In the fourth session on Day 1 of The Bitcoin Masterclasses, Dr. Craig Wright talked about how party-to-party transactions work on Bitcoin and how it can revolutionize different industries.
Kumaraguru Ramanujam’s application, MoneySwipe, aims to bring down fees for sending money abroad from the current global average of 7% to just 1.5%.
The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE, showing the benefits of central bank-backed digital currency.
As UAE moves towards opening the first licensed digital currency exchanges in the territory, its large migrant population is eagerly awaiting the availability of wallets and digital currency transfer platforms.
ICICI Bank has been gradually shutting out digital currency ties in recent months, in line with actions taken by its peers including Yes Bank and IDFC First Bank.
A spokesperson for the World Bank reportedly said there are too many ‘shortcomings’ in BTC for this to be something they would be willing to assist with in implementation.
Lawmakers in El Salvador voted—with 62 out of 84 votes—in favor of President Nayib Bukele's proposal to create a law that will pave the way towards adopting BTC.
The Central Bank of Nigeria announced its “Naira 4 Dollar Scheme” recently, targeting diaspora remittances.
Ghana’s central bank has launched a regulatory and innovation sandbox, with a focus on projects building on blockchain technology.
Speaking at a recent event, Yemi Osinbajo rebuked the recent ban on digital currencies, advocating for Nigerian authorities to regulate the industry.
MoneyGram said it would no longer be using Ripple’s XRP remittance solution until the payments firm sorts out its legal issues with the U.S. securities regulator.
Hong Kong-based crypto remittance platform Bitspark has shut down. The company has blamed botched internal restructuring and unrest in Hong Kong for its woes.
