Crypto use more common among US underbanked, FDIC report says
[Nov 13 5:14 AM] Underbanked households more commonly used crypto than those with full banking access, an FDIC survey said.
1 / 1 Relevant items tagged with #Unbanked
Posts: 11
Posts
Sui blockchain taps radio waves to bank the unbanked offline
[Sep 4 10:02 AM] The Sui blockchain is innovating with alternative methods, such as radio waves, to enable offline crypto transactions for unbanked communities, even those without internet access.
Crypto is democratizing investment banking options—Lightspark founder
[Jul 25 2:00 PM] Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville.
Ricardo Salinas Explains How Bitcoin Is Leveling The Playing Field For Developing Nations
[Oct 23, 2023 11:00 AM] In recent years, Bitcoin has been making waves as a transformative force in the world of finance. Its decentralized nature and potential for economic disruption have caught the attention of many, including Mexican businessman Ricardo Salinas…
Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding
[Sep 7, 2023 9:30 PM] The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is…
Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion
‘Exhausted all options’ — Unbanked to close after being left hanging by investor
[May 25, 2023 10:49 PM] Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa, and most recently, TradeBlock.
‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
[Apr 5, 2023 2:30 AM] Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber…
Unbanked and Mastercard Team Up to Accelerate Crypto Card Adoption Within Web3 Organizations in Europe
[Jan 30, 2023 12:00 PM] PRESS RELEASE. Today it was announced that Unbanked, the leading provider of white-label crypto card issuance and program management service for Web3 companies has partnered with Mastercard, to accelerate DeFi card issuance in Europe. Mastercard…
Bitcoin Is The Solution To The World’s Economic Inequality Problem
[Jan 17, 2023 7:00 AM] After a year of growing economic disparity and damage to Bitcoin’s mainstream reputation, education is the key to solving global inequality.This is an opinion editorial by Haider Rafique, the global chief marketing officer for cryptocurrency…
MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries
[Jan 13, 2023 1:30 PM] The report concentrates on real-world research from low- and middle-income countries and untangles questions of inclusiveness, trust and functionality.