Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador
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The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib…
Zimbabwe Central Bank Denies Forced Remittance Conversion Claims
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The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their…
Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa
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Canza Finance has partnered with stablecoin issuer WSPN to provide secure and efficient financial solutions to users in Africa and other emerging…
Caliza Raises $8.5 Million to Ease Cross Border Payments Using USDC in Latam
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Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $8.5 million in a funding round led by…
Latam Insights: Bukele Goes Chavez Mode Against High Prices, Paraguay Strengthens Power Theft Penalties For Crypto Mining
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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue:…
Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
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TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company. This partnership…
Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances
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The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed…