The survey reveals that 6.2% of underbanked households have adopted cryptocurrency, whereas only 4.8% of fully banked households have done the same. This suggests a growing reliance on digital currencies among those with limited access to traditional banking services. The data also shows a correlation between household income and cryptocurrency usage. Households with an income of $75,000 or more have a higher cryptocurrency usage rate of 7.3%, in contrast to just 1.1% among households earning less than $15,000.
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According to Cointelegraph, two users of the non-fungible token (NFT) marketplace OpenSea have voluntarily dismissed their class-action lawsuit, which accused the platform of selling unregistered securities. This decision follows a ruling by Judge Cecilia Altonaga in a Florida federal court, allowing OpenSea to compel arbitration.
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Steve Witkoff, a prominent figure in the real estate sector, joins Loeffler as co-chair. His expertise in real estate and investment is anticipated to contribute to the committee's strategic planning and execution. Witkoff's involvement underscores the importance of economic considerations in the upcoming administration's agenda.
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