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Huizhou, China, Enables Digital Yuan Tax Payments – Is CBDC Adoption Increasing?
28.3.2023
The city of Huizhou, in China’s Guangdong Province, has announced that businesses can now use the digital yuan – China’s central bank digital currency (CBDC) – to make tax payments.
Per HZ News, a construction firm named Huizhou Puli Curtain Wall Engineering recently became the first firm...
Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs for Metaverse Project – Crypto Adoption on the Rise?
28.3.2023
Luxury fashion brand Gucci is diving even deeper into the Web3 and the metaverse worlds, announcing a collaboration with the popular blockchain technology company and non-fungible-token (NFT) issuer Yuga Labs. ...
Read More: Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs...
Crypto Firms in Hong Kong Get Boost as Regulators Host Meeting with Bankers
28.3.2023
Hong Kong officials plan to host a meeting between crypto companies and bankers in an attempt to ease financing for the sector as the city pushes toward becoming a global crypto hub.
The meeting, scheduled for April 28 at the Hong Kong Monetary Authority, is intended to “facilitate direct dialog”...
President Nayib Bukele Touts El Salvador as the ‘New Land of the Free’ in Vintage Americana Poster Featuring Bitcoin as Legal Tender
28.3.2023
President Nayib Bukele is promoting El Salvador as the “new land of the free,” as part of an invitation for foreigners to move to the Latam country. Bukele tweeted a poster in vintage American style that included several advantages that the country brings its citizen, including...
‘The Only Way to Truly Scale Blockchains Is to Parallelize Processing’ Says Piers Ridyard
27.3.2023
Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while defi is seen as “a fantastic proof...
Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms
27.3.2023
China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance.
According to a Monday report from Bloomberg, a number of Chinese state-owned banks in Hong Kong have started offering services to crypto...
Digital Yuan Adoption Drives Now Focusing on Cross-border Pay – Are CBDCs Set to Take Over?
24.3.2023
A growing number of Chinese government city authorities, banks, and firms are looking to adopt the digital yuan as a payment tool – as the central bank digital currency (CBDC) rollout continues to intensify.
A number of similar measures in recent months suggest that Beijing is looking to build...
California Leads the Way as U.S. Federal, State Agencies Consider Blockchain’s Applications: Bank of America
24.3.2023
The tokenization of vehicle titles could enable fractionalized vehicle ownership, the report said
Telegram Messenger App Launches USDT Transfer Feature Within Chats, Expanding Crypto Services – Crypto Adoption on the Rise?
23.3.2023
Telegram users can now transfer the world's most popular stablecoin, tether (USDT), through chats.
The news was tweeted by the TON blockchain, with the team writing: "Imagine being able to buy and sell crypto via a messaging app. Now imagine it's already here," adding the link to...
Today in Crypto: Chainlink Labs Partners with PwC Germany, Bitget Acquires BitKeep, Bitzlato Allows Users to Withdraw up to 50% of Assets, BANXA Joins Hands with BitMart
22.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Chainlink Labs Partners with PwC Germany, Bitget Acquires BitKeep, Bitzlato Allows Users to Withdraw up...
Blockchain Games Key to Onboarding a ‘Critical Mass of Users Onto Web3’ — Claudio Riff
22.3.2023
According to Claudio Riff, the CEO of Pooky, a sport prediction game powered by blockchain, gaming may be one of the more effective ways of getting users to experience the potential of blockchain and Web3 without dealing with the associated complexities. Onboarding People to Web3 Through Gaming...
Chinese Employees Pay Social Insurance Fees, Taxes with Digital Yuan – Is CBDC Adoption on the Rise?
22.3.2023
A growing number of Chinese employees and firms can now use the nation’s Central Bank Digital Currency (CBDC) – the digital yuan – to pay their social insurance premiums and taxes.
Per reports from the Chinese media outlets JS China and NH News, citizens in Lianyungang and other cities in...
Nigeria CBDC adoption spikes as fiat currency shortage grip the nation
22.3.2023
The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation
3 projects that promise to crack the crypto adoption code
21.3.2023
As each day passes, the number of people in the world who can remember a time when they never used the internet decreases. But it wasn’t all that long ago that the vast majority of people lived their lives entirely offline. Back in 1995, internet penetration had only just reached 10%...
As ZK Tech Booms in Crypto, Developers Must Consider User Safety
20.3.2023
Zero Knowledge proofs offer robust security and scaling for the latest crypto products. OpenZeppelin’s Stephen Webber writes about how developers could build more secure ZK proofs
Blockchain gaining adoption in more than just DeFi: Report
20.3.2023
Blockchain and other distributed ledger technologies are being adopted in many areas beyond DeFi and the metaverse
Non-profit to expand DLT adoption through grants of up to $5M
20.3.2023
DLT Science Foundation opened its call for grant proposals, offering up to $5 million for eligible individuals or organizations
More Than 80 Firms Express Interest in Establishing Presence in Hong Kong – Next Crypto Hub?
20.3.2023
Hong Kong has seen massive interest from virtual asset-related firms as the city pushes toward reclaiming its position as a global crypto hub with a more friendly regulatory stance.
Christian Hui, Hong Kong's Secretary for Financial Services and the Treasury, said during a recent speech that more...
Bitcoin and Stablecoins Will Bring Crypto Mass Adoption to Africa, Experts Say
20.3.2023
The sentiment permeated talks and fireside chats at the 2023 Blockchain Africa Conference in Johannesburg, South Africa
Software Researcher Finds Secret Crypto Wallet in Microsoft Edge Browser – What's Going On?
19.3.2023
Microsoft has been quietly testing a built-in non-custodial cryptocurrency wallet for its Edge browser.
According to screenshots shared by software researcher Albacore, Microsoft is experimenting with a built-in non-custodial crypto wallet that can be used for crypto payments or as a gateway...