(Reuters) – American households thought-about “underbanked” — or who depend on providers like test cashing and payday loans to satisfy their monetary wants — usually tend to maintain cryptocurrencies than households with higher entry to the standard banking system, in accordance with a authorities report launched Tuesday.
The report from the U.S. Federal Deposit Insurance coverage Company additionally confirmed that one in eight buyers utilizing buy-now-pay-later providers had missed or made a late fee on a minimum of one in every of their purchases.
