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South Korean Bank Shinhan Launches Nation’s First Corporate Crypto-Fiat Account
9.4.2022
The South Korean commercial banking giant Shinhan has become the first bank in the nation to offer crypto account services to a corporate client.
ZDNet Korea reported that on April 7, the bank created a corporate fiat KRW account exclusively for cryptoasset transactions to the crypto exchange...
DeFi Giant Yearn Leads the Way on ERC-4626 Token Standard Adoption
8.4.2022
The new standard for yield-bearing tokens could unlock innovation in the burgeoning Ethereum economy
Bitcoin Lags Behind Ethereum & Altcoins Despite Strike, Robinhood, and Legal Tender News
8.4.2022
The bitcoin (BTC) price lagged behind ethereum (ETH) and other major altcoins today, despite a series of bullish news announcements coming from the Bitcoin 2022 conference in Miami, USA.
At 09:50 UTC on Friday, BTC stood at USD 43,644, up just 0.6% for the past 24 hours and down 4% for the past...
Shopify Bitcoin payments integration triggers legal questions from the community
8.4.2022
Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify
Surging Consumer Interest in Crypto is Accelerating eCommerce Adoption - Survey
8.4.2022
The global adoption of cryptoassets for eCommerce is gaining speed -- as 40% of 18-35-year-olds plan to pay for goods and/or services with crypto in 2022, according to a recent report released by global payments provider Checkout.com.
This figure is up from less than 30% recorded last year. ...
Crypto-Powered Ukrainian Charity Launches Debit Card for War Victims
8.4.2022
The crypto community-backed charitable venture that earlier received a USD 2.5m fund boost from the Ethereum (ETH) co-founder Vitalik Buterin has announced it has launched a charity crypto debit card that will allow Ukrainian users to access funds and humanitarian aid....
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WeChat Pay to Offer Digital Yuan Payment Options as China’s CBDC Pilot Expands
8.4.2022
The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token.
As reported, the central People’s Bank of China (PBoC) has recently expanded the number of cities included in...
Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022
7.4.2022
Bitcoin is already legal tender in Roatán, Honduras and Madeira, Portugal. Now a Mexican Senator wants to make it so in her country as well
HBAR Foundation launch $250M metaverse fund to enhance consumer brand adoption
7.4.2022
This is the largest fund the HBAR foundation has launched to date, a statement of intent for their aspiration in the tokenized economy and metaverse space
'Bitcoin Is Being Embraced' by the Government & Regulatory Future Is ‘Bright’ - MicroStrategy's Saylor
7.4.2022
Bitcoin (BTC) is “being embraced” by the US Government, and the regulatory future for the asset is bright, MicroStrategy CEO Michael Saylor said during a discussion at the Bitcoin 2022 conference on Thursday....
Read More: 'Bitcoin Is Being Embraced' by the Government & Regulatory Future...
Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican Senator Sends Bullish Sign Too
7.4.2022
The island of Roatán in Honduras and Portugal’s Madeira region are both set to “adopt bitcoin,” while a Mexican senator hinted that new talks about making bitcoin legal tender in this country about to begin....
Read More: Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican...
Exclusive: How the Ukrainian Crypto Fundraising Started, How It's Going, and What's Next
7.4.2022
Prior to the war, the Ukrainian government had been carefully crafting a light-touch regulatory framework aimed at promoting and fostering the crypto sector.
But the war has had an unexpected effect on crypto and government in the war-ravaged nation. It has essentially turbo-charged certain...
Cash App Launches ‘Paid in Bitcoin’ Function, Adds Lightning Transfers
7.4.2022
Cash App, the mobile payments app developed by the Jack Dorsey-led payments firm Block, Inc., announced three new bitcoin functions today, including a new way to receive bitcoin (BTC) payments via the Lightning Network.
Speaking at the Bitcoin 2022 conference in Miami on Thursday, Miles Suter...
Investors Show Rising Interest in Crypto, but Financial Illiteracy Hampers Investments - Surveys
7.4.2022
A series of recent polls are indicating a surge in interest in cryptoassets by US investors from across the generational and ethnic spectrum, but obstacles such as financial literacy gaps and inaction in dealings with financial advisors continue to hamper an accelerated crypto adoption...
Crypto ETPs & ETFs to Surpass USD 120B Under Management in Six Years – Analysts
6.4.2022
The assets under management (AUM) in crypto-backed exchange-traded products (ETPs) and exchange-traded funds (ETFs) are likely to surpass USD 120bn by the year 2028, fueled by institutional demand and possible US policy changes, according to analysts at Bloomberg Intelligence.
This figure...
DeFi and Blockchain 'Are Real' - JPMorgan CEO
6.4.2022
Wall Street investment bank JPMorgan is persuaded that decentralized finance (DeFi) and blockchain technology bring major growth potential, and is determined to remain “at the forefront of this innovation,” Jamie Dimon, the bank’s Chairman and CEO, wrote in his latest letter to the company's...
Sky Mavis Raises USD 150M, HSBC & Metaverse, BitPay Adds Bitcoin Lightning Network + More News
6.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Sky Mavis Raises USD 150M, HSBC & Metaverse, BitPay Adds Bitcoin Lightning Network + More News
Yearn Finance advocates for the adoption of ERC-4626 tokenized vault standard
6.4.2022
The widely-popular DeFi protocol announced its support for the newly-passed ERC on Wednesday, stating that Yearn V3 plus ERC-4626 equals "Inevitable.”
US Hits Russian Crypto Exchange with Sanctions, Russian Central Bank Affraid That Crypto Will Replace Ruble
6.4.2022
The United States has hit the crypto exchange Garantex with sanctions, claiming that it has “willfully disregarded” anti-money laundering and countering the financing of terrorism (AML, CFT) obligations and “allowed” its “systems to be abused by illicit actors.” A joint Washington-Berlin effort...
Bukele Returns to Miami Bitcoin Conference as Gangland Crackdown Takes Gruesome Turn
6.4.2022
International bitcoiners will be turning their eyes to El Salvador again this week – but some are concerned that government’s aggressive recent crackdown on gang crime could undermine its standing in the bitcoin (BTC) community....
Read More: Bukele Returns to Miami Bitcoin Conference...