Australia marks first FX transaction using a CBDC as eAUD pilot continues - The Australian digital dollar was used in a trade for a U.S. doll... - https://cointelegraph.com/news/australia-uses-cbdc-in-fx-transaction-pilot-test #centralbankdigitalcurrency #australiancbdc #remittance #settlement #cbdcpilot #australia #cryptofx #eaud #usdc #rba #fx
#fx #rba #usdc #eaud #cryptofx #australia #cbdcpilot #settlement #remittance #australiancbdc #centralbankdigitalcurrency
Kenya considers tax on crypto, NFT transfers and online influencers - A bill introduced in Kenya could see a tax added to cryptocurrenc... - https://cointelegraph.com/news/kenya-considers-tax-on-crypto-nft-transfers-and-online-influencers #cryptoinafrica #transfertax #remittance #cryptotax #africa #kenya #tax
#tax #kenya #africa #cryptotax #remittance #transfertax #cryptoinafrica
Migrants sent home $800B last year. India received $100B and Mexico got $60B. 💸
⚡🌏 Strike revolutionizes remittance payments for Vietnam with the powerful Bitcoin Lightning Network! Experience instant, zero-fee transactions that empower global financial connectivity. Embrace the future of payments! 🚀 #StrikeApp #LightningNetwork #remittance #bitcoin #btc #bitcoinbeacon
#strikeapp #lightningnetwork #remittance #bitcoin #btc #bitcoinbeacon
Crypto Accounts for Less Than 2% of El Salvador’s Remittances – Has BTC Adoption Plan ‘Failed?’ - Crypto accounts for less than 2% of all of the remittances made to El Salvador, new gover... - https://cryptonews.com/news/crypto-accounts-for-less-than-2-of-all-el-salvadors-remittances-btc-adoption-plan-failed.htm #blockchainnews #elsalvador #remittance
#remittance #elsalvador #blockchainnews
Don’t count on remittance
https://kathmandupost.com/columns/2022/12/28/don-t-count-on-remittance
"Recent data shows that 78.9 percent of the remittance received is spent on daily consumption, 7.1 percent on loan repayment, 4.5 percent on household property and 3.5 percent on education. Only 2.4 percent of the remittance is spent on capital formation."
#nepal #economy #jobs #remittance
oh Mark. please don't waste your money on #bitcoin. #centralbank digital currencies are all that matter as far as blockchain money and the existing #banking and #remittance sectors have already adapted for crypto.
invest in companies that have real-world uses for #smartcontracts, or #utilitytokens, or tokens as a security.
bitcoin was never designed to be a long-term store of value and it's terrible for that.
#markcuban #bitcoin #centralbank #banking #remittance #smartcontracts #utilitytokens
Hello all
You can find my company Cloud Africa on
www.cloud-africa.io
Anyone that wants to connect to talk #fintech #mobilemoney #remittance #africa #development #inclusion and fintech for #good I would love to meet you!
Feliz Navidad!
#fintech #mobilemoney #remittance #africa #development #inclusion #good
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes
https://news.bitcoin.com/nigerian-btc-peer-to-peer-volumes-nearly-400m-in-h1-of-2022-significant-growth-in-kenya-and-ghana-volumes/
#CentralBankofNigeria(CBN) #bitcointradedvolumes #financialinclusion #nairadepreciation #EmergingMarkets #cryptoexchange #MonetaryPolicy #bitcoinp2p #remittance #Paxful
#CentralBankofNigeria #bitcointradedvolumes #financialinclusion #nairadepreciation #EmergingMarkets #cryptoexchange #MonetaryPolicy #bitcoinp2p #remittance #paxful
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed
https://news.bitcoin.com/nigerian-central-bank-told-to-consider-floating-the-naira-recent-interest-rate-hike-slammed/
#CentralBankofNigeria #AlhajiAminuGwadabe #nairadepreciation #nairaexchangerate #nairadevaluation #interestrate #remittance #Economics #cbn
#CentralBankofNigeria #AlhajiAminuGwadabe #nairadepreciation #nairaexchangerate #nairadevaluation #interestrate #remittance #economics #cbn
Top 10 African countries projected to receive the highest remittances in 2021
"Sub-Saharan #Africa 🌍 remains the most expensive region to send money to."
Top 10 African countries projected to receive the highest remittance inflow in 2021
1. #Nigeria — $17.6B
2. #Ghana — $4.5B
3. #Kenya — $3.7B
4. #Senegal — $2.6B
5. #Zimbabwe — $1.4B
6. #DRC / Dem Rep. Congo — $1.3B
7. #Uganda — $1.1B
8. #Mali — $1.0B
9. South Africa — $1.0B
10. The #Gambia — $0.7B
#remittance #gambia #mali #uganda #drc #zimbabwe #senegal #kenya #ghana #nigeria #africa
A Billion Here, a Billion There: Crypto Remittances Are Suddenly Real Money
https://1729.com/crypto-remittances
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"Help us crowdsource crypto remittance data."
"We're looking for up-to-date datasets, rendered in graph form, on the use of #crypto for #remittance #payments. We'll pay out up to ten prizes of $100 in #BTC for each original graph [...] that we accept."
https://1729.com/crypto-remittances/#task
#Bitcoin :bitcoin: #Remittances #CryptoRemittances #BitcoinRemittances #1729 #EarnBitcoin #balajis #MurtazaHussain
#MurtazaHussain #balajis #EarnBitcoin #BitcoinRemittances #CryptoRemittances #remittances #bitcoin #btc #payments #remittance #crypto
Nigeria Is the Lion of Africa in Bitcoin P2P Trading
https://www.coindesk.com/nigeria-is-the-lion-of-africa-in-bitcoin-p2p-trading
"Bitcoin’s ascent is rooted in a sharp fall in #remittances through traditional channels during the pandemic. The World Bank said remittances to #Nigeria 🇳🇬 declined by 27.7% in 2020."
