On this occasion they share with you some of the ways in which they can influence:

Positive aspects

Global access: Cryptocurrencies can enable people without access to traditional financial services to participate in online transactions and savings, improving their financial inclusion.

Cross-border transfers: They facilitate international money transfers, reducing costs and time, which benefits communities that depend on remittances.

Negative aspects

Digital exclusion: However, to use cryptocurrencies, Internet access and devices are needed. This may exclude those who do not have access to technology.

Volatility: Fluctuating cryptocurrency prices can be a risk for people unfamiliar with financial markets, which could lead to losses.

Regulation: Lack of proper regulation can increase the risk of scams and fraud, which could hurt users and discourage adoption.

In summary, cryptocurrencies have the potential to improve financial inclusion, but also present challenges that need to be addressed.

CONAMYPE will hold a webinar on financial inclusion and the new form of money, this september 7, at 9 am on the zoom platform, you still have time to register to learn more about this topic.

Translated by: A.M