Sponsored Content

This space will show native ads matching your site's design.

remittances

Largest Bank in Guatemala Turns to Crypto for Remittances

Largest Bank in Guatemala Turns to Crypto for Remittances

Leave a Comment / Guatemala, News Bytes, remittances /

Banco Industrial, the largest bank in Guatemala, has announced the integration of Sukupay, a crypto-based cross-border payment provider, to power its remittance services. Using Sukupay, Banco Industrial now offers its customers remittances at a flat fee of $0.99, allowing them to receive these funds in their bank accounts. Michel Caputi, Head of the Strategic Alliances […]

Largest Bank in Guatemala Turns to Crypto for Remittances Read More »

Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto

Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto

Leave a Comment / Cryptocurrency, Economics, remittances /

If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. ‘Big, Beautiful Bill’ Remittance Tax May Spur Crypto

Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto Read More »

Subscribe
Subscribe