Adoption Financial News

14.12 / 17:51

business Law Adoption NOT Will FTX’s ill wind reach the Global South? Maybe not

With the crypto world still reeling from the FTX collapse, Brazil recently passed legislation that legalized cryptocurrency use for payments in the country. How to reconcile this with all those declarations in the West that crypto is having its “Lehman moment”?

14.12 / 17:51

Adoption Africa Podcast Bitcoin Fonbnk’s Michael Kimani sorts out facts on crypto adoption in Africa

The African continent has been tipped as an important market for crypto adoption due to its young population, lousy economic management by governments and lack of efficient financial infrastructure to connect the continent internally and globally.

14.12 / 15:13

Adoption Cointelegraph Podcast Podcasts Listen up! Cointelegraph launches crypto podcasts, starting with 4 shows

Bored on a long drive? Want something to listen to while doing chores? Cointelegraph has something that your ears might enjoy: Cointelegraph Podcasts, a new section of the website featuring crypto podcasts. The section will start out with four shows: Hashing It Out, Crypto Trading Secrets, NFT Steez and The Agenda.

14.12 / 12:29

Adoption Congress Senate Senators Crypto blame game back on US Senators' menu following SBF arrest

The arrest of the former FTX CEO Sam Bankman-Fried (SBF) by the Bahamian authorities served as a cue for anti-crypto proponents to reignite discussions around the dangers of cryptocurrencies. While some political leaders blame the crypto ecosystem for SBF’s frauds, others find no point in blaming an entire industry for one man’s action.

14.12 / 01:13

Blockchain Technology Adoption Investments Crypto community members discuss Bank-run on Binance

Within the past 24 hours, the Binance cryptocurrency exchange has seen outflows of over $1.14B due to rising fear, uncertainty and doubt (FUD) within the crypto ecosystem.

13.12 / 20:03

Adoption NFT defi identity MetaMask Institutional, Cobo and Gnosis DAO team up for soulbound token project

Soulbound tokens (SBTs) are becoming a mainstay in the Web3 space for users and projects to define themselves in digital reality.

13.12 / 13:11

business Adoption Microsoft Gaming Activision FTC opposes Microsoft's metaverse-focused Activision Blizzard purchase

Microsoft’s attempt to acquire Activision Blizzard — a move originally aimed toward building Metaverse initiatives — hit a roadblock after an intervention by the United States Federal Trade Commission (FTC).

13.12 / 01:53

Government Stablecoin Adoption 2024 Brazil could cement its status as an economic leader thanks to 2024 CBDC move

As of 2022, more than 30 million Brazillian citizens have no bank accounts, and no credit or debit cards. What’s wrong here?

12.12 / 14:31

Technology Adoption DEX community Industry execs voice confidence in DeFi adoption despite security flaws

With decentralized finance (DeFi) being a hub for various hacks and exploits, some may feel discouraged or wary of entering the space. However, professionals within the crypto space are confident that DeFi will have broader adoption in the future.

12.12 / 08:47

Adoption Central Bank Bank of England Bank of England opens applications for 'proof of concept' CBDC wallet

The Bank of England (BOE) is seeking a “proof of concept” for a wallet that will be able to hold a Central Bank Digital Currency (CBDC).

10.12 / 17:49

Government Adoption SEC Gensler’s approach toward crypto appears skewed as criticisms mount

Since taking over at the United States Securities and Exchange Commission (SEC), chairman Gary Gensler has repeatedly been referred to as the “bad cop” of the digital asset industry. To this point, over the past 18 months, Gensler has taken an extremely hard-nosed approach toward the crypto market, handing out numerous fines and enforcing stringent policies to make industry players comply with regulations.

10.12 / 00:07

business Adoption Upgrade Bitcoin A year after Taproot, Bitcoin community works to unlock its DeFi potential

Taproot support across the industry is still crawling one year after the Bitcoin soft fork, indicating a strong potential for innovation and broader adoption of Web3 solutions to be unlocked through the world's largest cryptocurrency, sources told Cointelegraph.

09.12 / 16:53

Adoption Africa Energy Bitcoin Power Bitcoin mining project in Kenya helps power rural community

A hydro-powered crypto mining project based in Africa released an update on its efforts to bring energy developments to rural communities via Bitcoin (BTC).

09.12 / 14:27

Ethereum Adoption Decentralization DAO Remote work triggers move to DAOs in the post-pandemic world: Survey

A survey sample of working Americans suggests that millennial and Generation Z workers are far more in favor of joining decentralized autonomous organizations (DAOs) and working remotely in the post-Covid-19 world.

09.12 / 11:09

Adoption Google data Survey Turkey has an obsession with crypto — specifically Dogecoin: Study

The crypto market slump doesn’t mean interest in crypto is also down. A new study from the cryptocurrency education platform CryptoManiaks revealed that many countries are still scouring the internet, hungry for crypto-related information.

09.12 / 03:25

Adoption Lightning Network Media The New York Times What Paul Krugman gets wrong about crypto

In mid-November, as crypto markets reeled in the aftermath of FTX’s meltdown, Nobel Prize-winning economist Paul Krugman made use of his New York Times column to disparage crypto assets — again. Despite his unquestionable academic credentials, Krugman reiterated a common misunderstanding in his attempt to understand crypto assets — by conflating Bitcoin (BTC) with other cryptocurrencies.

09.12 / 00:57

CBDC Adoption Central Bank Cross-border NOT DMI finds CBDCs not targeting cross-border payments, huge potential in Metaverse

Central bank digital currency (CBDC) development aims squarely at inclusion, both for the central bank in the national economy and for the people it serves. Meanwhile, the technology for cross-border payments is being developed elsewhere for the most part, according to a new report on the payments industry.

08.12 / 18:41

business Adoption Cybersecurity security How do crypto hardware wallet firms make money?

The hardware wallet industry has emerged as one of the most resilient sectors to the ongoing cryptocurrency winter, with issues like the FTX crash bringing in even more cold wallet sales.

08.12 / 15:21

business Adoption Banks Japan’s Sumitomo Mitsui to issue soulbound tokens to explore Web3

The Japanese financial group Sumitomo Mitsui Financial Group (SMBC) is moving to explore the benefits of Web3 by issuing soulbond tokens (SBTs).

08.12 / 14:15

Adoption virtual reality data augmented reality More than 90% of consumers are curious about the Metaverse: Capgemini

Despite turbulent market conditions over the last year, the metaverse and its potential utility remain steady in the minds of consumers.

08.12 / 12:29

Stablecoin Adoption regulation Framework Stablecoin framework is a near-term priority for Aussie regulators

Australian financial regulators are “working on options” for incorporating payment stablecoins into the regulatory framework for stored-value facilities. Such incorporation would be a part of broader reforms to the payments regulatory framework in the country.

Adoption Financial News

popular questions about Adoption

What is Adoption and why is it relevant?

Where can I find the latest updates on Adoption?

How can I verify the accuracy of information on Adoption?