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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRobinhood announces crypto transfers for European customers: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cleve Mesidor of the National Policy Network of Women of Color in Blockchain discusses the letter the group sent to the Kamala Harris campaign, advocating for crypto policy.
Persons: Robinhood, explainers, Cleve Mesidor, Blockchain, Kamala Harris Organizations: CNBC Crypto, CNBC, National Policy Network
Many Black Americans have invested in cryptocurrency in recent years. Closing the wealth gap is among the reasons some Black investors turned to crypto in the first place. As of September 2021, 18% of Black Americans overall had invested in, traded, or used a cryptocurrency, compared to 13% of white Americans, according to a Pew Research poll of over 10,000 US adults. First, some Black investors may see crypto as a way to close the racial wealth gap. An April Ariel and Charles Schwab survey found 28% of Black Americans distrust banks, compared to 18% of white Americans.
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