Remittance

India’s ICICI bank shuts out remittance users from digital currencies
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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...
World Bank denies support to El Salvador for making BTC legal tender
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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...
El Salvador lawmakers vote to make BTC legal tender
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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...
Nigeria rewarding users of mainstream remittance channels to combat digital currency use
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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.
Ghana regulatory sandbox to prioritize blockchain projects
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4 March, 2021

Ghana regulatory sandbox to prioritize blockchain projects

Ghana’s central bank has launched a regulatory and innovation sandbox, with a focus on projects building on blockchain technology.
Nigeria VP calls for regulation, not ban of digital currencies
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3 March, 2021

Nigeria VP calls for regulation, not ban of digital currencies

Speaking at a recent event, Yemi Osinbajo rebuked the recent ban on digital currencies, advocating for Nigerian authorities to regulate...