El Salvador Crypto Remittances Reach $17.38M
Key Takeaways: El Salvador’s Central Bank reported Q1 crypto remittances hit $17.38M, a $5.77M rise from 2025. Despite Bukele’s hopes…
Tag: Remittances
South Korea’s KBank trials onchain remittances with Ripple partnership
South Korea’s internet-only lender KBank has entered into a strategic partnership with Ripple to test blockchain-based cross-border remittances. Summary KBank…
Energy, airlines and now over $50 billion in remittances to India at risk as Middle East conflict deepens
This report is from this week’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the…
Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances
The measure, described last week, would be submitted by Brazil’s Revenue Service for public consultation and would impose a 3.5%…
Brazilian Government Mulls Taxing Stablecoins Remittances as Foreign Currency Flows
The Brazilian government would be considering taxing stablecoin flows, applying the known Tax on Financial Operations (IOF) on remittances and…
Revolut Integrates Polygon for USDC, USDT Payments and Remittances
Revolut integrates with Polygon Labs to enable near‑instant USDC, USDT and POL remittances for UK and EEA customers. Polygon Labs…
Revolut Enlists Polygon for Stablecoin Remittances in UK and EEA
Revolut is working with Ethereum overlay system provider Polygon Labs to enable its customers in the UK and EEA to…
Remittances firm Zepz launches new digital wallet on Solana
Zepz, a digital remittances provider behind WorldRemit and Sendwave, has unveiled a new crypto wallet on Solana. Summary WorldRemit and…
Nasdaq-Listed SoFi Taps Bitcoin Lightning for Remittances
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk &…
SoFi Partners With Lightspark for Blockchain Remittances
SoFi Technologies (SOFI) will soon allow remittance payments on top of the Bitcoin layer-2 Lightning Network through a partnership with…