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Nalezeno "Unbanked": 89

Nigerian President Muhammadu Buhari to Unveil Country’s CBDC

25.10.2021
The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’s central bank digital currency (CBDC) on October 25, 2021. High-Level Endorsement of the CBDC According to a statement released by the Central Bank of Nigeria (CBN), the formal event marking...

Arcane Research predicts 700 million Lightning Network users by 2030

8.10.2021
Arcane Research says that Lightning Network usage has been on a steep upwards trajectory since late last year, but in September growth went parabolic off the back of El Salvador's Bitcoin adoption

Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout

2.10.2021
A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has now been postponed to a later date. Nwanisobi’s announcement came less than 24 hours before the CBN was scheduled to launch...

Egyptian Banks Set to Launch Multi-Million Dollar Fintech Fund

1.10.2021
Egyptian banks are reportedly on course to launch a $69.6 million fund which is earmarked to support the country’s fintech companies. According to a report, this fund is expected primarily to target the digital banking and financial services sector. Fintech Apps Targeted Fintech apps that...

Kenyan Fintech Player: ‘Banking the Unbanked’ Is the Most Important Use Case for Digital Currencies in Africa

28.9.2021
The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement, as well as the widespread fear of catching a virus, forced many to look for alternative ways of making payments or sending...

Stablecoin adoption and the future of financial inclusion

19.8.2021
With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need

How will blockchain and crypto improve the lives of LGBTQ+ people? Experts answer

14.8.2021
Here’s what crypto and blockchain experts think about the impact of blockchain technology on lesbian, gay, bisexual, transgender and intersex people

Digital currency may be an answer to help the unbanked, Sen. Warren says

28.7.2021
Democratic Senator Elizabeth Warren appeared to have softened her stance on the crypto industry in recent remarks

What is really behind El Salvador’s ‘Bitcoin Law’? Experts answer

2.7.2021
Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender

Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters Inclusion

6.6.2021
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...

Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34

23.4.2021
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....

How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles

13.4.2021
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...

Mobile money platform Pngme raises $3M to expand across Africa

12.2.2021
The fintech firm hopes to expand financial products for the unbanked

Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”

4.12.2020
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...