The BloomX app store is an initiative developed by Bloom Technologies Pte. Ltd., a crypto-remittance pioneer with operations in Singapore, the Philippines, and Australia. The app store is intended for licensed Money Services Businesses (MSBs) around the world to create new service offerings or upgrade existing services with turn-key cryptocurrency solutions. These MSBs include money transfer operators, foreign currency exchange companies, and other non-bank financial institutions.
At the @OECDdev #pf4sd #remittances panel yesterday I was openly skeptical about CBDCs, stablecoins, and blockchain apps. Not exactly the most popular position to take, but hell, it's not like they flew me in to agree with anyone.