Remittances

Binance

2026-07-08 19:30:15

Binance Launches 'Send Cash' Remittance Service in Latin America, Enabling Direct Crypto-to-Bank Transfers to Argentina and Colombia

Binance introduces 'Send Cash' in nine Latin American countries, allowing users to send crypto directly to bank accounts in Argentina and Colombia at minimal cost, aiming to boost financial inclusion. However, Mastercard's termination of partnership will suspend some card services.

390

Peru

2026-07-08 18:52:12

Stablecoins Now Drive 90% of Peru’s $28 Billion Crypto Market

Binance executive Daniel Acosta says stablecoins account for up to 90% of Peru’s $28 billion annual crypto transaction volume, with remittances and cross-border payments leading adoption.

270

stablecoins

2026-07-08 18:48:22

Stablecoins Dominate 90% of Peru's $28 Billion Crypto Market, Binance Executive Says

Binance's Daniel Acosta reveals that stablecoins account for 90% of Peru's $28 billion annual crypto transaction volume, primarily used for cross-border payments and remittances. Lemon reports Peru ranks among Latin America's top 6 crypto economies in 2025, with 80% of crypto purchases in stablecoins.

340

cryptocurrenc

2026-07-08 16:22:14

New US Sanctions Force Western Union Out of Cuba, Crypto Emerges as Alternative

New U.S. sanctions effective Nov 22, 2020, forced Western Union to halt operations in Cuba. Cryptocurrencies like Bitcoin offer a decentralized, censorship-resistant alternative for remittances. This article examines the context and emerging crypto solutions.

380

cryptocurrenc

2026-07-08 16:22:14

End of Western Union Remittance Service to Cuba a Boon for Crypto?

New U.S. restrictions on remittances to Cuba force Western Union to shut down, pushing Cuban families toward crypto alternatives like Bitcoin. P2P platforms Bitremesas and Cubacripto see surging demand.

320

EU

2026-06-23 11:01:42

EU Proposes Comprehensive Crypto Ban on Russia, Philippines Warned of 'Roosevelt-Style Ultimatum'

The European Commission has recently proposed the first-ever 'comprehensive third-country crypto asset service ban' against Russia. Columnist John Mangun writes that the underlying logic—wealthy country blocs can cross-border enforce compliance from any nation connected to their financial system—carries profound warning significance for developing countries like the Philippines, potentially cutting off remittance channels and threatening fiscal sovereignty.

470