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MiCA's stablecoin transaction cap stifles crypto adoption, say lawyers
10.7.2023
With a $216 million cap to be imposed on stablecoins such as USDT and USDC, some say crypto adoption could be “stifled” under MiCA unless it changes
Mike Belshe, CEO of BitGo, on U.S. Regulatory Environment and Institutional Crypto Adoption | Ep. 245
7.7.2023
In an exclusive interview with cryptonews.com, Mike Belshe, Co-Founder and CEO of BitGo, talks about US crypto regulations and how they should Be Principles-Based, and institutional crypto adoption. ...
Read More: Mike Belshe, CEO of BitGo, on U.S. Regulatory Environment and Institutional Crypto...
‘No, we’re not smuggling people’ - Bitcoin advocate tours Europe in BTC-styled van
7.7.2023
A Bitcoin-themed van promoting adoption around Europe has seen its fair share of drama, including a midnight stop and search by law enforcement agencies
Cronos Labs partners Protocol Labs to drive Web3 adoption
7.7.2023
The blockchain business accelerator Cronos Labs has formed an exclusive partnership with Protocol Labs. While Cronos Labs is in charge of the Cronos ecosystem’s growth, Protocol Labs is more of an open-source R&D facility. It involves developing protocols in addition to the tools...
'AI Jobs' Search Hits Four Times Higher than 'Crypto Jobs' During Bitcoin's Record High
6.7.2023
The rise of artificial intelligence (AI) has outshined the once dominant crypto narrative, a new study shows.
The study, conducted by analyzing Google Trends data, compared the search interest in AI and crypto jobs to provide insights into the levels of interest in these sectors.
It found that...
Zero Barriers podcast series: Crypto adoption fueled by ZK-rollups
4.7.2023
The podcast series is produced in collaboration with Starkware and explores the future of ZK-rollups as an Ethereum layer-2 solution
Crypto Will Benefit from Bank-Issued Stablecoins, aka Deposit Tokens, Says DAAA’s Bernard Blaha
4.7.2023
In an interview with Cryptonews, Bernhard Blaha, co-founder of the Austrian Digital Asset Association (DAAA) and CEO of decentrally governed organization (DGO) The People's SCE, discussed the new type of digital coin: deposit tokens.
He explained the key differences between deposit tokens...
Harry Styles' Concert App Introduces Blockchain Rewards for Fans
3.7.2023
5,000 fans of British megastar Harry Styles recently used an app that allowed them to open a self-custodial wallet in which to keep their blockchain-based rewards.
The former One Direction member held a concert in Ireland on June 10. The sold-out show saw 80,000 attendees.
All these people were...
Hong Kong Government Sets Up Web3 Development Task Force – Next Crypto Hub?
2.7.2023
Hong Kong has taken another major step towards becoming a leading hub for cryptocurrency and blockchain technology.
The Hong Kong Government has announced the establishment of a task force, known as the Web3 Development Task Force, dedicated to promoting the growth of Web3, with a particular...
40% of South Africans Familiar With the ‘Concept of Web3’ — Study
2.7.2023
Some 40% of South African survey participants are familiar with the concept of Web3 and a further 80% believe the technology backing cryptocurrencies can “transform or fully rebuild the financial system,” according to the findings of a Consensys survey. However, as much as 59% believe...
Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study
1.7.2023
Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web 3.0 in Africa report. Africa’s Share of Global...
Crypto mass adoption is coming, but how fast?
30.6.2023
The latest Cointelegraph Report assesses the current growth rate of global cryptocurrency usage and tries to predict when crypto will reach mass adoption
Web3 mass adoption: How Web3 can onboard the next billion users
30.6.2023
By conquering these hurdles, we can help kickstart mass adoption while still maintaining the original decentralized spirit of Web3
Sony Network invests in Japanese Web3 startup to spur mass adoption
28.6.2023
The deal includes an investment of $3.5 million, a Sony executive moving to Startale Labs and collaboration on new Web3 tools for mass adoption
1 in 5 French Workers Wants to Get Paid in Crypto, Survey Finds
28.6.2023
A fifth of French workers would like to receive all or part of their salaries in crypto, a survey has found.
The survey was conducted by the French payroll software provider Payfit and reported by the French media outlet Cointribune.
The survey found that 20% of French respondents were in favor...
El Salvador Serves as a ‘Beachhead’ in Bitcoin Battleground, Says Samson Mow
28.6.2023
The JAN3 CEO Samson Mow has claimed that El Salvador can serve as a “beachhead” in the battle for global Bitcoin (BTC) adoption – and suggested other LATAM nations could “easily” follow the country’s lead.
El Salvador adopted BTC as legal tender in 2021, under the leadership of its Bitcoin-keen...
Indonesia Labels 501 Cryptocurrencies as Commodities, Paving the Way for Regional Adoption
26.6.2023
In contrast to the regulatory stance taken by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Supervisory Agency (CFTSA) of the Republic of Indonesia has officially labeled 501 cryptocurrencies as commodities. The list of these digital assets includes popular tokens...
The importance of ‘ghost rate’ in gauging meaningful adoption
26.6.2023
Ghost Rate is not just a metric; it's imperative for brands seeking to tap into the transformative potential of blockchain technology
Token Issuers in Japan to Be Exempt from 30% Crypto Tax on Unrealized Gains
26.6.2023
Japanese token issuers have been exempted from corporate taxes on unrealized cryptocurrency gains.
In a recent announcement, the country's National Tax Agency revealed that it has revised its law to exempt crypto token issuers from 30% corporate taxes on unrealized gains, effective from June...
Crypto adoption in Cyprus beefed up by ByBit license approval
26.6.2023
Following Binance's departure from the island, ByBit strengthens Cyprus' crypto ecosystem with license approval for operations