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UK Regulators Says Crypto Adoption Poses Financial Risk, Call for Additional Powers
24.3.2022
The regulators worry that international norms could come too late – and called for banks to exercise utmost caution when dealing with what it said were extremely volatile assets
BlackRock's Fink Says Ukraine War Could Accelerate Crypto Adoption: Report
24.3.2022
The Russia-Ukraine war could accelerate adoption of digital currencies as a tool for international transactions, BlackRock CEO Larry Fink said in a letter to shareholders
Almost half of Germans to invest in crypto: Report
24.3.2022
44% of Germans are motivated to invest in crypto, according to a report released by KuCoin; what do the experts think?
Crypto Exchange FTX Partners With AZA Finance ‘to Expand the Adoption of Web3 and Digital Currencies in Africa’
19.3.2022
Sam Bankman-Fried’s FTX is partnering with AZA Finance to expand the use of digital currencies and Web3 in Africa. Through this arrangement, the two companies will also work to “onboard African NFTs and artists onto the FTX NFT marketplace.” Bolstering Adoption of Web3...
Spanish Crypto Adoption Increases, But Tax ‘Chaos’ Looms
18.3.2022
Crypto adoption appears to be on the rise in Spain – but as tax season approaches, some have warned that failure to comply with the Treasury’s tax-related rulings could prove costly for newer and more seasoned Spanish crypto investors alike.
A recent report from the Association for Media...
Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
15.3.2022
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at...
Clear regulations will accelerate crypto adoption, says SEBA Bank exec
7.3.2022
“In the medium-long term, I expect engagement with crypto to accelerate prompted by a clearer regulatory environment,” SEBA Bank's Christian Borel told Cointelegraph
Aussie advisory committee lists key factors for easing crypto adoption
2.3.2022
The federal advisory suggests exploring four key areas to support a safer adoption for crypto in Australia and dampen cybersecurity threats
Ukraine Outranks Russia in Crypto Adoption Index as War Starts
24.2.2022
As Russia's president Vladimir Putin ordered a full-scale invasion of Ukraine, and Bitcoin (BTC) might play a role on both sides of the conflict, Ukraine is seemingly better prepared to embrace the nascent monetary technology.
As a reminder, in October 2021, crypto analysis firm Chainalysis,...
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
23.2.2022
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...
Low Millennial financial well-being drives crypto adoption: report
18.2.2022
Millennials are most likely to seek alternative financial services and assets such as crypto, and younger generations are hopping on to the bandwagon leading researchers to expect a crypto boom in 2022
Consumer-merchant mismatch slows down mainstream crypto adoption: Survey
16.2.2022
A new Crypto.com survey reveals a huge gap between consumer demand and merchant acceptance for crypto payments
P2P payments spurred crypto adoption across Venezuela in 2021
12.2.2022
Venezuelans tried to fight inflation this year by using cryptocurrencies on an unprecedented scale in the country
Global crypto adoption could 'soon hit a hyper-inflection point': Wells Fargo report
7.2.2022
The firm's global investment strategy team said it wasn't too early to invest in crypto, but clearing regulatory roadblocks would likely create "higher quality investment options" in the future
African Web3 Startup Raises $6.45 Million in Pre-Seed Round, Serena Williams’ Investment Firm Participates
5.2.2022
An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 2021, plans to use the capital raised to educate, build and invest in web...
UNICEF calls for child safeguards amid mainstream crypto adoption
31.1.2022
UNICEF’s latest report on mainstream adoption of cryptocurrencies highlights the possibility of greater financial inclusion along with the need for new child safeguards
Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows
31.1.2022
Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, as bitcoin has seen wider mainstream adoption, its correlation with macro assets...
Belgian MP to Receive Entire Salary in Bitcoin — Says Crypto Adoption Will Be ‘Exponential’
29.1.2022
A member of the Brussels Parliament, Christophe De Beukelaer, says he will receive his entire salary in bitcoin this year. He believes that the technology will disrupt all industries and crypto adoption is going to be “exponential.” Belgian MP Says He Will Receive Entire Salary...
Opensea Acquires Dharma Labs, Co-Founder Is Named New CTO
20.1.2022
Opensea, one of the biggest NFT marketplaces globally, recently announced it is acquiring Dharma Labs. The price is believed to be between $110 million and $130 million. As a result of the new agreement between the two companies, Nadav Hollander, a co-founder at Dharma Labs, will become the...
UK 3rd for ETH ownership as crypto adoption grows 1% in December: Survey
17.1.2022
In a December survey conducted by Finder.com, the United Kingdom held third place worldwide in adoption rankings for Ethereum, while overall cryptocurrency adoption crept up by 1%