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Study Reveals Stablecoins May Not Lower Remittance Costs: MSMN News — image from CoinDesk

Markets · Global

Breaking AI ready

Study Reveals Stablecoins May Not Lower Remittance Costs: MSMN News

A recent study by the Bank of Italy has shown that stablecoins may not provide the cost savings for remittances that many had anticipated. The research highlights the complexities of transaction fees and banking infrastructure that can negate potential benefits.

1 week ago · 7 min read · By MSMN Newsroom

Thailand Moves Toward Launching Baht-Backed Stablecoin: MSMN News — image from Bangkok Post

Thailand · Southeast Asia

Breaking AI ready

Thailand Moves Toward Launching Baht-Backed Stablecoin: MSMN News

Thailand is on the verge of launching a baht-backed stablecoin, a move that reflects its proactive stance in digital asset regulation amidst rising cryptocurrency adoption.

2 weeks ago · 6 min read · By MSMN Newsroom

FATF to Countries: Tighten Oversight on Virtual Assets: MSMN News — Abuja, Nigeria — Open Graph

Africa · Nigeria

Breaking AI ready

FATF to Countries: Tighten Oversight on Virtual Assets: MSMN News

• Says criminals increasingly using stablecoins to move illicit funds Ndubuisi Francis in Abuja Global anti-money laundering (AML), anti- terrorist financing watchdog, Financial Action Task Force (FATF), has urged govern

3 weeks ago · 2 min read · By MSMN Newsroom