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Australian government awards $4M in grants to two blockchain startups
13.7.2021
The new investment aims to explore blockchain’s capability to expand the competitiveness of Australia’s critical minerals and food and beverage industries
Bringing Crypto Mass Adoption to the UAE
13.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Crypto mass adoption has been the biggest aim for the entirety of the crypto space since Bitcoin came into existence back in 2013. Usually, people do a variety of things they don’t understand even if it...
UAE to experiment and launch an in-house digital currency
12.7.2021
As a part of the 2023-2026 strategy, CBUAE intends to be among the world's top 10 regulators
El Salvador Bitcoin move will put pressure on network: JPMorgan
12.7.2021
Daily payment activity in El Salvador would represent more than 1% of the total value of BTC that have been transferred between wallets in the past year, JPMorgan experts say
China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals
11.7.2021
China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional campaign for the CBDC is currently focused on five major cities, taking into account their regional development...
Technically Capable Bitcoin Has Other Mass Adoption Challenges To Solve
11.7.2021
Bitcoin (BTC)’s price may be wobbling at the moment, but the most popular cryptocurrency continues to attract a steady stream of interest from the wider world. Most recently, US-based payments giant NCR and digital asset management company NYDIG partnered to let around 24m customers of 650 US banks...
Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks
11.7.2021
Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the risks of using them as a means of payment. The Bank of Thailand (BOT), the country’s central bank...
6YO Cardano Still Compensates Lack Of Adoption With Plans & Hopes
10.7.2021
Charles Hoskinson. Source: a video screenshot, Youtube, Real Vision Finance
Cardano (ADA) has been one of the better performing major cryptoassets this year. When bitcoin (BTC) started tanking following Tesla’s rejection of the cryptocurrency in May, ADA began a climb up to its current all-time...
Majority of Salvadorans Skeptical of BTC as Currency, Poll Finds
10.7.2021
President Nayib Bukele’s adoption of cryptocurrency as legal tender in his country is not being met with deep understanding by most of his fellow Salvadorans, a new survey suggests. Almost half of the respondents admitted they knew nothing about Bitcoin, while two-thirds aren’t ready...
UN commission serves new warning against BTC adoption in El Salvador
9.7.2021
ECLAC executive secretary stressed that there is no study yet that would have investigated potential risks or benefits of El Salvador accepting BTC as legal tender
Crypto usage in Turkey jumped by elevenfold in a year, new survey shows
8.7.2021
A new survey conducted in Turkey reveals how the perception of cryptocurrencies evolved over the last year
Survey: 21% of UK crypto investors say they know almost nothing about it
8.7.2021
A new survey reveals that nearly two in five crypto investors in the U.K. admit their understanding of the sector was "poor or non-existent" when they first purchased cryptocurrency
Charles Hoskinson Faces Twitter Backlash as His Cardano Predictions Fall Short of Reality
7.7.2021
Charles Hoskinson, the founder of Cardano, has recently found himself the target of Twitter critics as year-old tweets that highlighted projections for the network’s adoption are failing to match community expectations. Slower Rollouts and Sluggish Adoption Spotlighted by Critics Cardano,...
Visa reports over $1 billion in crypto spending in H1 2021
7.7.2021
Payment giant Visa will continue connecting the crypto economy to its “network of networks” to support the broader digital transformation of financial services
Israel to welcome 11th president with oath of office on NFT
7.7.2021
The NFT is a digital representation of the oath of office signed by Israel’s sixth president, Chaim Herzog, who is the father of President-elect Isaac Herzog
Striking a chord: DeFi’s domino effect on NFTs and Web 3.0 adoption
6.7.2021
The increased demand for transparency and open-source solutions creates a domino effect that will result in total Web 3.0 adoption
UBS Warns Of Regulation While Crypto Adoption Signs Keep Coming + More News
6.7.2021
Source: iStock/Rafael_Wiedenmeier
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Regulation news
Swiss banking giant UBS has warned its clients that regulatory crackdowns "could...
Turning bullish? Institutions are net buyers of crypto for the first time in 5 weeks
6.7.2021
CoinShares’ weekly report showed institutional managers are buying into crypto funds again after four weeks of profit taking
Marshall Wace hedge fund giant to reportedly dive into crypto
6.7.2021
Marshall Wace is reportedly still discussing the size of its new digital currency-related portfolio with potential investors
Bitcoin volatility will always disappoint some investors: Michael Saylor
6.7.2021
Traders that get into Bitcoin for short-term gains stand to be disappointed by the volatility associated with Bitcoin, according to MicroStrategy's CEO