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Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
18.9.2020
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest...
Ukraine, Russia, South Africa, Nigeria Among Top Countries by Cryptocurrency Adoption
9.9.2020
Ukraine, Russia, China, South Africa, Nigeria, Kenya, and the U.S. are among the top-ranking countries by cryptocurrency adoption, according to the 2020 Global Crypto Adoption Index compiled by blockchain data analytics firm Chainalysis. Countries With Highest Crypto Adoption Chainalysis’...
US lags behind Russia and China for crypto adoption: Chainalysis
9.9.2020
Ukraine beats Russia, China, and more in adoption metrics according to new research from Chainalysis
Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index
31.8.2020
Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached...
Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions
27.8.2020
With sophisticated fraud schemes seemingly overwhelming the African crypto market, there is a growing need for players in the space to help fight this scourge. Some are responding through increased educational campaigns, which they hope will not only turn the tide against scammers but will also...
P2P Cryptocurrency Exchanges in Africa Pivot: Nigeria and Kenya the Target Markets
25.8.2020
Leading cryptocurrency exchanges are bullish about Africa’s growth prospects as evidenced by their ongoing forays into the continent. During the month of August, Kucoin crypto exchange announced the addition of Nigeria’s naira currency as a payment option on its peer-to-peer platform....
Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments
4.7.2020
More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops. Since the Covid-19 outbreak, contactless payments have been trending more so than they...
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
Over 200 Venezuelan Taxis Discover the Benefits of Bitcoin Cash
10.10.2019
A man named Oscar Salas recently spoke about his quest to spread bitcoin cash (BCH) adoption on episode 34 of the Bitcoin Cast show. Salas explained in great detail how he is a passionate BCH supporter and the organizer of the Maracaibo city BCH meetup. Following his interview a few days later...
Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto
26.9.2019
The Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash...
Decreasing Faith in Conventional Monetary System to Fuel Gold and Crypto Adoption: Keiser Report
8.9.2019
World over today the system of a monetary system based on fiat currencies is under severe pressure which people increasingly losing faith in the central banks and regulatory authorities. One of the reasons behind this situation is looming economic slowdown which according to many will wipe...
Giant European Retailer Phone House To Accept Crypto Payments Via UTRUST
27.7.2019
Crypto adoption in Europe is all set to receive a major push, as the giant technology retailer Phone House will accept crypto payments via UTRUST payment gateway. This crypto payments using the USTRUST platform will begin from August 14. Announcement ???? the second mainstream merchant joining...
CEO of Dash Forms Five Strategies for Driving Mass Crypto Adoption
22.7.2019
There have been unending discussions on the adoption of digital currencies and how they can bring about changes and benefits to the larger global community. Despite their probable negative effects, cryptos can open up a host of new opportunities for businesses that want to improve and grow their...
Bitso Becomes First Regulated Crypto Firm In LATAM, Adoption To Get Boosted In The Region
19.7.2019
Cryptocurrency trading platform Bitso has become the first crypto company to be regulated in Latin America, which has opened the door for numerous possibilities. At a time when regulators in Washington and other major countries are lashing Bitcoin and other digital tokens, the move in Mexico...
Pundi X Achieves Breakthrough For Crypto Adoption By Completing Integration With X990
15.7.2019
Future of crypto markets lies in the hands of adoption in general use, which will allow it to slowly and steadily compete with traditional currencies. That’s exactly what the pioneers of crypto wanted, a decentralized monetary ecosystem which would replace the tradition elite-controlled systems....
Cryptocurrency And The United States, The Troubled Marriage (Part II – Political Reasons)
25.6.2019
Cryptocurrencies are a big threat to the US in economic terms. However, they also pose a political threat to the global leadership of the United States. The United Stated is undisputedly the leader of global politics and is politically involved with every country in the world. While most are...
Icon (ICX) Price Analysis: Can Support From Crypto.com Bring Some Stability?
23.5.2019
After the largely bearish trend in the year of 2018, this year was expected to bring some cheery vibe with running bulls in the crypto market. However, that has not come to the realization yet. Icon (ICX) the Switzerland-based cryptocurrency is still facing turmoil looking at its recent price drop....
Coinbase Expands its Project ‘Earn’ to More Than 100 Countries
21.5.2019
Crypto enthusiasts would already know that the crypto exchange giant, Coinbase had rolled out a project named Coinbase Earn to educate users while earning crypto, in December, last year. Now, the update has come from the exchange itself that Coinbase Earn has reached to more than 100 Countries....
Xendpay Partners With Ripple (XRP) To Facilitate Safe and Secure Money Transfers To Malaysia
13.5.2019
International payments gateway Xendpay announced on Thursday day that it has partnered with Ripple for money transfers to Malaysia. Xendpay’s foray into the crypto space is quite important given its large and wide user base. The company, a subsidiary of London based Rational Foreign Exchange...