CoinZoom Disrupts the Remittance Landscape With 0% Commission And Cryptocurre...
Remittances are an essential way of supporting domestic economies in regions where financial hardship remains relatively common. Several regions worldwide rely on these money transfers, yet the COVID-19 pandemic is causing an issue. Sub-Saharan countries are at risk of losing even more remittances from migrants. The Current Remittance Landscape Sending money back home to friends […]
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With several features, including trading, crypto debit cards, and remittances, CoinZoom, a fully regulated platform, facilitates cryptocurrency use in the physical world by supplying digitized alternatives to traditional financial services offerings. Crypto-Based Services Offerings To Bolster Real-World Uses With the tailwinds of cryptocurrency’s meteoric climb over the last few years, more and more crypto-based services […]
Payment Provider Powering Real-World Digital Asset Transactability There is no denying that cryptocurrencies are one of the most significant technological advancements in recent years that can disrupt the centralized finance ecosystem globally. With the underlying blockchain technology and a fully decentralized ecosystem, cryptocurrencies can change the global financial sector. Not only can cryptocurrencies eliminate intermediaries to lower transaction costs, but they can also solve the global unbanked crisis. However, the accompanying costs of fiat to crypto conversions through local....
With the US dollar facing headwinds, notably the coronavirus pandemic and an upcoming presidential election that could be among the most contentious in recent memory, gold has taken over as the preferred store of value for many investors. The price of the yellow metal has soared by more than 30% this year and recently surpassed an all-time high of $2,000 an ounce, as investors once again responded to market volatility by turning to the most trusted and longest-serving safe haven asset. Accessibility, however, continues to be a problem for gold as an asset class. Adding gold to a portfolio....
Luis Buenaventura is the head of product at Satoshi Citadel Industries, and "dreams of a world where everyone has access to everything". Satoshi Citadel Industries manages several different digital currency services and sites, including Bitmarket, in-beta exchange Coinage, photo-sharing site Bitstars.ph, and remittance service ReBit. SCI is also rolling out pre-loaded bitcoin cards as a way to get bitcoin into newcomers' wallets. Remittance is often cited as the one of the primary ways that bitcoin would change the global financial landscape, by virtue of the cryptocurrency's microscopic....
A U.S. senator has asked the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to provide clear guidance on cryptocurrency regulation. The senator stated that in many enforcement actions, “the SEC did not identify the securities involved or the rationale for their status as securities, which would have provided much-needed public regulatory clarity.” US Senator Wants SEC to Provide Clear Guidance on Crypto Regulation Senator Pat Toomey, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, wrote a letter to SEC Chairman....