Remittances
At Davos, Crypto Is No Longer on the Outside
Cryptocurrencies have taken a prominent role at the World Economic Forum’s annual meeting in Davos, despite the mainstream finance world’s apparent contempt for the sector.
Las remesas mexicanas son las más grandes del continente; las empresas cripto quieren una parte
Bitso, Coinbase y Circle han lanzado nuevos servicios que aprovechan el flujo constante de dinero entre México y los Estados Unidos, y se enfrentan a jugadores establecidos como Western Union. Este artículo forma parte de Payments Week de CoinDesk.
Six of 10 Salvadorans Quit Using the Chivo Wallet After Getting the Bitcoin Incentive, Study Finds
“Most users who used Chivo after spending the $30 bonus do not engage with the app intensively,” the U.S. National Bureau of Economic Research reported.
How This Taiwanese Fintech Company Wants to Bridge the World Using Stablecoins
Taiwan's conservative outlook and strict regulatory environment has limited the country from being a regional financial hub like neighbors Hong Kong and Singapore. Wayne Huang, CEO of Taipei-based TradeTech fintech, discusses how his firm plans to step in to build bridges between countries for business remittances via stablecoins. Plus, insights into the larger crypto environment in Taiwan, the impact of China's crypto crackdown, and concerns of US regulations.
Should Western Union Worry About Stablecoins?
For now, stablecoins are used mostly in the speculative crypto economy. Will that change?
El Salvador’s Bitcoin Law and Impact on Remittances
El Salvador’s new bitcoin wallets could cost money services providers like Western Union and MoneyGram $400 million a year in commissions for remittances, according to CNBC. “The Hash” panel discusses the potential impact of El Salvador’s bitcoin adoption on its remittance payments and the country’s wider economy.
Thai Remittance Platform Starts Processing Ripple Payments
DeeMoney has become the first non-banking institution to use RippleNet in Thailand.
Money Sender Azimo to Use Ripple Tech and XRP for Philippines Remittance Corridor
European money transfer service Azimo is tapping Ripple's On-Demand Liquidity and XRP to speed up remittances to the Southeast Asian nation.
Intermex Partners With Ripple for XRP-Based Remittance Corridor
Intermex has said it will use use RippleNet for its U.S.-Mexican remittance corridor.
Bitspark Fades Out Following COO Maxine Ryan's Departure
The company, with operations in Hong Kong, the Philippines, Indonesia and Vietnam, will be permanently shuttering its doors on March 4.
