07-01-2025 
Remittance
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4 October, 2021
BIS: CBDCs can slash the cost of cross-border remittances by 50%
The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...
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11 August, 2021
Unbanked migrants in UAE to benefit from digital currency remittances
As UAE moves towards opening the first licensed digital currency exchanges in the territory, its large migrant population is eagerly...
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17 July, 2021
India’s ICICI bank shuts out remittance users from digital currencies
ICICI Bank has been gradually shutting out digital currency ties in recent months, in line with actions taken by its...
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22 June, 2021
World Bank denies support to El Salvador for making BTC legal tender
A spokesperson for the World Bank reportedly said there are too many ‘shortcomings’ in BTC for this to be something...
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10 June, 2021
El Salvador lawmakers vote to make BTC legal tender
Lawmakers in El Salvador voted—with 62 out of 84 votes—in favor of President Nayib Bukele's proposal to create a law that...
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13 March, 2021
Nigeria rewarding users of mainstream remittance channels to combat digital currency use
The Central Bank of Nigeria announced its “Naira 4 Dollar Scheme” recently, targeting diaspora remittances.
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