When Novi (Formerly Known As Libra) Goes Online, Small MTOs Will Go Offline
My explanation (for my reasons) why I believe that when Libra/Novi will go online, most of the small MTOs will go out of business.
calibra
Starting a Crypto-Related Money Transfer Business? Understand Regulations!
Thinking of starting a money transfer business using crypto? Cool! Spend some time learning a bit about the regulation that goes with it, that would enable you to have a successful deployment of your project and not face hurdles later down the road.
Why Countries Should Adopt Cryptocurrencies And Make Them Legal?
Cryptocurrencies are a new reality, yet many governments around the world, shun it. Often citing it as illegal channels for capital outflow or used for nefarious purposes. The fact of the matter is, cryptocurrencies are here to stay. The sooner developing countries realize this and adopt it, the sooner they can benefit from the enormous …
Why Countries Should Adopt Cryptocurrencies And Make Them Legal? Read More »
Will MTOs Go Out Of Business When LIBRA Comes Online?
The fine writing on the wall says, ’nothing lasts forever’. I guess this is true for Money Transfer Operators as well. When the likes of LIBRA come online with their potential base of 2+ billion users, the game will change. The table will tilt. In whose favor? Obviously in the favor of the larger players. …
Will MTOs Go Out Of Business When LIBRA Comes Online? Read More »
Facebook Launches Global Currency
Introducing Libra and Calibra Well. The inevitable moment arrived. Facebook has formally announced their plans to build a cross-border payment system that utilizes a form of stable coin, cryptocurrency and blockchain. A global currency called Libra, and the wallet that will empower it: Calibra. I can say with confidence, that if you are in the vicinity …