Adoption Financial News

06.07 / 14:37

business Adoption Bitcoin Customers 85% of merchants see crypto payments as a way to reach new customers: Survey

While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain new customers.

06.07 / 14:13

Adoption Zebpay Taxes Bitcoin Indian Crypto tax deters 83% Indian investors from crypto trading: WaxirX report

The implications of what anti-crypto regulations can do to a thriving economy can be seen first-hand unfolding in India. Supporting the massive decline in trading volumes across all Indian crypto exchanges, a report from WazirX reveals a change in investor sentiment as the Indian government imposed its second crypto law — a 1% tax deduction at source (TDS) on every crypto transaction.

06.07 / 12:15

Adoption Investments Virginia county Fairfax commits $35M to Van Eck crypto lending fund

Virginia county Fairfax has begun investing a portion of a $35 million allotment into a cryptocurrency lending fund managed by global asset managers VanEck.

06.07 / 10:07

Adoption Federal Reserve Dollar boost Reserve Fed conference hears stablecoins may boost USD as global reserve currency

A note published by the United States Federal Reserve on a recently held conference found a majority of exports believe a U.S. dollar central bank digital currency (CBDC) would not drastically change the global currency ecosystem.

05.07 / 22:09

Adoption regulation Digital Asset Framework US Commerce Dept. asks digital asset industry for input on competitiveness framework

Among the numerous reports and other written material mandated in United States President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets” is a framework for enhancing United States economic competitiveness in digital asset technologies, due from the Commerce Department on September 5. In preparation for that document, the Commerce Department requested public comments through Tuesday, providing 17 questions to encourage discussion.

05.07 / 08:43

business Adoption Environment African infrastructure firm lands $150M to launch crypto water token

South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token.

04.07 / 18:57

Blockchain Ethereum Adoption Bitcoin Multichain Multichain adds Rootstock to its blockchain bridge ecosystem

Multichain, a cross-chain platform, has announced the integration of the Bitcoin-based (BTC) smart contract protocol Rootstock (RSK) blockchain into its ecosystem. This will allow users to exchange Ether (ETH), USD Coin (USDC), Binance USD (BUSD) and other assets between RSK, Ethereum and BNB Chain.

04.07 / 17:21

Blockchain Technology Adoption Metaverse Does the Metaverse need blockchain to ensure widespread adoption?

Many assume, too, that blockchain technology will play a key role in the Metaverse, along with other emerging technologies such as artificial intelligence (AI) and virtual reality (VR). But, is the use of blockchain really a foregone conclusion?

04.07 / 17:05

Adoption Altcoins Africa Central Africa Rolls Out Sango Coin Amid Transparency, Credibility Worries

The Central African Republic (CAR)'s authorities unveiled a new crypto project, dubbed Sango Coin, which President Faustin-Archange Touadéra launched as the country's national cryptocurrency in an online event, but hopes for a major push for crypto adoption in Africa have been partially replaced by fears that the initiative could actually undermine the continent’s increasing trust in crypto.

04.07 / 16:29

event Adoption Bitcoin The UK 'Bitcoin Adventure' shows BTC is a family affair

Bitcoin (BTC) is for everyone: toddlers, kids, hard rockers and even racing pigs. At the "Bitcoin Adventure" held in Avon Valley, near Bristol, Bitcoiners and hobbyists shared their knowledge, quips and personal journeys down the Bitcoin rabbit hole despite the predictably wet United Kingdom weather. Better still, Bitcoin's "toxic maximalism" was MIA.

04.07 / 16:29

Adoption Investments Trading Bitcoin Hodlers and whales: Who owns the most Bitcoin in 2022?

One of the main features of the Bitcoin blockchain is its transparency. Bitcoin lets anyone see every transaction that has ever been made on its network and check the balance of every address out there. Because of this transparency, we’re able to know who owns the most Bitcoin (BTC) in 2022.

