Cryptocurrencies are a hot topic for the financial sectors around the world, raising questions about their role in a modern, ever digitizing world. Some believe crypto to be the cure-all for the flaws in traditional financial systems, others worry that it’ll doom the world, referring to its environmental impact or how it is uncontrolled. It raises the question, what is the impact on the continent that has the fastest-growing market for cryptocurrencies?
Financial inclusion means that individuals and businesses regardless of their status, have access to useful and affordable financial products and services that meet their needs. These financial products may include but are not limited to payments, savings, credit and insurance – delivered in a responsible and sustainable way.