# Why crypto remittance companies are flocking to Mexico

# Why crypto remittance companies are flocking to Mexico

” Why crypto remittance companies are flocking to Mexico “ Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the nation jumped to a record $5.3 billion in July, which is a 16.5% increase year-over-year compared to the same period last year. The steady growth presents…

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# European Central Bank bets on CBDCs over BTC for cross-border payments

# European Central Bank bets on CBDCs over BTC for cross-border payments

” European Central Bank bets on CBDCs over BTC for cross-border payments “ A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, including banking, Bitcoin (BTC) and stablecoins, among others. ECB’s interest in identifying the best…

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