Adoption Financial News

14.07 / 02:11

Blockchain Technology Adoption e-CNY China's central bank to expand deployment of e-CNY

According to China's state institution Xinhua News Agency, Lan Zou, head of monetary policy at the People's Bank of China (PBoC), announced that the country would be expanding the number of digital yuan (e-CNY) test sites in the country from 11 to 23. They are spread out across 15 out of 31 of China's provinces and autonomous regions. The PBoC is China's central bank and is responsible for the development of the e-CNY central bank digital currency, or CBDC. During Wednesday's press conference, Zou praised the success of the recent e-CNY rollout, stating:

13.07 / 21:53

Blockchain Adoption Why Alex Tapscott quit his high-paying job to write a book about Bitcoin

"In 2015, I quit my job at the tender age of 29 to do something I'd never done, which is to write a book with no idea of what would come afterward." Fast forward seven years later, Alex Tapscott is now a renowned Canadian business author known for his national bestseller Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World. Aside from his writing ventures, Tapscott also serves as the founder and CEO of digital assets investment company NextBlock and is the co-founder of Blockchain Research Institute along with his father, Don Tapscott.

13.07 / 20:39

Adoption NFT Legal UK UK Court Allows Civil Case Claimant to File NFT Legal Documents

Non-fungible tokens (NFTs) have found a way into the British legal system – just weeks after a similar development in the United States.

13.07 / 19:31

business Blockchain Adoption Middle east Syrian refugee turned civil activist found calling as blockchain evangelist

There is an educational website for beginning crypto users called ZeFi. The site has helpful introductory lessons, some interesting articles and a look of sincerity, much like other sites. However, none of it is that different — at least not in English. Its special feature is the language button in the upper right corner that reveals the Arabic version of the website.

13.07 / 16:35

Blockchain Adoption Bitcoin Survey reveals high penetration and adoption of crypto in Saudi Arabia

The high degree of penetration and adoption of crypto in Saudi Arabia makes it an important market for digital currencies, demonstrating the potential for expansion in the Middle East and North (MENA) region.

13.07 / 16:35

Adoption Space Bitcoin Brazil beams Bitcoin from space: A case for BTC satellite nodes

A Bitcoiner in Brazil has beamed the blockchain from space. Mauricio Cessere, product manager at Ledn and a Venezuelan national, has established the purported first Bitcoin (BTC) satellite full node in Brazil.

13.07 / 15:25

Blockchain Adoption Shanghai included blockchain, NFTs and Web3 in its 5-year plan

China's biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), metaverse and Web3 in general during its next five-year plan.

13.07 / 14:17

Adoption regulation Bitcoin NOT Financial Bitcoin not a currency? South Africa to regulate crypto as financial asset

The South African Reserve Bank is set to introduce regulations next year that will see cryptocurrencies classed and treated as financial assets to balance investor protection and innovation.

13.07 / 14:17

business Blockchain Ethereum Adoption Unstoppable Domains MoonPay to make Web3 payments with Unstoppable Domains partnership

Unstoppable Domains has partnered with crypto payment firm MoonPay to incorporate nonfungible token (NFT) domains in transactions within the platform. With the collaboration, MoonPay users can send and receive digital assets using their domain names, eliminating the need to enter long and complicated wallet addresses.

13.07 / 13:23

business Blockchain Adoption Bitcoin Crypto winter presents an opportunity amid chaos, says asset group exec

Bear markets often result in investors showing extreme fear in tools that measure the market’s sentiments. However, despite the uncertainties during a crypto winter, some prefer to focus on the opportunities that it can bring.

13.07 / 02:49

Adoption regulation Banks US Treasury study finds CBDCs a plus for commercial bank stability

The introduction of a central bank digital currency (CBDC) may increase the stability of a banking system, according to a paper released Tuesday by the United States Treasury Office of Financial Research.

12.07 / 23:39

CBDC Adoption regulation ECB digital euro wholesale French central bank head announces beginning of wholesale digital euro project phase 2

The first phase of experiments with a wholesale digital euro has been completed, and Phase 2 experiments will begin this year, Banque de France governor François Villeroy de Galhau said Tuesday. Four or five new experiments are expected to be launched.

12.07 / 19:21

Adoption Entertainment Gaming Bitcoin safe Gnosis Safe Gets New Name & USD 100M, STEPN Earns USD 123M, Playboy in The Sandbox + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____

12.07 / 15:45

Adoption Bitcoin Swiss Swiss Post's banking arm developing in-house crypto custody platform

Switzerland’s Post Office is set to onboard cryptocurrency trading through its banking arm PostFinance as user appetite for custody grows in the country.

12.07 / 12:35

Stablecoin CBDC Adoption Bank of Russia opposes private stablecoins in the country

In a fresh episode of the longstanding battle between the Central Bank of Russia (CBR) and the country's Ministry of Finance, representatives of the former have criticized the latter’s idea of supporting the stablecoins, which some private investors have sought to launch in the country.

12.07 / 11:45

Adoption Bitcoin The UK's largest Bitcoin conference comes to Scotland

The bear market won't scuttle Bitcoin's adoption plans in the United Kingdom. From Oct. 21–22 this year, internationally recognized Bitcoin (BTC) experts, authors and content creators will take part in the United Kingdom’s largest Bitcoin conference to date.

12.07 / 09:06

Adoption NFT Conference Utility NFTNYC expecting ‘diverse and eclectic audience’ to drive utility narrative of NFTs

NFTNYC, one of the largest nonfungible token (NFT) events of the calendar year, is preparing to open its doors for a fourth year, celebrating the diversity of NFTs across sixteen sectors, including art, film, sports and ticketing.

12.07 / 08:58

business Adoption Trading stocks Online brokerage M1 Finance to launch crypto trading accounts

Despite the bear market scaring away many crypto investors in 2022, online brokerage firm M1 Finance is set to launch crypto trading accounts and trading services over the next few weeks.

12.07 / 08:57

Blockchain Adoption Consensus Internet of Things network Helium Network Helium network team resolves consensus error after 4-hour outage

The Internet of Things (IoT) blockchain Helium shut down for about 4 hours on July 11 due to validator outages from a software update, causing delayed transaction finality.

11.07 / 23:01

CBDC Adoption regulation KYC Report urges central banks to work together on digital currency interoperability

International agencies are urging central banks to consider interoperability early in the design of central bank digital currencies (CBDCs). The Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures, the BIS Innovation Hub, the International Monetary Fund and the World Bank released a report Monday that looked at three options for cross-border interoperability that address challenges including high costs, low speed, limited accessibility and lack of transparency.

11.07 / 22:13

Blockchain Art Adoption community Comic-Con guru explains why storytelling is the key component for successful NFT projects

In the most recent episode, Comic-Con legend, Gareb Shamus discusses how he has used storytelling to build engagement and a “maker world” that grows and strengthens communities.

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