Imagine sending money to family abroad. Now, imagine a new tax making that process more expensive and potentially less private. That’s the scenario potentially unfolding with a proposed US remittance tax, and it has significant implications, particularly for crypto adoption. A proposal from the U.S. House of Representatives suggests a 5% tax on remittances. While […]
Tired of hefty fees and snail-paced transfers when sending money across borders? Imagine a world where international remittances are lightning-fast and significantly cheaper. Well, get ready, because that future is arriving sooner than you think! Vaulta, a pioneering Web3 banking operating system, is joining forces with crypto service provider Virgo to launch VirgoPay, a game-changing […]
Exciting news for Indian expats in the U.S.! Imagine a remittance app designed specifically for you, offering not just seamless money transfers but also rewards and cashback on everyday essentials. That’s precisely what Abound is bringing to the table, and they’ve just secured a significant $14 million in funding to fuel their mission. Let’s dive […]
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