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Why local language education holds the key to crypto’s future
The crypto sector operates mainly in English, but more than 6 billion people — many of whom crypto would benefit the most — use other languages, writes Wei Zhou of Coins.ph.
Middle East & North Africa lead crypto adoption driven by inflation, remittance payments: Chainalysis
Emerging markets dominated the 2022 Global Crypto Adoption Index, with Latin America second in transaction volume growth.
3 reasons crypto will spring back after Crypto Winter
The crypto market has been down for months, but the industry’s long-term future is brighter than ever, writes Guilhem Chaumont of Flowdesk. Here’s why.
Getting rid of remittance fees with blockchain | The Great Disruption Ep. 08
Did you know that average global transactions cost up to 6.5% in remittance fees? This can even go up to 20% for certain countries. Some developing nations pay up to US$600 billion in remittances every year. Could blockchain offer a better option for cross-border transactions? Find out in this Forkast video explainer. What you’ll learn: […]
XRP price rises as GME joins RippleNet to expand remittances between S. Korea and Thailand
San Francisco-based payments technology company Ripple this week announced that South Korean money transfer company, Global Money Express Co. Ltd (GME Remittance), has joined RippleNet to expand remittances between South Korea and Thailand. Fast facts Some 184,000 Thai nationals live in South Korea, and they account for the third largest group of foreign nationals in […]
Hong Kong raid uncovers suspected US$155M crypto laundering scheme
Tether stablecoins linked to funds funneled to banks in Singapore and elsewhere amid worldwide cryptocurrency crime increase.
El Salvador’s BTC remittances in May quadruple from last year
Bitcoin transactions in El Salvador during May increased by more than four times compared to a year ago, yet fiat remittances still represent the vast majority of transactions in the country.
Ripple partners with Oman’s Bank Dhofar for cross-border mobile payments
Ripple is partnering with Bank Dhofar, Oman’s second largest bank, to facilitate cross border mobile payments through RippleNet.
RippleNet ties up with Egyptian bank, UAE payment firm for funds transfers
RippleNet has partnered with National Bank of Egypt and UAE-based payment services firm LuLu International Exchange for the processing of cross-border funds transfers from the United Arab Emirates to Egypt.
Ripple partners with Novatti to use XRP for remittances in Asia Pacific
Despite its legal troubles in the US, Ripple expands XRP’s uses in Southeast Asia’s lucrative and fast-growing international money transfer market.
Five reasons why India is crying out for a crypto revolution
India could reap greater economic growth, cut down on corruption and more if it adopts a more progressive stance on cryptocurrency. A leading role in Asia is New Delhi’s for the taking.
Ripple proposes framework for India to regulate crypto assets
White paper by global blockchain payment platform urges Indian lawmakers to make cryptocurrency legal while providing mechanisms to root out bad actors.
DeFi is ready for India, but are Indian authorities ready for crypto?
India and DeFi could be headed for a symbiotic relationship — unless the government cracks down on crypto again and forces a breakup.
Contrarian wisdom on bitcoin mining. Also: how China’s DCEP could shake up the global financial system.
Adam Traidman of BRD discusses CBDCs in an age of intensifying US-China rivalries, and bitcoin halving’s surprising impact on crypto mining and profits.
How the FATF’s travel rule could push cryptocurrency into the mainstream
How are crypto companies complying with the travel rule, and what does it mean for decentralization and privacy? In a Forkast.News exclusive, industry experts analyze FATF’s impact on regulations around the world and what to expect next.
How bitcoin is helping African migrant workers and their families save money
Blockchain technology now offers hope to radically transform the African remittances industry in favor of migrant workers and their families.
Will China’s digital currency or Facebook’s Libra challenge Ripple’s cross-border money transfers?
As China, Singapore, Canada and other countries develop digital currencies in part to facilitate cross-border transactions, Ripple’s managing director of South Asia and EMEA Navin Gupta said these currencies would primarily only be used domestically.
Cross-border transactions key to connecting a fragmented region | Opinion
Blockchain technology and digital assets have the potential to change the entire finance industry. These blockchain-powered payments networks enable cross-border payments to be hassle-free by having a standard set of technical specifications and standards – reducing confusion and ensuring that all members of the network have access to the same technology, says Ripple’s Navin Gupta.
Will China’s digital currency disrupt remittances? Not so fast, says TransferWise’s CEO
The PBOC’s new token could wipe out the need for remittance services like TransferWise. But if the eurozone is any foreshadowing, uniting several countries with a single currency is a complicated endeavor.