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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...
New Features in Coinbase Wallet Simplify International Money Transfers – Crypto Adoption on the Rise?
6.12.2023
Source: Marco Verch Professional Photographer on Flickr-CC Coinbase Wallet is introducing enhanced features to facilitate seamless, cost-effective, and rapid international money transfers, potentially contributing to increased crypto adoption. According to an announcement from Coinbase from...
Digital Financial Giant Nubank Partners with Circle for USDC Integration
6.12.2023
Source: Circle / Twitter The Brazilian neobanking unicorn Nubank is furthering its crypto adoption journey by partnering with USDC issuer Circle. According to Circle’s press release, the partnership aims to extend USDC access to Brazilian Nubank customers. Nubank’s announcement added...
The City of Lugano Drives Crypto Adoption, Accepts Bitcoin and Tether for Tax Payments
5.12.2023
Lugano takes a major step in crypto adoption by letting residents pay taxes with Bitcoin and Tether. Image by Myst, Adobe Stock. The city of Lugano, Switzerland made a bold move to drive cryptocurrency adoption by announcing today that it will now accept tax payments in Bitcoin (BTC) and Tether...
Crypto.com Gains Key UK Regulatory Approval as Electronic Money Institution
4.12.2023
Cypto.com regulatory approval in the UK sets the stage for the company to offer additional financial services. Image by Timon, Adobe Stock. Today, cryptocurrency platform Crypto.com gained key regulatory approval in the United Kingdom. The company announced in a press release that it has been...
Nettexx: A Definitive Business-Centric Cryptocurrency Platform
4.12.2023
Amidst the continuous transformation of the global marketplace, organizations across diverse industries proactively pursue novel approaches to improve customer contentment and optimize processes. The prevalent adoption of cryptocurrencies significantly impacts the dynamics of business transactions...
Breaking: TRON’s Innovation and Bitcoin’s Dominance Challenged by This Crypto Force
3.12.2023
Tron (TRX) has recently captivated the attention of Iranian militant groups, suggesting the broader adoption of TRX. Also, Standard Chartered Bank reasserted its bullish position on Bitcoin (BTC), projecting an even more ambitious height for the flagship digital currency. Meanwhile, BorroeFinance...
Soccer Star Cristiano Ronaldo Faces $1B Class Action Suit Over Binance Endorsement
1.12.2023
The suit, filed in the District Court of the Southern District of California, alleges that Ronaldo "promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance."
Talos and Uniswap Forge Landmark Deal to Boost DeFi Access for Institutions – Adoption on the Rise?
1.12.2023
Talos – a digital trading infrastructure provider – has teamed up with Uniswap and Fireblocks to connect institutional traders to the decentralized finance (DeFi) ecosystem. Per a press release from Uniswap on Thursday, Talos’s clients will be able to use the protocol’s trading APIs to access...
Paying for Use Slows Down Crypto's Search for a Use Case
30.11.2023
CoinDesk's Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice