Altcoins News
By Dan Saada
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Denelle Dixon recently expressed, SDF Enterprise Fund was created to support innovators like Cowrie Exchange, who've shown their agility in responding to evolving regulation and…
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This shows that it is possible to ensure the comfort of blockchain technology and borderless economy by working in compliance with regulators and the government.
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For clarity, SDF announced its 2nd enterprise fund investment of 2021 in @Cowrie_exchange to help facilitate growing remittance corridors and as we work together to promote…
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Remittance corridors means, “A 'remittance corridor' is essentially the sum of remittances sent between two specific countries.
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For more clarity, remittance means the money sent by migrant workers back to their home countries.
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Reportedly, a disproportionate majority of remittance flow is captured between US-Mexico, UAE-India, Hong Kong-China, US-China, US-India, and US-Philippines.
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This means, there are several countries where money remittance is either expensive or not timely making things harder for families waiting to have their needs met.
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Improving remittance corridors, therefore including remotest corners of the world in the comfort of financial access/ financial inclusion is the goal of Stellar Lumens.
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Public-private partnership in remittance means, Public-private partnerships refers to the collaboration that takes place between the government agency and a private-sector…
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The process of enabling financial remittance through a public-private partnership will permit projects to be completed sooner or make it a possibility in the first place.
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Also, in the process public-private partnerships will also mean concessions of tax or other kinds of operating revenue, thus facilitating protection from liability, or partial…
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Regulatory clarity means, the regulation is written or displayed so that its meaning can be easily understood by the persons directly affected by it.
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This just means the SDF Enterprise Fund supporting innovators like Cowrie Exchange is a sign of moving in the way of regulators and making things possible and easy than by…
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