The Central Bank of Brazil announced the suspension of international transfers using USDT and USDC, affecting the operation of platforms that offer this service.
International payments, remittances, and cross-border payments will be affected by the closure of “a key channel used by fintechs and…
Read More...
Browsing Tag
remittances
The United States monitors remittances sent to Latin American countries
Donald Trump continues to strengthen surveillance mechanisms for migrants without legal status. This time, the measures apply to remittance shipments to Latin American countries.
Authorities are intensifying identity verification controls,…
Bolivia implements regulations on financial technology platforms and virtual assets
The director of the Financial System Supervisory Authority (ASFI) of Bolivia, Ivette Espinoza, announced last week the entry into force of regulations for financial technology platforms and those linked to digital assets.
The regulations,…
Cryptocurrencies are the option for migrant remittances
Migrants who are unbanked in their host country in Latin America due to lack of residence permits and other irregularities have found in cryptocurrencies a way to send remittances to their loved ones without restrictions.
An ally in the…