Adoption Financial News
19.12 / 08:55
business
Adoption
SEC
Bitcoin
Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
The Nigerian government will reportedly soon pass a law that will recognize the usage of Bitcoin (BTC) and other cryptocurrencies as a means to keep up to date with “global practices.”
18.12 / 21:03
Adoption
NFT
Amazon
Web3
Amazon's new series 'NFTMe' explores NFT culture and disruption worldwide
The capacity to digitally authenticate almost everything, and the possibility of monetizing in ways nobody couldn't even imagine before. These are some of the ways in which the documentary series "NFTMe" introduces nonfungible tokens (NFTs).
18.12 / 11:45
business
Adoption
Binance
Kazakhstan central bank recommends a phased CBDC rollout between 2023-25
Kazakhstan, the world’s third-largest Bitcoin (BTC) mining hub after the United States and China, found feasibility in launching its in-house central bank digital currency (CBDC), a digital tenge. The National Bank of Kazakhstan (NBK) revealed the finding following the completion of the second phase of testing.
17.12 / 23:25
Stablecoin
Adoption
Tether
Usd Coin
Algorithmic stabilization is the key to effective crypto-finance
After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers.
17.12 / 19:29
Stablecoin
Adoption
regulation
Central Bank
Central Banks to set standards on banks’ crypto exposure - BIS
A global standard for banks' exposure to crypto assets has been endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS) of the Bank for International Settlements (BIS). The standard, which sets a limit of 2% on crypto reserves among banks, must be implemented on January 1, 2025, according to an official announcement on Dec. 16.
17.12 / 01:35
Blockchain
Adoption
Investments
transactions
Lawyer
Corporate America has finally taken notice of Web3 — US trademark lawyer
This year saw an influx of trademark applications filed by various companies looking to get in on the Web3 action. By November, a total of 4,999 trademark applications had been filed in the United States for cryptocurrencies and digital-related goods and services — according to United States Patent and Trademark Office-licensed trademark attorney Mike Kondoudis.
17.12 / 01:35
Blockchain
Stablecoin
Adoption
Argentina’s province to issue US dollar-pegged stablecoin
The province of San Luis in Argentina approved a legislation allowing the issuance of its own stablecoin pegged to the United States dollar. The token, dubbed the "Activo Digital San Luis de Ahorro", will be available to all citizens of the province over the age of 18 and 100% collateralized in liquid financial assets of the province.
16.12 / 23:25
Adoption
regulation
DEX
Liquidity
Industry execs confident in DeFi adoption despite security flaws: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.
16.12 / 17:41
Adoption
defi
education
Global DeFi adoption happening soon: Interview with UNO.farm founder Roman Vinogradov
Decentralized finance continues to grow and develop despite the winterly winds blowing through the crypto space. As more and more users are turning to this sector for their investments, especially after the colossal events surrounding some of the biggest centralized exchanges lately, it is interesting to see what the future holds for DeFi.
16.12 / 17:41
Adoption
NFT
Gaming
Blockchain Game
Web3 community shares tips for a successful GameFi project
As the GameFi space continues its journey to attract gamers to a new gaming paradigm, community members shared their takes on what they think a mature GameFi project needs to succeed.
16.12 / 17:41
Blockchain
Adoption
Binance
Binance Coin
BNB insurance for Binance listing? CZ addresses delisted project's claims
A decentralized social network project called Mithril (MITH) was recently delisted from Binance and in return, the crypto project asked for the 200,000 Binance Coin (BNB) it had to deposit as insurance for listing on the exchange.
16.12 / 14:09
business
Adoption
Report
5 key takeaways from Huobi 2022 crypto industry report
Over the last year the crypto, and greater Web3 industry has seen a rollercoaster of loss, growth and innovation - and the data shows.
16.12 / 14:09
Adoption
Web3
Bitcoin
Build on Bitcoin, 'a better platform for Web3,' says Lightning contest founder
Bear markets are for building Bitcoin (BTC) companies. At least, that’s what the Legends of Lightning, a nine-week contest for competing Bitcoin businesses, would indicate.
16.12 / 04:13
Blockchain
Adoption
Charity
Usd Coin
Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
Humanitarian groups have increasingly used blockchain technology to solve problems with lack of banking or inadequate identity verification in developing or war-torn nations.
15.12 / 19:49
Art
Adoption
NFT
Web3
Family-friendly NFTs bring the next generation of youth into Web3
Nonfungible tokens (NFTs) continue to be a dominant force within the Web3 space for increasing innovation and adoption. As the space continues to push its way into mainstream adoption will reach new demographics, including minors.
15.12 / 19:49
Art
Adoption
NFT
Artists
NFTs and Soulbound tokens define Web3 filmmaking, says director
Web3 tools and innovations are making their way into various mainstream industries across the world. Some such as the sports and music industries have made a big leap into adoption. However the world of cinema has not been as vocal on its adoption.
15.12 / 16:13
Adoption
Cybersecurity
security
identity
Identity in the metaverse at risk, says former Windows architect
The metaverse is coming for users at full speed. Companies and brands are jumping into digital reality, and according to a recent survey, consumer interest is climbing alongside all the activity.
15.12 / 13:45
15.12 / 12:41
Adoption
regulation
FCA’s incoming chair calls for further crypto regulation
The Financial Conduct Authority’s (FCA) recently appointed chair has presented an unfriendly attitude toward cryptocurrencies in a cross-party Treasury select committee meeting.
15.12 / 05:57
business
Adoption
Binance
wallet
Only 1% of people can handle crypto self-custody right now: Binance CEO
Binance CEO Changpeng “CZ” Zhao has cautioned the crypto community about self-custody, suggesting that 99% of people choosing to self-custody their crypto will likely lose it one way or another.
14.12 / 17:51
Adoption
Europe
data
The Netherlands tops new survey as the most metaverse-ready country
The metaverse and digital reality experiences are barreling toward consumers, whether they are ready or not. However, there are certain places in the world that are more ready to embrace a digital future from a technological standpoint.
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