Latest Global Findex Survey: Share of Adult Population with a Bank Account No...
Between 2011 and 2021, the share of the world’s adult population that had bank accounts rose from 51% to 76%, the findings of the latest World Bank Global Financial Index survey have shown. About 1.4 billion adults are, however, still unbanked, not having the money or the identification required for opening a bank account. Mobile Money Narrows Financial Exclusion Gap in Sub-Saharan Africa According to the findings of the 2021 Global Financial Index (Findex) survey, the percentage of the world’s adult population with a bank account is now 76%, a fifty percent....
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European bitcoin exchange CoinMate has announced a new partnership with payment provider MoneyPolo. This enables users from over 100 countries to exchange cash for bitcoin and back. Users who wish to buy bitcoin with cash, need to open a MoneyPolo account as well as a CoinMate account. They can then fund their MoneyPolo account with cash at one of the company's partners with brick-and-mortar locations in over 100 countries. Once the MoneyPolo account is funded, the money can be transferred to CoinMate for free, where it can be used to buy bitcoin. Users who want to sell bitcoin for cash....
Every Salvadoran adult who downloads the government’s Bitcoin wallet app will be eligible for an airdrop of $30 worth of BTC. The president of El Salvador has announced the government will airdrop $30 worth of Bitcon (BTC) to every adult citizen of the country.The announcement was welcomed by Bitcoiners, with influencers speculating El Salvador’s government wil need to purchase the required BTC it intends to distribute adding more than $100 million in buying pressure on markets.Quickly googled estimates of the adult population of El Salvador varied, with onchain analyst Willy Woo tweeting....
Leading adult site Porn.com has started accepting bitcoin payments. The site is one of the biggest adult entertainment operations on the Internet, if you don't count illegal torrent sites. Porn.com currently accepts traditional credit card payments, PayPal and online cheques, along with bitcoin of course. Bitcoin payments on adult sites are nothing uncommon, but Porn.com is by far the biggest service to embrace bitcoin. Most adult sites that accept bitcoin are tiny and easily dwarfed by Porn.com, as it is effectively an umbrella for heaps of smaller porn sites. The advantages of using....
The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey Bank of America (BofA) released its June Global Fund Manager Survey this week. The survey, conducted between June 4-10, covers 224 fund managers with $667 billion under management. The fund managers were asked about many issues of concern to investors, ranging from where the economy and markets....
Following the announcement of its partnership with payment provider MoneyPolo, UK-based CoinMate has enabled Bitcoin cash purchases in over 150 countries. The Bitcoin startup, as per its comments to media, was heavily focussing on eliminating the need of banks while selling/purchasing Bitcoin. And then they found MoneyPolo, a renowned cash transfer company with services spread across over 100 countries. CoinMate strategically decided to integrate the said company onto their platform, while admitting to have been impressed by its cost effective cash withdrawal and deposit services.....