News
“The cryptocurrency bull market has been good to all of us in this industry and this holiday season is the perfect time to pay it forward,” said Unbanked co-CEO Ian Kane.
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Unbanked News
“Unbanked” is a slang definition of adults who do not own bank accounts and avoid using banks in any other capacity. The term ‘unbanked’ should not be confused with “underbanked,” which is used to describe people who do not have sufficient access to financial services. The problem of being unbanked is widely researched in the USA, where unbanked people represent 7.7 percent of population. Due to the US’s research, most of the US’s unbanked are white, native-born Americans. They choose to be unbanked for various reasons, including involvement in illegal activities, distrust of financial institutions and extreme poverty. Banking the unbanked is an important issue and can help the poor to gain financial stability. Blockchain-based technologies are often referred to as a way of providing the services of financial institutions to people who don’t want to get involved or can’t be involved in traditional organizations.
- Opinion
A more inclusive DeFi lending protocol can empower the unbanked and underbanked in ways traditional finance cannot.
7195 - News
Arcane Research says that Lightning Network usage has been on a steep upward trajectory since late last year, but in September, growth went parabolic off the back of El Salvador’s Bitcoin adoption.
6870 - Opinion
With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need.
5917 - Experts Answer
Here’s what crypto and blockchain experts think about the impact of blockchain technology on lesbian, gay, bisexual, transgender and intersex people.
195 - Analysis
Bitcoin ATMs may make it easier for the mainstream and unbanked to access crypto, but will security risks hamper adoption?
6892 - Experts Answer
Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender.
83 - News
The fintech firm hopes to expand financial products for the unbanked.
5231 - Opinion
Without proper crypto regulation, the U.S. government might create a massive roadblock to financial inclusivity.
14534 - Opinion
Tokenization has a long way to go before it will uplift populations in emerging-market states, but it will bring the needed stability.
10582 - Expert Take
Crypto isn’t inherently good in just its development and proliferation; the community must address the reasons causing financial exclusion.
3137 - Opinion
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.
9448 - Expert Take
Blockchain and cryptocurrency have great potential to help us, especially in these challenging times of the global coronavirus outbreak.
7033 - Opinion
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.
11587 - News
Issues such as financial inclusion and competition with China propelled a hearing on digital dollars before the U.S. Senate today.
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