Bitcoin-powered remittances from Europe to African bank accounts are now possible African cryptocurrency company Bitnob has partnered with European exchange CoinCorner to facilitate remittances over the Lightning Network.
Strike partners with Bitnob to facilitate Bitcoin-powered remittances to Africa Africans can now receive low-cost and fast payments in their local currencies, powered by the Lightning Network. But there are questions on whether the process introduces credit, a feature of the traditional remittance system.
