#developing-economies News & Analysis

2 articles tagged with #developing-economies. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

2 articles

CryptoBullishCoinDesk · May 97/10

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Emerging-market users are treating crypto exchanges like banking apps, Binance says

Binance highlights that emerging-market crypto exchange users are adopting digital assets as banking alternatives, driven by massive gaps in traditional financial access. The exchange points to 1.3 billion unbanked adults, 4.7 billion without credit access, and 1.4 billion low-income savers earning zero deposit interest as core drivers of crypto adoption in developing economies.

CryptoBearishCoinDesk · Apr 116/10

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Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.

Bhutan has liquidated 70% of its bitcoin holdings over 18 months, reducing its portfolio from 13,000 BTC to 3,954 BTC, with $215.7 million sold this year alone. The nation appears to have also ceased its bitcoin mining operations, with no significant inflows recorded in over a year, signaling a strategic shift away from cryptocurrency assets.

$BTC