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NEAR Foundation and Alibaba Cloud Join Forces to Boost Web3 Development in Asia
26.6.2023
NEAR Foundation, a non-profit organization responsible for developing the NEAR protocol, has partnered with Alibaba Cloud to facilitate the growth of Web3 in Asia and the Middle East.
As part of the partnership, NEAR Foundation will gain access to Alibaba Cloud's developer ecosystem across...
Paris FATF Plenary: Global Implementation of Virtual Asset Standards Remains ‘Relatively Poor’
25.6.2023
The third plenary of the Financial Action Task Force (FATF), held in Paris, found a lack of global adoption of the virtual asset recommendations established by the institution. According to evaluations, almost three-quarters of the jurisdictions are partially compliant or non-compliant with these...
Crypto Trading Crucial to Virtual Asset Ecosystem, Says Hong Kong SFC Chief
25.6.2023
Cryptocurrency trading is an important part of the virtual asset ecosystem, according to Julia Leung Fung-yee, CEO of the Securities and Futures Commission (SFC) of Hong Kong.
In a recent speech, Leung said the city-state recognizes the importance of crypto trading, adding that it welcomes...
$30K to $50K — 6 AI-Powered Chatbots Attempt to Predict Bitcoin’s Price by the Year’s End
24.6.2023
With bitcoin price up more than 15% against the U.S. dollar, people are more bullish about the leading crypto asset’s market performance. Two weeks ago, Bitcoin.com News asked several AI-powered chatbots whether they believe bitcoin will become a reserve currency. This time, we posed...
Santander, Crédit Agricole Asset Servicing Arm Acquires French Crypto Custody License – Adoption on the Rise?
23.6.2023
CACEIS Bank, the combined asset servicing arm of the major European banks Crédit Agricole and Santander, has acquired a French crypto custody license, according to the website of France’s financial regulator.
The license, which was granted by France’s Financial Markets Authority (AMF) on June...
Study: Crypto Adoption More Significant in Poorer African Countries
23.6.2023
While as much as 66% of surveyed African residents claimed to have been exposed to digital assets like bitcoin, about 82% of respondents said they have never owned crypto. The findings of the survey study suggest that the adoption of crypto is more significant in poorer African countries than...
Forensic analysis can benefit from tokenization: World Token Summit panel
23.6.2023
RAK DAO’s Meng Chan Shu encouraged community members to “keep on building” despite the challenges in the adoption of tokenization
Work Underway on El Salvador’s ‘Bitcoin City Airport’
23.6.2023
El Salvador has broken ground on the construction of an airport for its Bitcoin City project.
Around a month ago, the YouTuber Albert Sánchez uploaded what he claimed was aerial footage of construction crews working on the site.
The airport is to be known as the Pacífico Airport, but will also...
IMF Economists Say Countries Should Address Crypto Demand Drivers Instead of Banning
23.6.2023
The International Monetary Fund’s (IMF) economists have cautioned that banning cryptocurrency “may not be effective in the long run.” Instead of outlawing crypto, they suggest countries should address “the drivers of crypto demand, including citizens’ unmet digital payment needs.”...
Loyalty, Memberships and Ticketing: How NFTs Will Bring About Mass Adoption
22.6.2023
The conversation around NFTs has shifted from speculation to utility. Now, major players have opted to use NFTs to power loyalty, membership and ticketing services, signaling positive signs for mass adoption
Bitcoin think tank rejects science behind ‘limited adoption problem’ paper
21.6.2023
The researchers claim the ideas driving the conclusions found in the original paper were based on flawed assumptions about the nature of Bitcoin
Bitcoin adoption in Mexico boosted by Lightning partnership with retail giant
21.6.2023
“Imagine if Best Buy, Bank of America, Fox News and an NFL team were all owned by the same individual. All of them will have lightning capabilities in the future,” Jose Lemus, CEO of Ibex Mercado, told Cointelegraph
Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit
21.6.2023
Crypto exchange Gemini has announced plans to expand into the Asia-Pacific (APAC) region to capture the “next wave of growth for crypto.”
The US-based crypto exchange aims to increase its headcount in Singapore and establish an engineering division in India, the platform said in a Monday blog...
French Real Estate Firm Signs Crypto Pay Deal – Is Adoption on the Rise?
21.6.2023
A French real estate firm has signed a partnership deal with domestic crypto pay provider, an indication that the European nation may be the next to embrace crypto-powered commerce.
Per Boursier, Apsys will allow customers to pay using crypto at all of its shopping malls.
The firm operates...
Tech giant Alibaba announces crypto-friendly chair following Daniel Zhang stepping down
20.6.2023
The next company chair of Alibaba has backed several crypto projects through his wealth manager and tweeted he "like[s] crypto" in December 2021
Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman
20.6.2023
Alibaba has announced that crypto-friendly Joseph Tsai, currently Executive Vice Chairman, will replace eight-year veteran chief Daniel Zhang as the company's new Chairman.
In a Tuesday press release, the company also said that Eddie Wu, now chairman of Alibaba’s core Taobao and Tmall online...
Bitcoin ‘Permabull’ Max Keiser: ‘El Salvador Will Be Debt Free by 2030 With Bitcoin’
20.6.2023
Max Keiser, international journalist and chairman of mining company Volcano Energy, has pondered on the importance bitcoin adoption will have for El Salvador in the future. According to Keiser, thanks to bitcoin, El Salvador will be debt free by 2030, as the bitcoin price comes close to one million...
Web3 usernames may see greater adoption due to recent advancements
19.6.2023
New developments such as free usernames, cross-chain names, and chat functions may lead to more addresses being associated with a name
Cointelegraph Accelerator welcomes Web3 venture builder GAMI as a strategic partner
19.6.2023
GAMI, a Web3-focused Venture Builder, hosts a variety of products tailored to the web3 and blockchain world, with partners like Gerard Lopez, a globally renowned entrepreneur and investor
Confirmed: $10 Trillion Asset Manager BlackRock Takes Leap into Crypto, Files for Spot Bitcoin ETF with SEC
16.6.2023
Investment giant BlackRock has filed for a spot bitcoin ETF, a product that is yet to get the green light from the Securities and Exchange Commission.
On Thursday, the firm filed an application with the SEC to launch the iShares Bitcoin Trust, which is intended to allow investors to get direct...