Financial Inclusion – How Cryptocurrency is Bridging the Gap Between the Banked and the Unbanked
Numerous narratives exist regarding crypto and financial inclusion, each addressing different areas. This article explains how cryptocurrency is breaching the gap between the banked and the unbanked. What is Financial Inclusion? Financial inclusion refers to a situation where Individuals and businesses, especially the unbanked and underbanked, can benefit from financial inclusion when they have access […]
Binance exchange launches new blockchain hub in Georgia
Binance is establishing a new blockchain hub in crypto-friendly Georgia as it continues to expand its worldwide presence and creation of job opportunities for people. On March 26, Binance announced the inauguration of its brand-new blockchain hub in Georgia, with the purpose of fostering the country’s crypto adoption. Binance, which refers to the center as […]
South Korean officials intensify efforts to arrest other Terra co-founders
Following the arrest of Terraform Labs co-founder Do Kwon in Montenegro, South Korean officials have intensified attempts to locate and arrest Shin Hyun-Seong, also known as Daniel Shin – Terra’s other co-founder. Since November 2022, South Korean authorities have suspected multiple Terra colleagues of aiding Do Kwon in promoting unstable and uncertain Terra (LUNA) and […]
First Citizens Bank buys up SVB deposits and loans
According to a statement from the Federal Deposit Insurance Corporation, First Citizens Bank of North Carolina will acquire all of Silicon Valley Bank’s (SVB) deposits and loans in a deal announced on March 26th. In accordance with the purchase and assumption agreement signed on March 26, 17 former Silicon Valley Bank branches will reopen as […]