Remittances


Policy

Japan to Toughen Remittance Rules to Fight Money Laundering Using Crypto: Report

The new rules would require crypto exchange operators to share customer information when assets are transferred between platforms.

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Finance

Exchange latinoamericano Bitso lanza servicio de remesas con criptomonedas en Colombia

La compañía lanzó un producto similar en México el año pasado.

Bandera de Colombia. (Flavia Carpio/Unsplash)

Finance

Bitso procesó $1000 millones en remesas cripto entre EE. UU. y México en el primer semestre de 2022

El exchange planea captar el 10% del mercado de transferencias internacionales enviadas al país latinoamericano para 2023.

Bandera de México. (Jorge Aguilar/Unsplash)

Finance

Bitso Processed $1B in Crypto Remittances Between Mexico and the US so far in 2022

The company hopes to capture 10% of global money transfers to the Latin American country by 2023, up from 4% earlier this year.

Bandera de México. (Jorge Aguilar/Unsplash)

Finance

Tether Enters Latin America With Mexican Peso-Pegged Stablecoin

The country’s multibillion-dollar remittances business and difficulties in transferring money create a “unique opportunity," the company said.

Bandera de México. (Alexander Schimmeck/Unsplash)

Layer 2

Mexican Remittances Are the Continent’s Largest; Crypto Companies Want a Cut

Bitso, Coinbase and Circle have launched new services tapping into the steady money flow between Mexico and the United States, and taking on established players like Western Union. This piece is part of CoinDesk's Payments Week.

(Jezael Melgoza/Unsplash)

Finance

You Would Understand Bitcoin if You Were Under Cuba’s Embargo

More than 60 banks and fintechs rejected me just for my nationality. Bitcoin fixes that.

Habana, Cuba (Spencer Everett/Unsplash)

Finance

Facebook’s Novi, Strike’s Bitcoin App Spell Trouble for Western Union, Analyst Says

BTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.

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Markets

EU-Thailand Remittance Corridor Opened on Stellar Blockchain

Velo Labs has joined with TEMPO Payments and Bitazza to facilitate transfers on the Stellar blockchain.

Bangkok

Markets

Top South Korean Money Transfer Firm Joins RippleNet to Further Remittances to Thailand

Ripple is focusing on Asia, which the company has said is its fastest-growing market.

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