A key strategy to boost the use of the Cambodian local currency is to foster cross-border transactions in riel, which the Bakong digital financial system facilitates.
With the product already accessible to many regions, the Web3 Digital Bank will also serve as a bridge connecting the traditional finance industry to the world of cryptocurrencies.
XREX Singapore introduces XREX Pay, offering businesses cross-border B2B payments and money transfer solutions. The platform will support traditional currencies like the Singapore Dollar (SGD) and US Dollar (USD) as well as stablecoins like Tether (USDT) and USD Coin (USDC).
This newly developed exchange will allow customers to trade directly from it rather than using the Revolut app, thereby enjoying lower fees.
Apart from failing to report transactions to the appropriate authorities, revelations from the whistleblowers pointed towards deliberate concealment of transactional data within Cash App.
Several prominent Avalanche ecosystem partners have already signaled their intention to integrate with Stripe, including GoGoPool, Avvy, Pakt, zeroone, Halliday, The Arena, Shrapnel, and DeFi Kingdoms.
Stripe said that it would facilitate all of the USDC transactions through Ethereum, Solana, and the Polygon blockchain networks and immediately convert them into fiat.
While Strike has already expanded its services to 100 countries worldwide, the company remains committed to exploring new markets and supporting additional currencies in the future.
Banxso’s partnership with Dricus du Plessis for the Tour de Banxso competition signifies a new chapter in client engagement and platform innovation.
The decision to amend its protection programs for NFT transactions was quietly disclosed on March 21, 2024, through updates to PayPal’s policy documentation.
This in-principle approval fortifies TerraPay’s dedication to becoming the world’s most regulatory-compliant payments provider.
The new service will initially cater to over 8 million UK customers before extending to its 35 million users globally.
Recent moves at Pleo, including the appointment of a new CFO, have sparked speculation about a potential IPO, driving expectations for a valuation surge beyond the current $4.7 billion mark as of August 2023.
Latin America has identified that regulated, blockchain-based financial services will soon be the order of the day.
Currently valued at $8.6 billion after its £590 million ($624 million) investment round last year, SumUp stands strong in private markets with no immediate plans for an initial public offering.