Adoption Financial News
17.10 / 09:07
business
Blockchain
Adoption
Digital
2024
Koreans to have access to blockchain-powered digital IDs by 2024
South Koreans could soon allow its citizens to use blockchain-based digital identification (ID) instead of physical cards as soon as 2024, as the nation further embraces blockchain technology.
17.10 / 00:53
business
Adoption
Trading
Why crypto remittance companies are flocking to Mexico
Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the nation jumped to a record $5.3 billion in July, which is a 16.5% increase year-over-year compared to the same period last year. The steady growth presents myriad opportunities for fintech companies.
17.10 / 00:23
Blockchain
Technology
Adoption
Gaming
Blockchain gaming adoption means more options for gamers
Over the past couple of years, games that use blockchain technology have increased their presence in the gaming industry.
16.10 / 16:19
business
Adoption
Europe
Swiss
The state of crypto in Western Europe: Swiss powerhouse and French unicorns
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.
16.10 / 12:01
Adoption
G20
India aims to develop crypto SOPs during G20 presidency, says finance minister
The finance minister of India, Nirmala Sitharaman, revealed India’s plan to develop standard operating procedures (SOPs) for cryptocurrencies during its G20 presidency, from Dec. 1, 2022, to Nov. 30, 2023.
15.10 / 00:05
Stablecoin
CBDC
Adoption
NOT
Fed governor Waller says US CBDC would not enhance things the world loves about US fiat
A United States central bank digital currency (CBDC) would not enhance the qualities of the U.S. fiat dollar that foreign companies value most, U.S. Federal Reserve Board governor Christopher Waller in a speech released Oct. 14. CBDC skeptic Waller took a look at the question through the lens of national security at a symposium held at Harvard University. Waller had a more favorable view of dollar-backed stablecoin.
14.10 / 19:01
markets
Blockchain
Adoption
Trading
How can we bring 100 million new users to Web3? | Find out in this live AMA
Achieving mass adoption of cryptocurrencies remains a burning issue — and we'll be discussing this in depth during Cointelegraph's latest live ask-me-anything session.
14.10 / 17:59
Blockchain
Technology
Adoption
Insurance
Smart contract-enabled insurance holds promise, but can it be scaled?
A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance too, whereas before, they were too poor and too dispersed to justify the cost of underwriting.
14.10 / 16:33
Technology
Adoption
Health
Bitcoin
To HODL or have kids? The IVF Bitcoin Babies paid for with BTC profits
Hold Bitcoin till the very end or sell a little bit to start a family? For one Bitcoiner in Northwest London, it was a no-brainer.
14.10 / 16:07
Adoption
VISA
MasterCard
Mastercard Looking to Make Cryptocurrencies Everyday Way to Pay
Payments giant Mastercard believes crypto assets have the potential to transform the financial infrastructure, outlining five key areas that can help “turn cryptocurrencies into an everyday way to pay.”
14.10 / 15:05
Adoption
bonds
Bitcoin
El Salvador focused on bringing investment to Bitcoin City, says ambassador
El Salvador, the first nation to make Bitcoin (BTC) a legal tender in September last year, is currently focused on building a Bitcoin City. There have been several delays and disruptions in the plans since its announcement last year owing to the bear market-led investment drought and geo-political tensions.
14.10 / 14:37
Art
Adoption
Binance
Artists
Ukrainian art museum to preserve art and cultural heritage through NFT auction
As the Web3 space expands, nonfungible token (NFT) use cases continue to develop past the hyped days of stagnant digital art collections. However, even within the art realm, NFT utility is being reinvented, as is the case with a Ukrainian art museum.
14.10 / 13:51
Adoption
NFTS
Japanese Gaming Giant Konami to Launch Web3 and Metaverse Initiative
Japanese video game giant Konami has announced plans to launch a marketplace for trading in-game NFTs, as well as a "wide range" of other Web3-related products and services.
14.10 / 13:31
Adoption
Reddit
community
Bitcoin
Community discusses why inflation isn't pushing more people to crypto
While some anticipate that more people will naturally get into crypto due to inflation, the reality is far from some community members’ expectations. A discussion in the r/cryptocurrency subreddit highlighted this topic and explored why higher inflation is not pushing more people into the crypto space.
14.10 / 09:37
Adoption
Digital Currency
Asia
China floats idea of 'Asian yuan' to reduce reliance on US dollar
Researchers from a Chinese state-run think tank have floated the idea of an Asia-wide digital currency with the aim to reduce its reliance on a United States dollar-based economy.
14.10 / 05:55
Adoption
regulation
kpmg
Bitcoin
guidelines
FASB guidelines could 'smooth the way' for broader crypto adoption
The United States Financial Accounting Standards Board (FASB)’s decision to allow companies to use “fair value” to account for their crypto holdings could be seen as another step toward the wider institutional adoption of cryptocurrency.
14.10 / 04:19
Blockchain
Adoption
Gaming
Kraken
NFTs will be ‘as disruptive’ as Bitcoin was 10 years ago — Kraken exec
Non-fungible token (NFT) trading volumes may have dropped nearly 98% since January, but several industry executives tell Cointelegraph it's nothing to fear as the technology continues to develop and mature.
13.10 / 22:47
business
Blockchain
Adoption
email
This is what your email could look like in Web3
Forget about tracking DAO votes, DeFi transactions or data breaches across many channels and platforms. Your Web3 mailbox will handle it for you without requiring your phone number or legacy email address. Instead, your wallet address will receive and organize all this information.
13.10 / 19:15
Art
Adoption
defi
Al tech aims to make metaverse design accessible for creators
Artificial intelligence (AI) is a mainstay in many Web3 activities. From nonfungible token (NFT) creation to fraud detection, it is integral to the roots of what makes up decentralized technology.
13.10 / 19:15
business
Adoption
Research
Blockchain Game
Q3
Blockchain games and metaverse projects raised $1.3B in Q3: DappRadar
Venture financing for the blockchain industry remained robust in the third quarter, even as bearish conditions ravaged digital asset markets, a sign that venture capital firms were focused more on the long-term value proposition of the sector.
13.10 / 16:47
Adoption
Crypto.com
Crypto.com Selects Paris for its European Headquarters After €150 Million Investment
Major cryptocurrency exchange Crypto.com will establish its European regional headquarters in the capital city of France, Paris.
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