SBI expands Ripple remittance tech to banks in Vietnam, Indonesia, Philippines
SBI Remit will use XRP as a bridge currency to enable faster and more cost-effective remittances to several Southeast Asian countries.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
SBI Remit will use XRP as a bridge currency to enable faster and more cost-effective remittances to several Southeast Asian countries.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Germany set to boost cryptocurrency trading through local banks
Germany's move could catalyze widespread crypto adoption in Europe, pressuring other banks to offer similar services under MiCA re...
IMF Warns Tokenization Could Reshape Global Finance as New Blockchain Risks Replace Banks
Key Takeaways: The IMF believes that the introduction of tokenization may alter the financial system as we know it today. The pote...
Bitcoin Price Eyes Recovery After END-OF-CYCLE STRC Shock, Bitwise CIO Says Strategy Will Be ‘Less Important’ Next BTC Cycle
While improving macroeconomic conditions have supported a modest Bitcoin price rebound, Bitwise Chief Investment Officer Matt Houg...
Crypto wanted to replace Wall Street – Instead, Wall Street took over crypto
Crypto was founded on a simple premise: people should be able to send, hold, and manage money without going through a bank. Fiftee...
Binance Returns to the Philippines Through Regulated Local Partnership
Binance is reentering the Philippines through an SEC-approved regulatory sandbox operated by Blockshoals Technologies Inc. The sup...
IMF says policy choices will determine whether tokenization strengthens or fragments the financial system
The IMF's Tobias Adrian said risks could shift from banks toward market infrastructure providers and smart contracts as tokenizati...