Remittances
Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network
The service is currently available in the U.S., U.K., EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”
Strike Expands Lightning Network-Powered Remittances to Philippines
The Philippines is one of the world’s largest remittance markets, at $35 billion, and Strike says it will use its service, powered by the Bitcoin blockchain's Lightning Network, to make the international payments faster and cheaper than available in the traditional financial system.
Circle, Uniswap Research Says DeFi Can Solve $2T FX Risk Problem
A paper by researchers at the digital-assets firms says DeFi and blockchain technology could also reduce cross-border remittances costs by $30 billion a year.
Japan Greenlights Tougher Anti-Money-Laundering Rules for Crypto
A cabinet decision to revise six foreign-exchange laws closely follows a government plan to introduce new rules for remittances, all aimed at tightening AML measures for crypto.
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.
Exchange latinoamericano Bitso lanza servicio de remesas con criptomonedas en Colombia
La compañía lanzó un producto similar en México el año pasado.
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.
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.
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.
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.
