Coinbase launches remittances programme to take on Western Union with cryptocurrencies

Source: Tech – South China Morning PostCoinbase Global Inc, the biggest US cryptocurrency exchange, is wading into the international money-transfer business, seeking to tap into a huge market dominated by firms like Western Union Co.Coinbase said it has launched a free pilot programme for sending crypto funds to friends and family in Mexico. Receivers can convert the tokens into pesos at participating locations across the country or invest the funds into a Coinbase account. The service will become fee-based after March 31.Coinbase…Read More

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