Bitcoin Enables Instant Fiat Transfers To Africa – Bitcoin Magazine



Bitcoin app CoinCorner said in a statement Monday that it had enabled Send Globally, a feature that lets foreign users instantly and cheaply send remittances to Africa, for its EU and U.K. customers.

The feat is made possible through a partnership with Africa-based Bitcoin app Bitnob, and comes on the heels of a similar team-up with Lightning payments app Strike.

Strike last week enabled Send Globally for its U.S. users, letting them instantly transfer money to bank accounts in Nigeria, Ghana and Kenya with minimal fees.


#Bitcoin #Enables #Instant #Fiat #Transfers #Africa #Bitcoin #Magazine

mrB

Related Posts

BlockFi gets court nod to sell crypto mining assets

Bankrupt crypto lender BlockFi has been granted court approval to sell off its crypto mining equipment as part of ongoing efforts to  repay its creditors. A court…

Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise

Crypto companies tightened their purse strings in the first month of 2023, with at least 2,900 crypto staff cut loose across 14 crypto firms in January. The…

82% sought investment advice in 2022

Despite a challenging year for crypto, 82% of millionaire clients had looked into investing in digital assets such as Bitcoin (BTC) in 2022, according to a recent…

Shiba Inu Will Take 1,157,174 Years to Burn Supply To 100 Billion Tokens, Crypto Analyst Says

On Monday, 30 January, crypto YouTuber Jeff at OnTheChain.io revealed on Twitter the number of years it might take Shiba Inu to reduce its supply to 100…

FTX sister company Alameda Research sues Voyager Digital for $446M

Embattled crypto investment firm Alameda Research is suing bankrupt crypto lender Voyager Digital in an effort to claw back loan repayments FTX made before it collapsed in…

FTX-Linked Charity Under Scrutiny By UK Regulator, What’s Coming?

A UK regulator is investigating the Effective Ventures Foundation, a charity connected to failed crypto exchange FTX, as its founder Sam Bankman-Fried, was a significant contributor to…

Leave a Reply

Your email address will not be published. Required fields are marked *