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#Cryptocurrency remittances

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Solana Expands Market Reach as Western Union Launches USDPT Stablecoin
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Solana Expands Market Reach as Western Union Launches USDPT Stablecoin

Key Highlights Solana has formed a strategic alliance with Western Union to enable retail access to the USDPT stablecoin across Mexico. The network continues its institutional and regional expansion with a second spot SOL ETF launch in Hong Kong and an ecosystem partnership in Da Nang, Vietnam. The retail push targets increased blockchain adoption in ...

South Africa Moves to Regulate Cross-Border Crypto Transfers
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South Africa Moves to Regulate Cross-Border Crypto Transfers

Key Highlights South Africa’s draft crypto cross-border framework imposes strict daily (ZAR 5,000) and monthly (ZAR 25,000) limits on person-to-person remittances via crypto rails, while standard Web3 transfers require individuals to use existing SDA (R2 million) or FCA (R10 million) allowances with SARS tax clearance. Crypto Asset Service Providers (CASPs) must obtain separate cross-border authorization ...