National Bank of Egypt and LuLu International Exchange Connect Through RippleNet to Elevate Remittance Experience into Egypt
North Africa’s largest bank, National Bank of Egypt, joins RippleNet via LuLu International Exchange to process cross-border payments from the UAE to Egypt. The post National Bank of Egypt and…
Read More »The Global Shift to Explore CBDCs
Unsurprisingly, the pandemic has driven many of us to rely on digital forms of payments over cash. In fact, 25% of US consumers use less cash now than before March…
Read More »Bithumb Global will List PointPay Cryptocurrency Bank PXP Token
On August 31, 2021 cryptocurrency exchange BitGlobal is going to list the PointPay cryptocurrency bank token, PXP, on the Gem board.
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Read More »Sygnum becomes first bank in the world to offer Eth2 staking
Sygnum emphasized the robust DeFi ecosystem being built on Ethereum.
Read More »Indian Authorities May Slap 18% Tax on Foreign Crypto Exchanges
Foreign cryptocurrency exchanges and bitcoin (BTC) trading venues in India may soon be required to start paying 18 percent goods and services tax (GST), according to an Economic Times report on…
Read More »Ireland: Central Bank Official Warns Against Popularity of Cryptocurrencies
According to Derville Rowland, a leading official at Ireland’s central bank, the increasing popularity of cryptocurrencies like Bitcoin is of grave concern. The central bank’s CFO stated that crypto assets…
Read More »Novatti Taps ODL To Improve Australian Remittance Payments To Southeast Asia
The current global payments infrastructure does not meet today’s business or consumer demands. Cross-border payments require businesses to hold pre-funded accounts in destination currencies — a costly and slow endeavor…
Read More »Bitcoin Price Falls After Turkey’s Decision to Ban Crypto Payments
The price of Bitcoin has dropped by about 4% following the news by the central bank of Turkey to ban cryptocurrency payments starting from April 30.
Read More »Korean Banks are Unsure About Cryptocurrency Partnerships
Korean banks are conflicted on whether to extend alliances with local cryptocurrency exchanges amid the strict financial regulations. Financial Information Act Implementation For the time being, three Korean commercial lenders…
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