remittances Archives - NXTalpha

4 months ago

Western Union Suspends Operations in Russia, Belarus Over Ukraine War

Lubomir Tassev Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers...
5 months ago

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

Sergio Goschenko Coinbase, 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...
9 months ago

Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar

Sergio Goschenko Novi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The...
9 months ago

5 Countries Will Accept Bitcoin as Legal Tender by End of Next Year, Says Bitmex CEO

Kevin Helms By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has...
9 months ago

Nigeria Central Bank Governor Says CBDC Launch Just ‘a Couple of Days’ Away

Terence Zimwara The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple...
9 months ago

Moneygram Partners With Stellar Development Foundation to Allow Users to Make Remittances With USD Coin

Sergio Goschenko Moneygram, one of the leaders in the cross-border payments and remittances market, has partnered with the Stellar Development Foundation to use the Stellar blockchain...
9 months ago

Local Experts Say Zimbabwe Not Softening Its Stance on Cryptocurrency Just Yet

Terence Zimwara Zimbabwean crypto and economic experts have suggested Finance Minister Mthuli Ncube’s positive comments about cryptocurrencies do not necessarily mean monetary authorities are about to...
9 months ago

Kenyan Fintech Player: ‘Banking the Unbanked’ Is the Most Important Use Case for Digital Currencies in Africa

Terence Zimwara The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement,...
10 months ago

Africa Has Some of the ‘Highest Grassroots Adoptions in the World’ — Chainalysis Crypto Preview

Terence Zimwara While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region...
11 months ago

Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges

Kevin Helms Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and...

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