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News related to Crypto / Cryptonews.com - Latest Crypto News today
« on: March 03, 2020, 10:08:04 AM »
This Global Vacuum Presents Huge Opportunities for Crypto
In some regions, over 50% of the population are unbanked and the problem is much worse for women, according to a quarterly review by the Bank for International Settlements (BIS), which acts as a central authority for the world’s leading central banks.
In a special feature on innovations in payments, included in the review, Morten Linnemann Bech, Head of Secretariat of the Committee on Payments and Market Infrastructures at BIS, and Jenny Hancock, Member of Secretariat at the same Committee, argue that traditional banking services are still yet to reach large swathes of the populations in parts of the Middle East and North Africa and Sub-Saharan Africa, with women particularly affected.
cryptonews.com/news/this-global-vacuum-presents-huge-opportunities-for-crypto-5923.htm
In some regions, over 50% of the population are unbanked and the problem is much worse for women, according to a quarterly review by the Bank for International Settlements (BIS), which acts as a central authority for the world’s leading central banks.
In a special feature on innovations in payments, included in the review, Morten Linnemann Bech, Head of Secretariat of the Committee on Payments and Market Infrastructures at BIS, and Jenny Hancock, Member of Secretariat at the same Committee, argue that traditional banking services are still yet to reach large swathes of the populations in parts of the Middle East and North Africa and Sub-Saharan Africa, with women particularly affected.
cryptonews.com/news/this-global-vacuum-presents-huge-opportunities-for-crypto-5923.htm