“[...] I believe that other countries facing similar situations now or in the future can use Nigeria as a model of hope.”
#Bitcoin :bitcoin: #P2P #PersonToPerson #Pleb2Pleb #P2PTrading #P2PPlatform #P2PExchange #Remittance #CoinDesk
#coindesk #remittance #P2PExchange #P2PPlatform #P2PTrading #Pleb2Pleb #PersonToPerson #p2p #bitcoin #nigeria #remittances
World Bank - Migration and Development Brief (KNOMAD)
https://www.knomad.org/sites/default/files/2021-05/Migration%20and%20Development%20Brief%2034_0.pdf
"In #Kenya, the increase in #remittances was largely due to increased flows from the United States."
"Cross-border remittances processed via #mobile #money increased by 65 percent in 2020."
"The use of #informal channels is believed to be widespread in many #African countries."
#Bitcoin :bitcoin: #WorldBank #MigrationAndDevelopmentBrief #KNOMAD #MoneyTransfer #Remittance #IVTS #Hawala #CrossBorder #MobileMoney
#MobileMoney #CrossBorder #Hawala #IVTS #remittance #moneytransfer #KNOMAD #MigrationAndDevelopmentBrief #worldbank #bitcoin #african #informal #money #mobile #remittances #kenya
RT @meronina@Twitter.com
I just payed my researchers in Ethiopia in #Bitcoin for first time and they were able to convert it to cash within hours.
Grateful for this wallets and website who made my life simpler
@MuunWallet #BlueWallet and
@paxful @gladstein
https://twitter.com/meronina/status/1391754699292954625
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RT @meronina@Twitter.com
[...] I would say at least 95% our people in the west people uses the hawala system.
https://twitter.com/meronina/status/1392156865690284034
#Bitcoin #CrossBorder #Remittance #Hawala #Hawaladar #P2P #Ethiopia #Eritrea #EastAfrica #Africa
#africa #eastafrica #eritrea #ethiopia #p2p #Hawaladar #Hawala #remittance #CrossBorder #bluewallet #bitcoin
MT @sendcashafrica@Twitter.com
Want to send money to the US?
You can now do so from your phone!
✅ No bank queues
✅ Next-day deliveries
✅ Flat fee for all transactions
https://twitter.com/sendcashafrica/status/1375424559021707272
--
Visit http://sendcash.africa to send money now.
--
FAQs for Sending Money to the US:
"To fulfil your request to #send #money to the #US, we match you with another user who is trying to #receive #Naira into their #account."
#Bitcoin :bitcoin: #Nigeria #USA #Bank #NGN #BankTransfer #WireTransfer #Remittance
#remittance #wiretransfer #banktransfer #NGN #bank #usa #nigeria #bitcoin #account #naira #receive #us #money #send
Bitcoin is wooing the millions of workers who send their earnings abroad
https://qz.com/africa/1983610/bitcoin-draws-millions-of-workers-sending-their-money-abroad
"Governments banning cryptocurrencies to buy time have found that blocking enterprising crypto investors from global markets doesn’t work. Die-hards have simply moved on to smaller peer-to-peer crypto exchanges, making traditional outlets look worse."
--
Archive:
https://archive.is/jsIJD
#Bitcoin :bitcoin: #Remittance #Remittances #Moneygram #WesternUnion #Africa #P2P #PersonToPerson #Pleb2Pleb
#Pleb2Pleb #PersonToPerson #p2p #africa #westernunion #moneygram #remittances #remittance #bitcoin
How Is #Bitcoin :bitcoin: Used In #Africa?
- Trading
- RemoteWork
- Sports Betting
- Forex / Day Trading
- Scams
- Unbanked
- Cross-Border Supplier Payments
- Remittance / Hawala
- Foreign Currency Conversion
- Expats and Repatriation
- Offshore Banking
- eCommerce
https://kenyacoin.medium.com/how-is-bitcoin-used-in-africa-e099903fbad9
#Bitcoin :bitcoin: #Africa #Trading #RemoteWork #SportBetting #Forex #FX #DayTrading #Scams #unbanked #CrossBorder #SupplierPayments #Remittance #Hawala #ForeignCurrency #Expat #OffshoreBanking #eCommerce
#ecommerce #offshorebanking #expat #foreigncurrency #Hawala #remittance #SupplierPayments #CrossBorder #unbanked #scams #daytrading #fx #forex #sportbetting #remotework #trading #africa #bitcoin
RT @MwangoCapital@Twitter.com:
Remittances to Kenya have really grown over the last ten years:
https://twitter.com/MwangoCapital/status/1364886558998953986
#Bitcoin :bitcoin: #Remittance #Remittances #CrossBorder #MoneyTransfer #Money #Diaspora #Kenya #Africa #EastAfrica #KSh #KES #P2P #Mwango #MwangoCapital
#MwangoCapital #Mwango #p2p #KES #ksh #eastafrica #africa #kenya #diaspora #money #moneytransfer #CrossBorder #remittances #remittance #bitcoin
These are the countries where cryptocurrency use is most common
https://www.weforum.org/agenda/2021/02/how-common-is-cryptocurrency
"The high cost of sending money across borders the conventional way has caused many to turn to local cryptocurrency exchanges catering to overseas workers and their families."
#Bitcoin :bitcoin: #WEF #WorldEconomicForum #Adoption #WEForum #Remittance #Africa #SouthEastAsia #LatinAmerica
#latinamerica #southeastasia #africa #remittance #WEForum #adoption #worldeconomicforum #wef #bitcoin