Category: Unbanked


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


Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters InclusionNearly 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 excluded adults in the past few years, overall “the actual number […]


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


Egypt's Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34A 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. The Premium on BTC In addition […]


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


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 Narrowing Financial Exclusion Gap Therefore, in their effort […]








New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow


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 is increasing: it is not burdening users […]

The post New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow appeared first on Bitcoin News.









Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto


Unbanked for Buying Bitcoin: How the Financial System Criminalizes CryptoWhen we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. In the West, relatively affluent citizens are having their banking services withdrawn suddenly and without warning. Their ‘crime’? Buying […]

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How Crypto-Based Microfinance Benefits Small Businesses


How Crypto-Based Microfinance Benefits Small BusinessesStarting your own business isn’t easy given the reluctance of banks to grant credit. Gone are the days when a compelling business plan would be enough to have the branch manager shaking your hand and bankrolling your venture. For entrepreneurs in developing nations, where even obtaining a bank account can prove challenging, getting their idea […]

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A Millennial and Crypto Love Story: How This Generation Is Ghosting Banks


America’s youth has long been in a bad relationship with banks. Their predatory, self-serving practices have left a bad taste in the mouths of many young consumers, who have historically acclimated and resigned themselves to the system as they aged. Millennials have been accused of killing almost every industry, from golf to napkins, but now […]

The post A Millennial and Crypto Love Story: How This Generation Is Ghosting Banks appeared first on Bitcoin News.


Chatter Report: Pacia Shows Avalanche Regtest Data, Powell Advocates Hardware Wallets


Pacia Showcases Avalanche Regtest Data, Powell and Zhao Express Different Opinions on Crypto SafetyIn today’s chatter report, Chris Pacia reveals his BCH transaction using Avalanche on regtest finalized in just 185.822377 milliseconds. Also, Changpeng Zhao advocates storing crypto on reputable exchanges while Jesse Powell advises his followers to store crypto on hardware wallets. Lastly, Eric Wall proposes targeting children to spread crypto adoption.  Also Read: Jason Cox Extends Open […]

The post Chatter Report: Pacia Shows Avalanche Regtest Data, Powell Advocates Hardware Wallets appeared first on Bitcoin News.


The Struggles and Successes of Introducing Crypto to the Unbanked: A Social Experiment in Colombia


The Struggles and Successes of Introducing Crypto to the Unbanked: A Social Experiment in ColombiaHow cryptocurrency can help the unbanked has been a hot topic over the past 12 months. It is a laudable goal, but one that it is by no means easy to accomplish. One tech enthusiast and stablecoin startup employee, Steven Gilbert, experienced the struggles – and successes – of attempting to do so when he […]

The post The Struggles and Successes of Introducing Crypto to the Unbanked: A Social Experiment in Colombia appeared first on Bitcoin News.


Chatter Report: Antonopoulos Criticizes KYC, Kasireddy Claims Decentralization Not Always Better


Criticism is the overarching theme of today’s crypto chatter roundup. Andreas Antonopoulos vehemently opposes mandatory KYC to access banking services. Also, Preethi Kasireddy calls for cryptocurrency users to rethink decentralization. Also Read: Jimmy Song Uses Andreas Antonopoulos Model, Open Sources Forthcoming Book The Role of Documentation in Banking Mastering Bitcoin author Andreas Antonopoulos recently released […]

The post Chatter Report: Antonopoulos Criticizes KYC, Kasireddy Claims Decentralization Not Always Better appeared first on Bitcoin News.


Report: BTC Gets a Health Check in ‘The State of Bitcoin’


Report: BTC Gets a Health Check in “The State of Bitcoin”Delphi Digital has taken a deep dive into bitcoin core in its first “The State of Bitcoin” report. The 59-page document from the digital asset investment company leaves no stone unturned, covering everything from BTC payments to coin distribution and rolling returns compared to stocks and gold. The report brings together a plethora of interesting […]

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