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Tag: Remittances

Egypt’s Oldest Bank Taps Ripple Remittance Solution

The largest government-backed banking institution in Egypt, the National Bank of Egypt has announced the signing of a cooperation agreement with blockchain development...

Ripple Labs Partners With the Egyptian National Bank to Bolster Remittances

Ripple Labs, the cryptocurrency firm behind digital asset XRP, is looking to build on the stellar year it had in 2019. So far,...

Egyptian National Bank Turns to Blockchain to Boost Remittance Business

Another major financial institution has partnered with blockchain-based payments firm Ripple.The National Bank of Egypt has signed a cooperation agreement with Ripple to...

Ripplenet Network partners with National Bank of Egypt

RippleNet Network, a leading blockchain firm behind Crypto assets and border-less financial services worldwide, has recently entered into an agreement with the...

Ripple Scores New Remittance Partner, Largest State-Owned Bank in Egypt Joining RippleNet

The National Bank of Egypt (NBE) is now Ripple’s newest client. The bank plans to use the company’s cross-border payments technology to boost the flow...

Egypt’s largest bank joins RippleNet for remittances

The National Bank of Egypt (NBE), the country’s biggest bank by total assets, has joined Ripple’s blockchain-based payments network RippleNet.<p class="canvas-atom canvas-text Mb(1.0em)...

HyperDAO at the Center of the Decentralized Financial Systems

Today, OKEx announced the release time of the 10th session of Jumpstart where HyperDAO (HDAO) will conduct its token sale. OKEx has always...

Bitspark Shuts Down Amid Restructuring, Coronavirus and Protests

Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues.On Feb. 3, Bitspark co-founder and CEO George Harrap...

Mike Novogratz Bets Big on Institutions Driving Bitcoin’s Adoption

Mike Novogratz, the billionaire founder of crypto merchant bank Galaxy Digital, recently made comments about what he believes is the role of institutional...

U.S. Congressman Expresses More Concerns Over Regulators Stifling Crypto Innovation

Rep. Tom Emmer, one of the most crypto-friendly members of the United States Congress, expressed his displeasure at the path taken by financial...

What is Stellar? | The Ultimate Beginner’s Guide

Stellar is an open platform for building financial products that connect banks, people, and payment networks everywhere. Founded by an accomplished crypto entrepreneur...

US Consumer Financial Protection Bureau Seeking Comments on Proposed Remittance Rule Revisions

Jeremy M. McLaughlin and Daniel S. Cohen On December 3, the United States Consumer Financial Protection Bureau (“CFPB”) published a notice of proposed rulemaking...

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