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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...
Fintechs Invited to Work on Georgia’s Central Bank Digital Currency
7.5.2021
National Bank of Georgia (NBG) has issued a call for companies in the fintech sector, financial institutions and technology firms to support its efforts to create a digital currency. Georgia’s central bank wants to employ new technologies to raise the efficiency of the country’s payment...
Central Banks Focus On Financial Inclusion As Cryptos Get Traction
25.3.2021
Central banks are seemingly looking to steal the show from decentralized cryptocurrencies as they are also aiming to increase financial inclusion by issuing central bank digital currencies (CBDCs).
China
"We still have a lot of remote areas, or poor areas, and in those areas people...
In Its Quest For Financial Inclusion Crypto Plays A Role In International Aid
25.12.2020
In December, the United Nations has warned that “2021 is literally going to be catastrophic,” largely as a result of the coronavirus pandemic, not to mention underlying economic and development issues.
Such forecasts are highly troubling, but until blockchain technology and cryptocurrency help...
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
Ripple Donates $10M to Mercy Corps for Increasing Financial Inclusion
16.10.2020
The donation will be used to support fintech solutions that leverage blockchain technology and digital assets to further financial inclusion
Governments, Financial Institutions See Crypto As A Tool For Financial Inclusion
30.9.2020
Although still seen mostly as a tool for investment and speculation, crypto is likely to become an effective tool for financial inclusion in about five years from now, the majority of respondents in a new survey said.
The survey - produced by organizations dedicated to tackling financial crimes...
New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow
24.8.2020
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...
OCC Seeking to Remove Structural Barriers to Financial Inclusion
11.7.2020
The OCC launched a project to identify ways to improve financial inclusion and remove barriers to credit access
Financial Inclusion, Cryptocurrency and the Developing World
25.6.2020
Regions of the world with fast-growing economic potential and young populations, such as India and Africa, will become leaders in crypto adoption
‘Satoshi Was a Black Woman’: Blockchain Entrepreneurs Talk Financial Inclusion on Juneteenth
20.6.2020
At a virtual event Friday called "Crypto & Race," blockchain entrepreneurs explored how racial inequality affects the cryptocurrency sector
Digital Dollar? Get Real, Financial Inclusion Advocates Tell Congress
12.6.2020
Currently just a flashy idea, the digital dollar is competing with duller but proven methods for the job of getting stimulus funds to every U.S. resident
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
Crypto Is the Revolution Leading Developing Countries to Financial Inclusion
19.5.2020
World regions with fast-growing financial and economic potential, such as Africa, could become the predominant crypto adopters
Blockchain Bites: FATF, Financial Inclusion and Banking Without Banks: A Look Ahead At Consensus, Day 3
13.5.2020
Your guide to Consensus: Distributed, Day 3: FATF, DeFi and why Bitcoin is still king
Why Crypto Matters for Financial Inclusion, Feat. Celo’s Marek Olszewski
5.5.2020
In a world of centralized mobile money solutions, do decentralized, permissionless currencies matter?
Heifer International Joins Libra Association to ‘Support Financial Inclusion’
20.4.2020
Heifer International has joined the Libra Association, just days after the group modified its stablecoin vision to focus on a series of single-currency tokens rather than one basket-backed version
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
14.4.2020
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion
Ripple’s Korean Partner Sentbe Praises Company for Enabling Financial Inclusion of Migrant Workers
20.3.2020
Ripple is arguably one of the most advanced crypto-blockchain projects in the world, partnering with more than 200 banks and other financial institutions across the globe. One of the major countries of focus for Ripple has been South Korea, which itself is among the fastest-growing blockchain hubs...
Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook
24.2.2020
Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra...