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Cryptocurrencies – Page 600 – DIGIT INFO

African Migrants Are Turning to Cryptocurrency Platforms for ‘Low-Fee Remittances’

As central banks on the African continent fight to keep cryptocurrencies from going mainstream, many more migrant workers are increasingly turning to money-sending platforms that use cryptocurrencies when moving funds across borders. More Than Just an Investment Thus in addition to becoming a “hot investment for hedge funders and corporate moguls,” crypto-assets like bitcoin are … Read more

South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation

New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly … Read more

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