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Alibaba’s Ant Financial Just Launched a Blockchain-based Remittance Service
Ant Financial, Alibaba’s $150 billion financial affiliate, launched a blockchain-based service that lets Hong Kong’s large Filipino working population send funds to family back home quickly and securely.
- Categories
- Inclusive Fintech
- Region
- Asia Pacific
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Cryptocurrency: a force for good?
Although cryptocurrencies may be viewed by some as primarily a speculative investment opportunity, they have a possibly greater, social value.
- Categories
- Technology
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Crypto Exchanges Coming to the Philippines in Droves
“There are 29 pending applications under different stages of processing, i.e., ongoing evaluation, awaiting submission of documentary requirements, and for presentation of business model.”
- Categories
- Technology
- Region
- Asia Pacific
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Reserve Bank of India bars banks from links to cryptocurrencies like bitcoin
RBI, however, has set up a group to study and provide guidance on the desirability and feasibility of introducing a central bank digital currency.
- Region
- South Asia
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Kenya is finally softening its stance on blockchain technology
Kenya has for years regarded blockchain technology and digital currencies with suspicion, comparing bitcoin to a “pyramid scheme,” and emphasizing that it had no legal footing.
- Categories
- Inclusive Fintech, Technology
- Region
- Sub-Saharan Africa
- Tags
- bitcoin, blockchain, cryptocurrency, Kenya, mobile money
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Africa’s first bitcoin exchange targets 1 billion users
Luno, founded in South Africa in 2013, has plans to become one of the leading cryptocurrency traders in the world.
- Categories
- Inclusive Fintech, Technology
- Region
- Sub-Saharan Africa
- Tags
- Africa, bitcoin, cryptocurrency, fintech, South Africa, technology
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To ethically mine crypto we need to use renewable energy
Blockchain technology and its most popular cryptocurrency, bitcoin, have been called of equal importance to the internet, capable of transforming businesses, government, and social interaction: the entire fabric of modern society.
- Categories
- Energy, Inclusive Fintech, Technology
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More Bitcoin Regulation Likely In Emerging Markets
According to a report from Bloomberg, published at the end of last year, around 58% of the world’s cryptocurrency mining pools are located in China, followed by the US at 16%. Even though significant financial institutions within China are forbidden from providing payment services for products denominated in bitcoin due to bitcoin regulation, other platforms have emerged to offer investors this service.
- Categories
- Inclusive Fintech, Technology
- Region
- Asia Pacific
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