Latest News and Articles about remittance

Vaulta and VirgoCX Unveil VirgoPay: Stablecoin Remittances Slash Fees by 70%

9 April 2025 Daily Feed remittance, Stablecoins, Vaulta, VirgoPay

Vaulta and VirgoCX Launch VirgoPay: A Stablecoin-Powered Remittance Revolution Vaulta, a leading modern banking service using internet technologies, and VirgoCX Global Holdings have teamed up to launch VirgoPay, a cross-border remittance app set to transform international money transfers. Scheduled for a May debut, VirgoPay uses stablecoins to slash fees by up to 70% and enable […]

AUSTRAC Ramps Up Crackdown on 13 Crypto and Remittance Providers

19 February 2025 Daily Feed AUSTRAC, Crypto, Money Laundering, remittance

AUSTRAC Intensifies Crackdown on Crypto and Remittance Providers AUSTRAC, Australia’s financial watchdog, has taken decisive action against 13 remittance and cryptocurrency providers, signaling a major regulatory crackdown aimed at curbing money laundering and financial crimes. With over 50 more providers under review, the agency is not holding back. AUSTRAC targets 13 crypto and remittance providers […]