News with the tag "unbanked"

Last year, underbanked households more commonly used crypto than those with no banking access whatsoever, according to an FDIC survey.

Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville.

Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple offerings,...

The Indian instant payment system is gradually making its way around the world. Soc India and Peru collaborate on payments

Ricardo Salinas sits down in an interview to discuss what Bitcoin can do for the developing world.

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 working with central banks, some of whom “are actually ge...

On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached at the end of Novemb...

Unbanked, a cryptocurrency fintech firm specializing in crypto custody and payments services, has recently announced its decision to shut down operations due to the challenging regulatory environment for cryptocurrencies in the United States. In a blog post on May 26, Unbanked’s co-founders, Ian Kan...

Unbanked, a crypto fintech firm specializing in crypto custody and payments services, has made the difficult decision to close its operations, citing a harsh regulatory environment for cryptocurrencies in the United States.

Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa, and most recently, TradeBlock.