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IMF Chief Calls for Clear Crypto Regulation — Warns High Crypto Adoption Could Undermine Financial Stability
16.12.2023
The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable, and accessible financial system by providing rules...
Verida and inDAO Team Up to Help Uzbekistan Adopt Web3 Tech
15.12.2023
Source: Pixabay inDAO, a specialized organization focused on incorporating blockchain technology into daily life, and Verida, a provider of self-sovereign digital identity solutions, have formed a partnership with the goal of promoting the widespread adoption of Web3 in Uzbekistan. The partnership...
Ripple Releases Framework on the Future of CBDCs Highlights Benefits and Challenges
15.12.2023
Source: AdobeStock / photo_gonzo Blockchain payment firm Ripple has rolled out a whitepaper on the state of Central Bank Digital Currencies (CBDCs), their utility in cross-border payments as well as challenges towards adoption in several jurisdictions. The framework published on Dec 14 explains...
Crypto KYC Solutions Advance to Ensure Adoption and Better User Experience
14.12.2023
Know-your-customer (KYC) measures are becoming more important as the cryptocurrency sector grows. These models have proven to help digital asset service providers prevent against crimes such as money laundering, terrorist financing and more. Yet while KYC processes can help financial firms better...
Turkish Banking Titans Move into Crypto Space, Anticipating Upcoming Legislation
14.12.2023
Source: iStock / Muratani As Turkey prepares for new legislation in the crypto sector, major banking institutions in the country are making moves to secure their positions in the digital asset space. Despite uncertainties about the potential strictness of the impending laws, institutional adoption...
Lolli Secures $8M in Series B Funding to Boost Crypto Adoption Through Innovative Rewards System
14.12.2023
With a fresh infusion of $8 million in Series B funding, Lolli aims to be well positioned to continue improving upon and growing the cryptocurrency rewards sector. Lolli Secures $8 Million for Crypto Rewards Market Expansion Lolli, a prominent player in the bitcoin and cashback rewards arena, today...
Immutable Eliminates Fees in zkEVM Gaming Solution + More News
14.12.2023
Source: Immutable Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Immutable Eliminates Fees in Next-Gen zkEVM Gaming Solution Lufthansa Loyalty Program Onboards New Partners Via Blockchain...
New console?: Sony and Microsoft accelerate the adoption of Blockchain technology
14.12.2023
Gaming giants Sony and Microsoft have been actively incorporating Blockchain technology into their operations. Their moves marked a crucial development with the potential to reshape the gaming industry and, with that, the mainstream adoption of Blockchain. Many are questioning whether their...
Turkey’s Banking Giants Go Big on Crypto as Legislation Looms
13.12.2023
This week, two of the country’s largest banks announced crypto initiatives
LatAm Embraces Wider Stablecoin Adoption: Circle Report
13.12.2023
Source: Getty Images Fintech firms in Latin America are rapidly embracing digital finance solutions, fueled by an increase in crypto adoption among citizens. In a recent report, USDC issuer Circle revealed that citizens of LatAm countries received $562 billion in digital currency value between 2021...
Russians Turn their Backs on Cash, Study Shows – Good News for CBDC & Crypto Adoption?
13.12.2023
Source: hodim/Adobe More Russians are rejecting cash in favor of “non-cash” payments, a study has found – as crypto adoption increases and the nation prepares for a CBDC launch. Glavportal reported that “the share of non-cash turnover in Russia reached 64.2% in the third quarter of 2023,” per...
BNB Chain’s New Roadmap Prioritizes Blockchain Adoption, Web2 and AI Support
12.12.2023
Source: AdobeStock / akif BNB Chain has unveiled the roadmap for the Greenfield decentralized storage network targeting web2 and web3 integrations and better innovation to drive blockchain adoption. In a Dec 12 statement, the company highlighted key areas of Greenfield’s development roadmap...
Segregation of Exchanges, Market Makers and Custodians Necessary for Crypto Businesses to Thrive
10.12.2023
  Crypto whales acquire AI token $LPXX amid Microsoft’s AI talent acquisition. Image by Kaleb, Adobe Stock. The cryptocurrency sector may be advancing, yet industry experts are becoming aware that exchanges, market makers and custodians must act as separate entities in order...
StarkNet Foundation Set to Allocate 1.8B STRK Tokens for User Rebates and Provisons’ Committee
9.12.2023
Source: Starknet The Starknet Foundation has unveiled plans to distribute 1.8 billion STRK token rewards and rebates to drive the adoption and growth of the Starknet blockchain. While specific distribution plan details are not provided, the Foundation intends to involve various committees...
US States Collaborate to Drive Blockchain and Cryptocurrency Adoption
8.12.2023
Source: AdobeStock While United States federal policymakers look to implement cryptocurrency and blockchain regulations, state-led organizations are taking initiatives to ensure that policy focused on cryptocurrency and blockchain adoption pass within the U.S. This is important to consider given...
Chinese Cities Launch End-of-Year Digital Yuan Giveaways
8.12.2023
Source: Putra/Adobe More Chinese cities will give away digital yuan tokens and discount vouchers this month, as the People’s Bank of China (PBoC) looks to spur CBDC adoption. The Hebei News Network reported that the PBoC’s Hebei branch and local government authorities in the province will give...
While Bitcoin (BTC) Holds Firm above $43,000, The Graph (GRT) and InQubeta (QUBE) Prepare for Big Shifts
7.12.2023
Within the constantly changing world of virtual currencies, Bitcoin is notable for its stability. Bitcoin has remained largely unaffected by recent market swings, with the best cryptocurrency holding firm currently trading above $43,000. A number of factors, such as institutional adoption, limited...
SEC, Spot Bitcoin ETF Issuer Talks have “Advanced to Key Details:” Report
7.12.2023
Discussions between the U.S. Securities and Exchange Commission (SEC) and hopeful spot Bitcoin ETF issuers have progressed to “key details,” according to a new report citing industry executives. “Mark your calendars people” Reuters reported the encouraging news on Thursday morning...
Bitcoin Boost: GTA VI Trailer Leak Features ‘Buy BTC’ Message
7.12.2023
Source: WallStreetBTCX / Twitter Before Rockstar Games had time to release the official version, an anonymous leaker revealed the Grand Theft Auto 6 trailer – donning a buy-BTC ad. There has been a lot of debate over whether the much-anticipated game would feature an in-game cryptoasset. Many...
Warren Buffett-Backed Nubank Collaborates With Circle and Talos to Increase Crypto Access in Brazil
7.12.2023
Warren Buffett-backed Nubank is collaborating with crypto firms Circle and Talos to increase crypto access and adoption in Brazil. Nubank Cripto has added 11 new cryptocurrency options to the platform this year. “We continue to see strong demand across Latin America for access to dollars...