News
Speaking on a panel as part of the Senate inquiry into “Australia as a Technology and Financial Centre,” three crypto firms outlined their de-banking experience in Australia.
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Remittances News
A remittance is a payment document, such as a bank draft, check, money transfer, etc., which is made in a foreign currency. Remittances are delivered to a debtor or remitter in his/her national currency by the third party and then are sent to the foreign creditor to pay arrears. With the appearance of digital cryptocurrency, such as Bitcoin — now functioning as a third, independent currency — the era of the remittances industry, including other kinds of international money transfers, has reached a turning point. By using modern technological systems, it is easy to convert money into any possible fiat currency with Bitcoin without even leaving home. Also, virtual transactions prevent robbery, loss or damage of money and provide quite fast confirmations.
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Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender.
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The new cross-border remittance corridor will be hosted on the Stellar blockchain and serve around 600 million customers.
11671 - Video
Cointelegraph traveled to El Salvador to investigate whether citizens believe its new Bitcoin Law will be beneficial to the nation's economy.
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Steve Hanke slammed El Salvador’s Bitcoin adoption as legal tender and questioned how Bitcoin would function in day-to-day transactions.
20828 - News
Remittance firms operating in El Salvador appear reluctant to support Bitcoin despite the country’s new law mandating the crypto asset as legal tender.
16845 - Sponsored
This all-in-one DeFi platform wants everyone to benefit from crypto — delivering easy-to-understand educational resources alongside a suite of products.
13625 - Sponsored
A crypto platform that aims to shake up the world of overseas remittances is embracing DeFi under plans to make international transfers more affordable.
3744 - Altcoin Watch
TEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap.
68375 - Use Case
There’s often talk about how decentralized finance could eliminate the need for traditional banks… but what if DeFi could enhance their digital services?
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The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians toward Bitcoin and crypto adoption.
15973 - News
Ripple's partnership with MoneyGram may not be as warm as it once was, but it's paying off.
41674 - Explained
What are the main advantages that crypto can offer when making cross-border payments, and what are the main challenges for consumers?
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Fiat trades are often completed for a sizable fee by bike-riding crypto enthusiasts.
3658 - Sponsored
The CEO of a fintech company has a vision and mission of helping to build regulated crypto, and bridging fiat solutions with DeFi concepts.
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