven by remittances. The post Remittance Payments Driving Crypto Adoption in Latin America appeared first on BeInCrypto.
2022-10-20 20:10 | |
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The path to mass cryptocurrency adoption passes through remittances, but it may not happen any time soon.
2021-10-21 17:07 | |
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MoneyGram, Western Union and similar companies have been eating away 1.5% of El Salvador's GDP on remittance fees annually; will this change with Bitcoin adoption?
2021-9-10 13:24 | |
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Money services providers could lose $400 million a year in commissions for remittances thanks to bitcoin, increasing Salvadorans’ money.
2021-9-9 18:51 | |
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The executive president of the region's development bank said, “everyone is watching” if Bitcoin adoption helps El Salvador reduce the cost of remittances so that they can also adopt the cryptocurrency.
2021-8-25 20:55 | |
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Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender.
2021-8-25 12:49 | |
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BofA sees four upsides to Bitcoin adoption in El Salvador, including remittances, financial digitalization, and foreign investments.
2021-8-3 19:01 | |
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The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians toward Bitcoin and crypto adoption.
2020-12-18 15:31 | |
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While media coverage focuses on Bitcoin, stablecoins are halving a field day in Q2 as the primary go-to option for remittances and hedging against fiat money inflation. A new report by the crypto trading platform, eToro in partnership with The Tie stated that stablecoins have become a safe haven for both businesses and individuals for two […]
2020-7-24 16:44 | |
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This month Bitcoin. com launched two services that help facilitate bitcoin cash adoption and crypto remittance via email. In a recent video on June 5, Bitcoin. com’s Roger Ver showcased gifts.
2020-6-30 02:28 | |
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India is one of the fastest-growing cryptocurrency markets in the world, according to a recent report by Coinpaprika and OKEx. The trend will likely continue as the government has recently made a u-turn by endorsing crypto operations.
2020-5-27 17:06 | |
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SBI Remit a money transfer service that’s powered by Ripple has announced a partnership with Japan-based Fukushima Bank. The bank will now be in charge of SBI’s international remittance services. SBI’s commitment to prioritizing the adoption of new technologies is evident as they have already adopted Ripple’s distributed ledgers. This according to them will make […]
2020-2-28 17:14 | |
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The Litecoin Foundation hopes to drive LTC adoption in Asia through the new partnership with MeconCash
2020-2-29 15:29 | |
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Entrenched interests stand to lose out should cryptocurrency find a foothold in consumer transactions and cross-border payments. SWIFT processed over $300bn worth of transactions daily in 2018, according to its annual review.
2019-10-12 22:00 | |
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First Abu Dhabi Bank (FAB) has released Payit, a digital wallet that allows for P2P transfer and international remittances at cheap costs and fast processing time. The bank has also tied up with MoneyGram, which recently had a ten percent stake bought out by Ripple Inc.
2019-7-2 23:00 | |
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Ripple, one of the prominent players in the FinTech industry, continues to make strides in the cross-border payment settlement ecosystem. The firm recently announced a partnership with MoneyGram, a money transfer company headquartered in Dallas.
2019-6-19 17:30 | |
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The UnionBank of the Philippines, one of the leading financial institutions in the country, has launched a two-way bitcoin automated teller machine (ATM), according to a story in local media outlet Philstar.
2019-2-12 00:10 | |
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Mexican startup Airtm will launch a campaign to raise donations for Venezuelans, a country whose poor monetary policies have plagued it with hyperinflation. Called the AirdropVenezuela.
2018-11-28 19:29 | |
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What follows is an open letter from Jimmy Zhong, co-founder and CEO of IOST, to his team members and shared with Bitcoin Magazine with permission. Recently, I’ve been thinking about an ultimate way of safely storing value — gold, Bitcoin, real estate and power all came to mind.
2018-8-23 22:20 | |
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