Developing countries

Central banks from Mexico and Colombia studied crypto's role in the developing world. (Flickr)

Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.

By Jack Schickler

Aug 22, 2023 at 12:00 p.m. UTC

Aug 22, 2023

RegulationsBank for International SettlementsBISlatin americaMexicoColombiaDeveloping countries

UN Development Arm: Developing Countries Should Ban Banks From Holding Crypto

Video

Tax

UN Development Arm: Developing Countries Should Ban Banks From Holding Crypto

Developing countries should introduce widespread restrictions on crypto usage given the risks to tax collection, monetary policy and financial stability, and ban banks from ho...

By CoinDesk Staff

Aug 11, 2022 at 5:58 p.m. UTC

Aug 11, 2022

TaxcdtvUnited NationsHash clipDeveloping countries

Policy

Africa

Money Reimagined: The Ongoing Crisis Is Stirring a Crypto Awakening in Developing Nations

Peer-to-peer bitcoin transactions are up in the developing world. This has everything to do with "QE Infinity" and could be an opening for stablecoins.

By Michael J. Casey

Jun 5, 2020 at 8:18 p.m. UTC

Jun 5, 2020

AfricaBitcoinDeveloping countriesNewslettersMoney Reimagined