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Nalezeno "crypto adoption": 562

Why Binance’s US plea deal could be positive for crypto adoption

28.11.2023
Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning?

Bullish Brazilian Bank Nubank Adds Five More Altcoins to Banking App

23.11.2023
Source: Diego/Adobe The Brazilian neobanking unicorn Nubank is stepping up its crypto adoption drive, adding trading capabilities for five more altcoins to its banking app. Per the Brazilian media outlet Livecoins, the bank added support for Polkadot (DOT), Avalanche (AVAX), Stella Lumens (XLM)...

Crypto Regulation News Weekly Digest: SEC Sues Kraken and IOSCO Issues Crucial Crypto Regulations

21.11.2023
  Multiple countries advanced cryptocurrency oversight last week through legal actions, guidance, and policy initiatives. Image by RareStock, Adobe Stock. The past week brought several new major developments on the crypto regulation front. The SEC sued a major crypto exchange, IOSCO developed...

$100 Billion in TradFi Capital Awaits Imminent Bitcoin ETF Green Light, Says Bloomberg Analysts

20.11.2023
Bloomberg analysts forecast $100 billion ready to invest in a Bitcoin ETF upon SEC approval. Image by Parradee, Adobe Stock. A spot Bitcoin exchange-traded fund (ETF) could rapidly become a $100 billion market, according to new projections by analysts at Bloomberg Intelligence. This prediction...

Crypto-Focused VC Lightspeed Faction Announces $285 Million Fund for Startups

10.11.2023
Source: Shutterstock Lightspeed Faction, a blockchain-focused venture capital (VC) firm, has revealed plans to launch a new $285 million fund aimed at investing in early-stage projects within the crypto industry. The VC, consisting of team members from prominent entities including Amber Group...

Why will an Ether staking rate increase crypto adoption?

10.11.2023
Ethereum switched to a proof-of-stake (PoS) mechanism, which is considered one of its milestones. It led to the creation of a native cryptocurrency rate connected to Ethereum staking. This shift is significant not just for the Ethereum network but also for the market architecture of other financial...

Hong Kong ‘ready’ to capitalize on crypto’s next bull run: Hashkey Capital

10.11.2023
Hashkey Capital partner of liquids funds and research, Jupiter Zheng, says the crypto sector in Hong Kong is now primed for significant growth over the next four to five years

TRON partners with Pundi X to foster crypto adoption

9.11.2023
TRON, an internationally acclaimed company in the blockchain arena, has formed an association with Pundi X. This company offers blockchain-oriented point-of-sale (POS) services. The highlight of this association is the incorporation of PundiX’s XPOS platform with the TRON network. This was made...

Why an Ether Staking Rate Will Increase Crypto Adoption

8.11.2023
Andy Baehr, managing director at CoinDesk Indices, explains how understanding and measuring Ethereum's integrated staking rate is key to driving innovation and acceptance of ETH-based financial products

Crypto Regulation News Weekly Digest: SafeMoon Executive Charges and FinCEN’s Mixing Service Proposal

7.11.2023
Last week saw major regulatory actions against crypto mixing services and alleged fraud along with pushback from lawmakers. Image by Andrii, Adobe Stock. The cryptocurrency industry increasingly finds itself under the purview of regulators striving to balance innovation with consumer protection...

Argentina’s E-Commerce Giant MercadoLibre Reports $21 Million in Customer Crypto Assets

2.11.2023
MercadoLibre , the renowned e-commerce platform in Argentina, has seen notable growth in its crypto segment. According to the company’s latest quarterly earnings report, MercadoLibre’s customers held a total of $21 million in crypto assets as of September 2023, a significant increase...

Dubai Moves Forward with Crypto Adoption as WadzPay Secures VARA Initial Approval

2.11.2023
  On October 31, the Dubai Virtual Assets Regulatory Authority (VARA) gave “Initial Approval” to WadzPay signifying a noteworthy stride towards broadening crypto adoption in Dubai. The approval is part of WadzPay’s progress toward achieving a comprehensive Virtual Asset...

Want Crypto Adoption? Give Consumers What They Really Want

2.11.2023
It’s time to accept consumers for who they really are, and give them what they really want, which is money, status and functionality, says Magalena Kala

Ripple Joins Forces With Uphold to Improve Cross-Border Crypto Payments Liquidity

25.10.2023
Ripple has partnered with Uphold to improve its cross-border crypto payments infrastructure. Uphold will provide Ripple with “enhanced crypto liquidity capabilities.” Ripple offers services in over 55 countries, with payout capabilities in more than 70 markets, the company said...

Stablecoins Surpass Mastercard and PayPal in Transaction Volume While U.S. Fails to Maintain Leadership

24.10.2023
In 2022 stablecoins have eclipsed both Mastercard and PayPal in transaction volume, reaching an impressive sum of nearly $6.87 trillion last year. Despite their critical role in the crypto economy, however, the United States is falling behind in stablecoin policy and global...

Lower-middle income countries lead in crypto adoption, but not volume: Chainalysis

23.10.2023
Usage is down, but the future of crypto looks bright thanks to adoption in up-and-coming economies, according to Chainalysis

Thailand Delays Plan to Distribute $15 Billion in Digital Currency to its Citizens

23.10.2023
Thailand's ambitious plan to distribute digital currency to its citizens, with a total value of approximately $15 billion, has hit a roadblock, as Deputy Minister of Finance Julapun Amornvivat announced a delay in the program's launch, local media outlets reported. The initiative aimed to provide...

Sega's Co-COO Sees Potential in Blockchain Gaming and NFTs – Crypto Adoption Rising?

16.10.2023
Shuji Utsumi, co-COO of Japanese multinational video game and entertainment company Sega, has expressed optimism about the potential of blockchain gaming and the role of non-fungible tokens (NFTs) in the future of video games. ... Read More: Sega's Co-COO Sees Potential in Blockchain Gaming...

Grassroots Crypto Adoption in Latin America Surges as Users Flock to Central Exchanges

16.10.2023
According to a new study, cryptocurrency adoption grows in Latin America as users leverage digital assets to offset currency devaluations and inflation. A new Chainalysis report shows a growing adoption rate in Latin America following a surge of new use cases on a country-country basis and...