BitSpark, Pioneer of HK-PH Remittance via Bitcoin Closes Down
In 2014 BitSpark, together with the Philippines Rebit.ph (a product of SCI Ventures) piloted a remittance corridor between Hong Kong and the Philippines.
In 2014 BitSpark, together with the Philippines Rebit.ph (a product of SCI Ventures) piloted a remittance corridor between Hong Kong and the Philippines.
Bitspark said they see this as a way forward to introduce stablecoins without the need for understanding blockchains directly.
BitSpark, a “bankless money transfer” service is reportedly going to launch a Philippine Peso or PHP-backed stable coin called peg.PHP.