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Analysis: Scepticism Grows in El Salvador Over Pioneering Bitcoin Gamble
El Salvador will be first to adopt cryptocurrency as legal tender next month – but economists are sounding warnings over risks.
- Categories
- Finance, Technology
- Region
- Latin America
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Viewpoint: How Bitcoin Improves Financial Access and Inclusion
Bitcoin is, for many, the first opportunity to store wealth in a safe and secure manner, without outside manipulation, while facilitating financial inclusion.
- Categories
- Finance
- Region
- Global
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El Salvador Becomes First Country to Adopt Bitcoin as Legal Tender After Passing Law
Lawmakers in the Central American country’s Congress voted by a “supermajority” in favor of the Bitcoin Law, receiving 62 out of 84 of the legislature’s vote.
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- Finance, Technology
- Region
- Latin America
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Bitcoin Too Volatile To Aid Financial Inclusion, Says Mastercard CEO
The inherent volatility of Bitcoin makes it ill-fitted for the needs of unbanked people, argued Mastercard CEO Ajay Banga.
- Categories
- Finance, Technology
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Overthrowing the King: Could Central Bank Digital Currencies Replace Cash in Post-COVID-19 Africa?
Despite advances in digital technology, cash has remained the undisputed king of payments in sub-Saharan Africa. However, as Michaella Allen and Christine Hougaard at Cenfri explain, COVID-19 has placed a stigma on cash and led governments across the region to actively encourage digital payments. They explore the implications of this shift, and whether it could make central bank digital currencies a viable alternative.
- Categories
- Coronavirus, Finance, Technology
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Viewpoint: True Decentralization Is Needed for Financial Inclusion and Coronavirus Stimulus
Blockchain technology can reduce the inefficiency and even corruption that accompany centralization. While those who already have access to significant capital can make blockchain investments, it’s important to remember how everyone from small-business owners and workers to underserved communities can benefit.
- Categories
- Coronavirus, Entrepreneurship, Finance
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Viewpoint: Story From People the Crypto Community Needs to Stand up and Fight Racism
Robert Greenfield is the CEO of Emerging Impact, a benefit corporation that supports NGOs and government agencies to leverage blockchain technology in social protection. Previously he was head of Social Impact & Diversity Programming at ConsenSys.
- Categories
- Coronavirus, Education, Entrepreneurship, Finance, Health Care, Impact Assessment, Investing, Technology
- Region
- North America
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Crypto May Be the Future of Humanitarian Aid
Venezuelans need a way to access the world economic marketplace that bypasses the regime’s control, a way to attain a degree of financial independence. And for some citizens of Venezuela, help has arrived in the form of bitcoin.
- Categories
- Finance
- Region
- Latin America
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