The growth of cryptocurrencies in recent years has offered a new method of performing financial transactions. The usage of stablecoins for remittances is one of the most potential applications of this technology. Remittances are funds sent by migrant workers to their relatives back home...
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The tech giant, Apple is finally introducing Apple Pay Later, its buy now, pay later (BNPL) product to the US markets, six months later than the earlier announced launch date of https://www.financemagnates.com/fintech/payments/apple-pay-later-will-it-make-or-break-bnpl/" target="_blank" rel="follow noopener">September 2022. However, the product will only become available to all eligible users “in the coming months,” Apple announced on Tuesday.The
US prosecutors have expanded the 12 count charges against Sam Bankman-Fried, the Founder of the now-bankrupt cryptocurrency exchange, FTX. An additional indictment sealed on Tuesday morning, alleges that the FTX Founder and others transferred approximately $40 million in bribes to one or more Chinese officials to unfreeze certain accounts in late 2021.Prosecutors Accuse Bankman-Fried of
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