DeFi Must Avoid Repeating the Wealth Gap Found in Traditional Finance

Decentralized Finance (DeFi) is providing promises to improve upon traditional finance. However, the complexity is still a barrier to entry for many.
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To this day, people approach savings by putting money away in a savings account.

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El Salvadorian Bitcoin Usage is Exceeding Expectations, Says Bukele – BeInCrypto

According to a few recent Twitter posts, investors in El Salvador are putting more cash into Bitcoin ATMs than they are taking out. Bitcoin has been legal tender in El Salvador for little more than a month.

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Major Banks Oppose Basel Rules for Cryptocurrency Risks – BeInCrypto

The biggest U.S. and European banks, including JP Morgan Chase and Deutsche Bank, oppose new Basel rules for cryptocurrency risks.
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Opposition to the rules say that they would nudge crypto trading into unregulated areas of the financial landscape.

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Every Country Needs a Crypto Strategy After El Salvador, Says Charles Hoskinson – BeInCrypto

Cardano Founder Charles Hoskinson recently reflected on El Salvador’s adoption of bitcoin as legal tender urging other countries to follow suit with crypto adoption plans.
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In a congratulatory note posted on YouTube, Hoskinson saluted bitcoin on its historic achievement.

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Institutional Investment in Crypto — Experts Weigh-in on Implications

As institutional investment pours into the crypto space, there are questions about how this will affect the space. Insiders look at the opportunities to push for mainstream adoption while also weighing up overall influence.
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The crypto space exploded over the last year.

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American Bankers Association Report Suggests Banks Partner With Crypto Firms – BeInCrypto

A new report from the American Bankers Association (ABA) recommends banks partner with crypto firms. The report cites both an increase in profitability of the crypto space and rising client interest as reasons.

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