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Category remittances

MainNewsremittances
Crypto Remittances Fail to Gain Momentum in El Salvador

Crypto Remittances Fail to Gain Momentum in El Salvador

According to the Reserve Bank of El Salvador, the use of crypto to make remittances to the country has consistently accounted for less than 1% of t...
Feb, 06, 2025
by Bitcoin News
Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador

Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador

The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bu...
Sep, 24, 2024
by Bitcoin News
Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam

Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech inst...
Sep, 19, 2024
by Bitcoin News
Zimbabwe Central Bank Denies Forced Remittance Conversion Claims

Zimbabwe Central Bank Denies Forced Remittance Conversion Claims

The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their fu...
Aug, 17, 2024
by Bitcoin News
Opportunities For Bitcoin Remittance in West Africa

Opportunities For Bitcoin Remittance in West Africa

A look at the ECO West African currency initiative, and how Bitcoin can more efficiently fulfill the goals of the program.
Aug, 06, 2024
6 min read
by Bitcoin Magazine