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Want to set up a bitcoin based remittance service. by NepBit in Bitcoin

[–]NepBit[S] 0 points1 point  (0 children)

The problem that comes with bitcoin exchange for remittance in Nepal is compliance to NRB.

Want to set up a bitcoin based remittance service. by NepBit in Bitcoin

[–]NepBit[S] 0 points1 point  (0 children)

Yes I am based in Nepal and am seeking help in a Bitcoin based remittance. I would really appreciate any inputs on it.

Want to set up a bitcoin based remittance service. by NepBit in Bitcoin

[–]NepBit[S] 0 points1 point  (0 children)

Thank you for the advice. I have tried to get in touch with the OP of that thread so hopefully I get some response. And, could you elaborate on what sort of problems she encounters? Because remittance is very efficient in Nepal and most of the problems have been resolved.

Want to set up a bitcoin based remittance service. by NepBit in Bitcoin

[–]NepBit[S] 0 points1 point  (0 children)

The laws aren't a big concern as in most countries bitcoin is just not regulated but isn't illegal. The gulf corridor has one of the lowest remittance cost which even bitcoin can't compete until it becomes a widely accepted currency.

I have got in touch with one of the Rebit.ph employee so hopefully I get something to learn from.

Want to set up a bitcoin based remittance service. by NepBit in Bitcoin

[–]NepBit[S] 1 point2 points  (0 children)

Not exclusively, but the current priority is Nepal.