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Monday, 07/12/2021 8:49:16 AM

Monday, July 12, 2021 8:49:16 AM

Post# of 107458
*****”A software wallet is needed to make use of cryptocurrency. So for those who are facing a lot of hurdles in making their bank account can turn to cryptocurrency.”*****

“According to the World Bank 1.7 billion people do not have bank accounts due to the lack of documentation or any other hindrances. Such people mostly live in developing countries where the banking system is not that vast and is of small scale. Because of which the developing world has adopted the cryptocurrency in the first place.”

“Therefore, data shows there has been an increasing trend in the adoption and usage of crypto in such developing countries. Platforms like PayPal are aiming to introduce a feature which would allow its users to make payments via their cryptocurrencies, for both – local as well as international transactions.”

https://www.europeanbusinessreview.com/the-adoption-of-cryptocurrencies-in-the-developing-world/

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