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New Bitcoin Remittance Service Launched in Vietnam

The leading bitcoin exchange in Vietnam recently launched a bitcoin remittance service in the country called cash2vn. This will enable users to send funds to their families and friends in Vietnam...

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Can Bitcoin Be a Mainstream Medium of Settlement?

There are many ways to make use of bitcoin – from profiting from its price fluctuations to using it as a means of fund transfer or remittance. However, the cryptocurrency still hasn’t become a main...

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Bitcoin Remittance Service 37coins Closes Shop

Bitcoin remittance service 37coins has announced that it will be closing shop and will no longer be offering its SMS-based wallet. Users have until the end of the year to withdraw their balances before...

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Why Bitcoin is Seeing Slow Growth in Asia

Compared to Europe and North America, bitcoin adoption is still a tad slower in Asia, even though a large portion of bitcoin trading volumes are in China. Cryptocurrency payments haven’t gained much...

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Bitcoin Remittance App Abra Raises $12m in New Funding

Bitcoin remittance app Abra recently confirmed raising $12 million in a new venture financing round. The Series A round drew support from noted investors like Arbor Ventures, RRE Ventures and First...

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Bitcoin Firm Digital CC Drops ‘Mining’ for Remittance

As per a report by The Sydney Morning Herald, Bitcoin firm Digital CC (ASX: DCC) has said that it is dumping ‘mining’ and is now entering the remittance market as it sees a more profitable scenario in...

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Commonwealth of Nations Focuses on Virtual Currencies Solutions

From previously being dismissed as a medium of exchange in criminal markets, virtual currencies have been one of the highlights of the latest Commonwealth of Nations meeting. Senior finance officials...

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Abra’s Bitcoin Remittance App Attracts Thousands of Users

Bitcoin remittance application Abra, which secured a US$12 million Series A funding round from prominent venture capital firms including Arbor Ventures, RRE Ventures and First Round Capital in...

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Abra Hopes to Ease Bitcoin Remittance Transactions

Abra announced the next phase of its global expansion at the North American Bitcoin Conference today. The plans are to enable Abra worldwide next month, activating global network of Tellers who can...

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Bitcoin Proving Useful for Asian Remittance Companies

More companies seem to be embracing one of Bitcoin’s most useful properties – its border-less functionality. The world’s most popular cryptocurrency can save those wishing to send remittance payments...

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