Why Crypto Is Taking Root in Emerging Markets - Barron's
5/23/2022 12:00:00 AM2 years 11 months ago
The increasing use of crypto in emerging markets is for the transfer of money in tiny chunks by expatriate workers to families back home.
El Salvadoran president Nayib Bukele was defiant in the face of recent price slides in Bitcoin, which he declared legal tender 11 months ago. He bought $15 million worth of the cryptocurrency for his… [+328 chars]
full article...