Adoption Financial News

01.11 / 20:53

business Blockchain Adoption Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app

Global digital peer-to-peer (P2P) payments company MoneyGram has announced on Nov. 1 that users in nearly all U.S. states and the District of Columbia, can buy, sell, and hold cryptocurrency; specifically, Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), via its MoneyGram mobile app.

01.11 / 17:09

Blockchain Technology Adoption security Can internet outages really disrupt crypto networks?

In the wee hours of Oct. 18, several parts of Europe, America and Asia were left without any internet due to several undersea internet cables being “cut,” causing a chain reaction of connectivity problems across the globe. France, Italy and Spain, in particular, were faced with significant outages, with many experts claiming that vandals were to be blamed for the same.

01.11 / 16:03

business Technology Law Adoption centralized exchanges Crypto adoption via regulation: Setting rules for centralized exchanges

Centralized cryptocurrency exchanges have become the backbone of the nascent crypto ecosystem, making way for retail and institutional traders to trade cryptocurrencies despite a constant fear of government crackdowns and lack of support from policymakers.

01.11 / 05:23

business Blockchain Adoption Sport Steph Curry files trademark for the 'Curryverse' where players earn NFTs

National Basketball League (NBA) megastar Steph Curry looks set to introduce his own version of the Metaverse to NBA’s 650 million fans — filing a “Curryverse” trademark application on Oct. 26.

01.11 / 01:23

business Blockchain Adoption education Decentralized Storage Alliance seeks to bridge the Web3 gap through education and advocacy

Decentralized storage network Filecoin has partnered with Protocol Labs and other participants within the Web3 ecosystem to launch the Decentralized Storage Alliance. According to the announcement, one of the main goals of the newly formed alliance is to help Web2 enterprises transition to Web3 through education, advocacy and best practices.

01.11 / 00:37

Adoption Stablecoins have a new name in Great Britain: Law Decoded, Oct. 24–31

The first full week under the leadership of the newly-elected Prime Minister Rishi Sunak saw a major landmark for crypto regulation in the United Kingdom. The Financial Services and Markets Bill, made public on Oct. 25, aims to enhance the U.K.’s position as a “global leader in financial services” — but what is more important is that it contains some new definitions for crypto products.

01.11 / 00:36

CBDC Adoption retail retail CBDC Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it

The Monetary Authority of Singapore (MAS) has wrapped up the first stage of its Project Orchid examination of a retail central bank digital currency (CBDC). According to the white paper released on Oct. 31, there is no “urgent case” for a retail CBDC in Singapore, but the study envisioned the infrastructure required in case a need arose. It also conceptualized a new model for digital currency — purpose-bound money — and pulled large Singaporean banks and government agencies into the research with a series of trials.

31.10 / 20:17

Adoption regulation Elections Luiz Inácio Lula da Silva wins Brazil's presidential race — what does this mean for crypto?

In a close race with outgoing Brazilian President Jair Bolsonaro, Luiz Inácio Lula da Silva, also known simply as ‘Lula,’ won the country’s presidential election following a run-off race.

31.10 / 17:07

Adoption Banks Central Bank Reserve Reserve Bank of India to reportedly launch digital rupee pilot in November

The Reserve Bank of India (RBI) is on track to debut the central bank digital currency (CBDC) after announcing the digital rupee project in February this year.

31.10 / 16:37

business Technology Adoption Scams Happy Halloween: The five spookiest stories in crypto in 2022

After over 13 years of ups and downs, this year stands out for having the most turbulent bear market in the history of crypto. Owing to a mix of factors — that include regulatory clearances across the globe and improved credibility among projects that survived the bear market — the world of crypto marked numerous milestones this year.

31.10 / 13:15

Adoption Investments America’s Oldest Bank Says 70% of Institutional Clients Will Invest in Crypto If This One Thing Happens

BNY Mellon, America’s oldest bank and one of the more crypto-friendly institutions, has said that 70% of institutional investors will increase their digital asset activity when more custody services are available.

31.10 / 12:35

Adoption Reddit Bitcoin Here are top tips by the crypto community to get through the bear market

The crypto bear market of 2022 has wiped out more than 70% of the market capitalization from the top. The total crypto market cap breached $3 trillion at the bull market’s peak last year but currently struggling to remain above $1 trillion.

31.10 / 09:19

Adoption transactions ATM remittances 9 years after the first Bitcoin ATM, there are now 38,804 globally

On Oct. 29, 2013, a coffee shop in downtown Vancouver, Canada opened what is understood to be the world’s first publicly available Bitcoin (BTC) automatic teller machine (ATM) operated by Robocoin.

31.10 / 08:43

business Facebook Adoption virtual reality Facebook became Meta one year ago: Here's what it’s achieved

It’s been just over a year since social media giant Facebook rebranded as Meta at the Facebook Connect conference on Oct. 28, 2021.

31.10 / 05:25

Technology Adoption 5,000 miles apart: Thailand and Hungary to jointly explore blockchain tech

The financial technology associations for Thailand and Hungary have signed a bilateral Memorandum of Understanding (MOU) to support the introduction of blockchain technology to their respective financial sectors.

31.10 / 01:01

Adoption Europe European Union The state of crypto in Northern Europe: Hostile Scandinavia and vibrant Baltics

Despite the turbulence that broke out in the crypto market this summer, there is an important long-term marker that should be considered in any complex assessment — the combination of adoption and regulation. The latest report by EUBlockchain Observatory, named “EU Blockchain Ecosystem Developments,” tries to measure this combination within the European Union, combining the data on each and every member country from Portugal to Slovakia.

30.10 / 14:39

business Facebook Adoption virtual reality PUMP FTX CEO dissects Mark Zuckerberg's intent to pump $10B/year into Meta

Facebook’s rebranding into Meta was Mark Zukerberg’s latest attempt to retain dominance in the social media world of Web3, specifically, the Metaverse. On the occasion of Meta completing one year on the rebrand, Sam Bankman-Fried (SBF), the CEO of the crypto exchange FTX, shared his thoughts on the rebranding and what it means for the future of Meta.

30.10 / 01:09

Technology Adoption data Tech Celsius Network’s bungling showed why centralization can’t protect privacy

In Celsius Network’s recent court filing, the billion-dollar centralized finance (CeFi) platform exposed more than 14,000 pages of customer identity and on-chain transaction data without user consent — a prescient reminder that privacy absent decentralization is no privacy at all.

29.10 / 12:41

Ethereum Adoption proof-of-work Energy Power Consumption network The Merge brings down Ethereum’s network power consumption by over 99.9%

The Merge, which is considered one of the most significant blockchain upgrades on Ethereum (ETH) to date, brought down the network’s energy consumption by 99.9% immediately.

29.10 / 04:01

Government Law Adoption Sunak UK Prime Minister Rishi Sunak's win was a victory for crypto

A former investment banker turned savvy politician, Rishi Sunak has had an incredibly prolific career in just a short period of time. At only 42, he has served as a member of the United Kingdom’s Parliament, chief secretary to the treasury and chancellor of the exchequer — and now, he’s starting his tenure as prime minister.

28.10 / 20:27

Adoption regulation Pro-crypto city of Lugano and El Salvador sign economic agreement based on adoption

Switzerland’s southern city of Lugano and El Salvador have signed an economic cooperation agreement based on crypto and blockchain.

what you should know about Adoption

What is Adoption and why is it important?

Adoption is a significant category that interests a wide audience. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Adoption?

All latest articles about Adoption can be found in the highlighted block. We publish information in a timely manner.

How can I verify the accuracy of information on Adoption?

We consult with professionals to ensure that the information about Adoption is accurate and valuable for our readers.