Topic: #remittance
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AUSTRAC cancels 45 crypto and remittance registrations in regulatory sweep
Australia's financial regulator AUSTRAC canceled, suspended, or refused renewal of 45 remittance dealer and virtual asset service provider registrations over 12 months, citing dormancy, insolvency, and money-laundering risks.
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SBI Remit and Fasset Partner on Stablecoin Remittance Network
SBI Remit and Fasset announced a partnership to build stablecoin-powered payment infrastructure for cross-border remittances and financial services, combining SBI Remit's distribution reach with Fasset's 50+ banking corridors.