News list for " Remittance"
Nasdaq-listed digital asset finance company SOLOWIN announced that it has reached an equity investment agreement with Singapore's cross-border transfer agency GPL Remittance to acquire 19% of its equity. The specific investment amount has not been disclosed. The latter currently holds a major payment institution (MPI) license issued by the Monetary Authority of Singapore (MAS). Previously, SOLOWIN has announced that it will jointly launch a bitcoin quantitative fund with a scale of 100 million U...
纳斯达克上市数字资产金融公司SOLOWIN宣布与新加坡跨境支付机构GPL Remittance达成股权投资协议收购其19%的股权，具体投资金额暂未披露，后者目前持有新加坡金融管理局（MAS）颁发的主要支付机构（MPI）牌照。 此前消息，SOLOWIN已宣布将联合推出一支规模为1亿美元的比特币量化基金，并且将采用数据驱动的算法交易策略投资比特币。
Huma Finance extends to the Solana blockchain to provide instant liquidity support for scenarios such as cross-border remittances, digital asset credit cards, and global t + 0 payments. The protocol is already running on Ethereum Layer 2 networks such as Polygon, Celo, and Scroll.
Salvadorans still prefer to use the US dollar as the basis for sending and receiving remittances, according to the latest Statistical Report on Household Remittances from the Central Reserve Bank of El Salvador. The report found that only 1.1% of all remittances sent to El Salvador included cryptocurrency, indicating that most were using other means. The report confirms that the amount of cryptocurrency remittances has been declining since Salvadorans received the digital currency 84.80 million ...
Tether announced a $3 million strategic investment in Kem, a remittance and financial management platform, which will enable Kem App to launch USDT on its platform to drive its widespread adoption in the Middle East, primarily to improve economic conditions in neighboring countries such as Kuwait, Bahrain, Saudi Arabia, Qatar and Iraq.
In the past decade, Venezuela has become one of the countries in South America that relies heavily on remittances. A study by the Inter-American Dialogue shows that about 30 percent of Venezuelan households have started to receive remittances after the country faced a sharply rising migration crisis. According to blockchain analytics firm Chainalysis, the amount of money transferred through cryptocurrency last year may have reached 9 percent of all remittances, a record high. According to the Ve...
