Left behind by financial system, minorities turn to new products

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Left behind by financial system, minorities turn to new products

Minority Americans are turning to so-called decentralized financial products like cryptocurrency as a central part of their financial lives following decades of distrust in traditional banks. About 23 percent of Black and 17 percent of Hispanic Americans own cryptocurrency compared to 11 percent of whites, according to two Harris Poll-USA Today surveys of more than 2,000 U.S. […]
The post Left behind by financial system, minorities turn to new products appeared first on Roll Call.
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