Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030

The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. On the other hand, the cost is much lower than the target when cryptocurrencies are used. Global Average Higher […]

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Bank of Russia Says Stablecoins Are Not Suitable for Settlements

Stablecoins Not Suitable for Settlements, Bank of Russia SaysThe Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins. Russia’s Central Bank Voices Opposition to Stablecoins Unlike the […]

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Is Gambling Legal in Canada in 2022

Gambling is a form of entertainment where a game of chance, betting scheme, or lottery scheme is played for money. In Canada, gambling is a controlled activity that is only permitted when overseen by a provincial government. Since the first immigrants brought it to the country, gambling has become a common pastime in Canada. Canada has made an effort to grant its inhabitants the ability to bet throughout the nation’s development and its provinces. This has enabled the expansion of everything, from traditional brick-and-mortar casinos to the current online gambling craze, with even government-sponsored websites embracing the popular trend. Brief

The post Is Gambling Legal in Canada in 2022 appeared first on The Merkle News.

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Study: 14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment

About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have less than one year of experience and thus may be in need of relevant crypto education. Crypto Winter Effect Around […]

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