04.07 / 14:11

business Facebook Adoption wallet Meta signals closure of Novi wallet after a 10-month pilot

Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project.

04.07 / 12:35

business Adoption Bitcoin Financial Peter Schiff's bank closure strengthens Bitcoin case for financial freedom

Prominent economist Peter Schiff, who is well-known in the community for his anti-crypto sentiments, had his bank shut down by Puerto Rico regulators. The revelation, however, led to Crypto Twitter pointing out the “irony” as Schiff’s prediction for Bitcoin (BTC) came true for his own traditional bank.

03.07 / 22:23

business Blockchain Adoption Opinion Are expiring copyrights the next goldmine for NFTs?

Although non-fungible tokens (NFTs) are most commonly known in the form of digital art, they exist in many other forms and represent much more than just art.

03.07 / 18:17

Blockchain Ethereum Adoption Bitcoin The crypto industry needs a crypto capital market structure

The past few weeks have been interesting and have surfaced what we in the financial services industry call matters requiring attention, or MRAs. An MRA describes a practice that deviates from sound governance, internal controls and risk management principles. These matters that require attention have the potential to adversely affect the industry and increase the risk profile.

03.07 / 14:31

business Blockchain Adoption Bitcoin Crypto’s ongoing crisis is an opportunity for realignment

It’s not a great day to be in crypto. Perhaps you’ve seen an article (or 20) about this. Perhaps you’ve been on Twitter, where our detractors are cackling gleefully over every headline, each one more harbinger-of-doom-esque than the next. To be fair, things are going badly. Crashed, collapsed, erased, plunged, obliterated and imploded are the operative verbs in most coverage, and they’re not being used incorrectly or in an exaggerated manner. There’s no putting a positive spin on a week where $400 billion in value just evaporated. Even for the most furiously determined buy-the-dippers and diamond-handed believers who feed off detractors and never say die, it’s dire out there.

03.07 / 11:57

Blockchain Ethereum Adoption fees 2020 Ethereum average gas fee falls down to $1.57, the lowest since 2020

The Ethereum (ETH) ecosystem’s biggest roadblock to mainstream dominance is often attributed to the extremely high transaction fees or gas fees it requires to complete a transaction. However, with Ethereum’s average gas fees coming down to 0.0015 ETH, the narrative is set to change.

03.07 / 08:17

business Blockchain Adoption Bitcoin Future NOT Web5 vs. Web3: The future is a process, not a destination

On June 10, many were surprised by the news that TBD, a subsidiary of Block, Twitter’s co-founder Jack Dorsey, announced the launch of the Web5 platform. Web 1, 2, 3 and now Web 5? But where is Web 4? Those who don’t care about number sequences can just downloaded Web 7.

02.07 / 17:45

business Blockchain Adoption Health Why longevity matters to everyone: Living longer lives in the world of Web3

Expected to reach a market size of $128 billion by 2028, the longevity sector is no longer something that those outside the medical world can ignore. In the next few years, life-extending technologies and treatments for aging-related diseases will reach human trials. There is an exciting wave of development happening in research labs and technology centers across the globe, with more and more early adopters embarking on their longevity journeys.

02.07 / 14:11

Blockchain Adoption Science Internet DeSci: Tech trees to fund ambitious science and tech

Have you ever played the game series Civilization, created by designer Sid Meier? Through the years, much has changed, but one of the unchanging hallmarks of the series has been the technology tree. Why has it been such a stable component of this game? Because it allows you, on one look, to get a bird’s-eye view of the technological capabilities necessary to make progress on your audacious civilizational goals.

02.07 / 11:48

Blockchain Adoption Africa Bitcoin Moon African celebrities join degens on the journey to the moon

African degens are on a journey to the moon. With crypto, African people’s savings are hedged against insane inflation levels, they can find employment in Web3, and there is always the potential to make life-changing money that will transform the trajectory of their lives forever.

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