Crypto use more common among the underbanked, says FDIC report
Last year, underbanked households more commonly used crypto than those with no banking access whatsoever, according to an FDIC survey. Go to Source
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Last year, underbanked households more commonly used crypto than those with no banking access whatsoever, according to an FDIC survey. Go to Source
The former foreign and finance minister of Nigeria said the G20 should be looking into blockchain solutions to close the gender gap. Go to Source Powered by WPeMatico
Payments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption in Emerging Markets Visa and Tala have formed a new partnership “to help underbanked populations participate … Read more
One of the main ways of reducing poverty is through financial inclusion. As of last year, an estimated 1.7 billion adults around the world still remain unbanked. This means that they have no access to a savings account, credit, or any type of financial services. In a world where our biggest problems are often what … Read more
We’ve heard a lot about how blockchain technology can help serve the unbanked and the underbanked by making microtransactions possible. But in the Western world, that often refers to a small minority. Yet according to global economist and Babson College Professor of Finance Dr. John Edmunds, in many parts of the world, we’re talking about … Read more