IOV Labs gets ready to aid cryptocurrency adoption in emerging markets in Asia and around the world


Source: mb.com.ph mb.com.ph

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IOV Labs Cryptocurrency adoption has accelerated in emerging markets around the world. Countries such as Vietnam and the Philippines have emerged as the most active cryptocurrency users in the world. In early September, the Central American nation of El Salvador officially made the transition to taking Bitcoin as legal tender—the first-ever country in the world to do so. All throughout the world, cryptocurrency has risen in popularity thanks to its ability to circumvent traditional financial middlemen. Remittances, for example, are cheaper when done in cryptocurrency as blockchain-based transactions come with none of the fees typically instituted by traditional remittance services....