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Nearly 36% of Nigeria’s 106 million adults lack access to both regulated and unregulated financial services, according to the findings of the Enhancing Financial Innovations and Access (EFIA) study. In addition, while the findings do suggest a marginal drop in the percentage of financially excluded adults in the past few years, overall “the actual number […]Powered by WPeMatico
A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000 in much of Q1 of 2021. The Premium on BTC In addition […]Powered by WPeMatico
Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos Narrowing Financial Exclusion Gap Therefore, in their effort […]Powered by WPeMatico
The fintech firm hopes to expand financial products for the unbanked.
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Tokenization has a long way to go before it will uplift populations in emerging-market states, but it will bring the needed stability.
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Crypto isn’t inherently good in just its development and proliferation; the community must address the reasons causing financial exclusion.
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The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.
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Blockchain and cryptocurrency have great potential to help us, especially in these challenging times of the global coronavirus outbreak.
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While most of us will prefer to forget the horrors of 2020, DeFi may well prove to be the guarantee of a better, more liberated future.
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Governments are injecting record levels of new money into economies to contain the impact of shutdowns. Restrictions imposed on people in countries all over the world have forced many to look for alternative but safe ways of transacting. This is one reason why blind escrow bitcoin cash trading is increasing: it is not burdening users […]
The post New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow appeared first on Bitcoin News.
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