Crypto promise for migrant workers in UAE

Dubai along with the rest of the United Arab Emirates (UAE) is inching closer to inaugurating licensed crypto exchanges, an initiative that could enhance financial inclusion for the countless who constitute most of the territory’s workforce. Migrants may be able to send money home using online wallets with smaller or no fee at all and…

Bitcoin users in Salvadoran to receive $30 from the government

Encountering hostility from the World Bank, opposition parties and IMF to his stand to make bitcoin legal tender in EI Salvador, President Nayib Bukele has promised $30 for each netizen who endorse the crypto. Began by Bukele, this month EI Salvador’s parliament accepted a law to allow the crypto money to be accepted as tender…