Remittances


Policy

Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market

Coins.ph plans to integrate the stablecoin into remittance platforms in countries with significant remittance flows to Philippines, one of the world’s largest remittance markets.

The Philippines plans on issuing a wholesale CBDC (Alexes Gerard/Unsplash)

Opinion

What Does Ripple’s Stablecoin Mean for XRP?

XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers. Will its new stablecoin fill the gap and overshadow its existing token?

Ripple CEO Brad Garlinghouse (Scott Moore/Shutterstock/CoinDesk)

Finance

Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally

Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail.

CFX Labs' payment network, MoveMoney (CFX Labs)

Finance

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia

At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.

Ripple (Jesse Hamilton/CoinDesk)

Finance

Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market

Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies.

Central banks from Mexico and Colombia studied crypto's role in the developing world (Flickr)

Tech

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.”

(Yulia Reznikov/Getty Images)

Tech

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.

(Pawel Gaul/Getty Images)

Policy

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.

Mary-Catherine Lader, COO, Uniswap Labs  (Kelly Sullivan/Getty Images for TechCrunch)

Policy

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 is pressing ahead with new anti-money-laundering rules for crypto. (Kutay Tanir/Getty)

Policy

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.

(Unsplash)