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Citigroup Launches New Blockchain-Powered Tokenization Service for Institutional Clients – A Boost to Crypto Adoption?
18.9.2023
Major US investment banking conglomerate Citigroup has made its first major foray into the world of crypto and blockchains with the launch of a new token service, as the bank looks to leverage distributed ledger technology (DLT) to improve its product offerings....
Read More: Citigroup Launches...
Latam Insights: Crypto Adoption Booms in Latam Nations, Milei Bashes Socialism
18.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil, Argentina, and Mexico are present in Chainalysis’ 2023 Global Crypto Adoption Index; Argentine presidential candidate Javier Milei blames...
Astar Partners With Polygon to Target Japan’s Web3 Boom With New Scaling Solution
16.9.2023
At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greater adoption of Web3 applications in the Japanese...
XRP Price Prediction as Ripple Labs Opens Up Liquidity Hubs in Brazil and Australia – Adoption on the Rise?
15.9.2023
Ripple Labs, the creator of the decentralized XRP Ledger and issuer of the XRP cryptocurrency that powers it, is expanding its Liquidity Hub platform to Australia and Brazil.
Ripple’s Liquidity Hub functions as the US fintech company’s digital asset liquidity management service that it offers...
China May Explore New Silk Road/BRI CBDC Adoption – Digital Yuan Going Global?
15.9.2023
Beijing is getting bullish about the cross-border use of the digital yuan – with Chinese experts now talking about BRI/“new Silk Road” CBDC integration.
Per the Chinese Securities Journal, Li Jianjun, the Vice President of the Central University of Finance and Economics, spoke about the e-CNY’s...
Web3 company to have balloons featured during Macy's Thanksgiving Day Parade
14.9.2023
The iconic U.S. holiday event has previously introduced themed nonfungible tokens and held a virtual parade in the metaverse
India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption Index
14.9.2023
Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. “The Central & Southern Asia and Oceania (CSAO) region dominates the...
Growing Institutional Appetite for Crypto in Asia Amid Regulatory Developments
13.9.2023
Institutional adoption of digital assets in Asia is gaining momentum as regulatory clarity improves in the region.
During Korea Blockchain Week, industry insiders revealed that South Korea, Hong Kong, Japan, and Singapore are actively seeking opportunities in the crypto space, according...
India Tops Chainalysis' Global Crypto Adoption Index Despite Heavy Tax Regulations
13.9.2023
India has claimed the top spot in Chainalysis' 2023 Global Crypto Adoption Index despite stringent tax regulations in the country.
Chainalysis, a global blockchain surveillance firm, recently released an excerpt from its annual crypto adoption report, shedding light on how various countries...
What Is XRP? A Brief History of the Real-Time Gross Settlement System
13.9.2023
While Ripple has its critics, there exists a passionate ‘army’ of XRP advocates who firmly believe it represents the future of decentralized finance and cross-border settlement. In this Learning and Insights guide, our objective is to walk you through a brief history of Ripple and...
India, Nigeria, Thailand top Chainalysis' 2023 Global Crypto Adoption Index
12.9.2023
Chainalysis’ upcoming Global Crypto Adoption Index indicates that the wider Asia region is driving grassroots adoption of cryptocurrencies
India, Nigeria, Thailand top Chainalysis’ 2023 Global Crypto Adoption Index
12.9.2023
Chainalysis’ upcoming Global Crypto Adoption Index indicates that the broader Asia region is driving grassroots cryptocurrency adoption
El Salvador's Education Ministry Introduces Bitcoin Learning in Schools
11.9.2023
Two years after bitcoin (BTC) was established as legal tender in El Salvador, the Ministry of Education has begun a pilot program "that could bring Bitcoin education to every school in the country in 2024."
According to the announcement on the morning of September 7, the pilot program launched...
India's Central Bank Explores New Features to Boost Digital Rupee Adoption
11.9.2023
The Reserve Bank of India (RBI) is actively collaborating with financial institutions to introduce innovative features aimed at popularizing the Central Bank Digital Currency (CBDC), Reuters reported.
Currently, retail CBDC transactions in India are averaging around 18,000 daily, significantly...
What is Monero? A Brief History of the World’s Top Privacy Coin
11.9.2023
Monero currently occupies the foremost position among privacy cryptocurrencies in terms of market capitalization. The following Learning and Insights explainer briefly delves into the origins and development of Monero (XMR), emphasizing its distinctive features, such as anonymous transactions...
Surge in Digital Asset Management: Study Shows Nearly 50% of Asset Managers Now Handle Crypto
8.9.2023
Close to half of asset managers currently have digital assets under management, according to a new study. Firms large and small are implementing crypto strategies for clients and expanding offerings. Asset Managers Embrace Crypto: 48% Now Manage Digital Assets The study by digital currency data...
Worldcoin’s Centralization Dilemma: 100 Wallets Still Dominate 93% of Total Supply
8.9.2023
Since August 11, 2023, the number of unique digital wallets storing the iris-scanning cryptocurrency worldcoin (WLD) stood around 468,466. But in the weeks since, ownership of the fledgling crypto has expanded by over 26% to 591,633 wallets. However, worldcoin’s value has moved in...
Southeast Asia's Super-App Grab Joins Web3 Movement, Introduces Blockchain Rewards
8.9.2023
Southeast Asian all-in-one app Grab has added support for a Polygon-based Web3 wallet and non-fungible token (NFT) vouchers.
The new Web3 addition was created in collaboration with the Monetary Authority of Singapore (MAS), Tech in Asia reported, citing a Grab spokesperson.
This is a "short...
OriginTrail on AI, real-world adoption and the value of knowledge: The Agenda podcast
6.9.2023
OriginTrail co-founders Žiga Drev and Tomaz Levak break down the importance of knowledge verifiability in the era of AI hallucinations, plus much more
China Wants the Digital Yuan to Be Ubiquitous in Retail Payments Arena
6.9.2023
China is pushing for universal national adoption of the digital yuan, with People’s Bank of China’s (PBOC) officials stating the currency should be available for all retail payment scenarios. The recent introduction of a standard for QR-based payment codes is part of this move, which...