Tag: remittances

A New Bitcoin World

Venezuela Starts Regulating Cryptocurrency Remittances

Venezuela Starts Regulating Cryptocurrency RemittancesThe Venezuelan government has begun regulating cryptocurrency remittances. The regulator has set a monthly limit and will be collecting commissions of up to 15 percent of the transaction amount. Additionally, new details of its comprehensive registry of crypto service providers have been announced. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations […]

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February 11, 2019 0

Large Japanese Energy Supplier Adds Bitcoin Payments With a Discount

Remixpoint, a Japanese company engaged in a number of energy-related businesses, has recently launched a new electricity service with bitcoin payments integrated to serve customers all over Japan. The company is now offering customers who pay with bitcoin a discount on their electricity bills. Bitcoin payments are processed by the company’s cryptocurrency exchange subsidiary, Bitpoint. […]

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October 4, 2017 0

South Korea Takes Steps To Regulate Digital Currencies

South Korea’s top financial regulators have jointly announced their plans to deal with digital currencies such as bitcoin and ether. Specific measures were outlined such as requiring banks to perform due diligence on bitcoin exchanges and strengthening user verification procedures. Also read: South Korea Legalizes Bitcoin International Transfers, Challenging Traditional Banks Attempt to Regulate Digital […]

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September 4, 2017 0