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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.
Employing Bitcoin could revolutionize the remittance industry for Mexican immigrants in the United States.
Bitcoin Remittances to Mexico See Huge Potential
Joël Valenzuela
2015-12-21T15:09:00+00:00
1095
Vishal Gupta, Founder of Bitcoin Alliance India, on the main problems with Bitcoin and Blockchain development in India
Legal Limits with Remittances in India Affect Synergies with Bitcoin and Blockchain
Nina Lyon
2015-12-02T10:54:00+00:00
789
Former bitcoin miner and transaction processor Digital CC has terminated all bitcoin related operations by rebranding to Digital X to focus on its remittance pr...
Digital CC Abandons Bitcoin, Rebrands to Digital X
Joseph Young
2015-10-29T10:16:01+00:00
918
Philippines-based universal Bitcoin company Satoshi Citadel Industries’ startup Rebit.ph has partnered with Shapeshift.io, enabling its users to send remittance...
Altcoin Remittances Arrive: Shapeshift.io Partners with Phillippines’ Rebit.ph
Joseph Young
2015-10-01T14:06:47+01:00
755
American real estate mogul and presidential hopeful Donald Trump has announced his intentions to impound all remittance payments derived from “illegal wages” an...
Donald Trump Vows to Clamp Down on Mexican Remittances
Joseph Young
2015-08-20T19:18:58+01:00
634
MarilynJean Media Interactive (MJMI.qb) announced on July 24 plans to enter the lucrative international remittance market using bitcoin.
First Publicly Traded Company Targets Western Union with Bitcoin
Barry Dolphin
2015-07-27T12:39:41+01:00
698
Founded by Ruben Galindo and Antonio Garcia of Mexico City, AirTM is a service that depends on the Bitreserve API to make transfers from the “new money” in the ...
AirTM: ‘Focusing on Harsh Currency Regimes’ of South American Remittance Market
Walid Dib
2015-07-13T20:28:20+01:00
1379
A new Bitcoin remittance service has started in Vietnam called Cash2vn. Created by Bitcoin Vietnam Co. Ltd.
Cash2vn Is Bringing Bitcoin’s ‘Core Value’ of Borderless Transactions to Vietnam
Jamie Redman
2015-06-20T15:01:00+01:00
991

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