The prosperous future of crypto

In El Salvador, Bitcoin will become legal tender from September 2021, with President Nayib Bukele aiming to help the population send remittances internationally, among other uses. Before this, Venezuelan citizens have also adopted digital assets as a means to escape the hyperinflation of fiat currency. developing countries have been seen to spearhead the use of crypto currencies in an effort to bank large “unbanked” populations.

In the U.S. Congressman José Luis Ramón recently presented a bil to allow employees to receive their salary in cryptocurrencies.

DeFi is a form of finance that removes central financial intermediaries to offer traditional financial instruments that utilize smart contracts on blockchains. users can bypass strict requirements of banks and engage in p...