Adoption Financial News

31.05 / 03:07

Adoption regulation Tax reform open Japan’s Prime Minister Reportedly Open to Idea of Crypto Tax Reform

The Japanese Prime Minister Fumio Kishida has indicated that he may be open to reforming the nation’s much-maligned crypto tax laws in a bid to spark Web3-related growth.

30.05 / 23:53

Adoption Latin America South America Argentines turn to Bitcoin amid inflation worries: Report

Since 2016, Argentina has been engaged in a war against inflation. Caused by multiple factors, like a lack of trust in the central bank or government overspending, the depreciation of the Argentinean peso has negatively impacted citizens' purchasing power.

30.05 / 22:39

business Adoption MoneyGram Deal open MoneyGram to open transfer platform with Stellar, eyes wallet deal in El Salvador

MoneyGram International, one of the world’s largest cross-border transfer services, is partnering with the Stellar blockchain to create a stablecoin-based platform for money transfers. The new service will allow Stellar wallet users to send Circle’s USD Coin (USDC) to recipients, who will be able to cash them out for fiat currency through the MoneyGram network.

30.05 / 20:13

Adoption Ripple Environment World Economic Forum Brad Garlinghouse says NFTs 'underhyped,' sees new use cases | Cointelegraph interview

Ripple has announced a $100 million investment in the carbon trading segment, CEO Brad Garlinghouse told Cointelegraph’s Joseph Hall in an interview on the sidelines of the World Economic Forum (WEF) Annual Meeting, which concluded May 26.

30.05 / 18:41

business Adoption Interest rates Bitcoin Ledn CeFi interest on the wane: Will BlockFi, Ledn and Nexo rates trend lower?

Generating a yield on crypto is increasingly tricky. The Terra ecosystem implosion — where up to $50 billion was wiped out — led to a decline in decentralized finance (DeFi) protocols offering interest.

30.05 / 18:41

business Blockchain Adoption City of Shenzhen airdrops 30M in free digital Yuan to stimulate consumer spending

According to local news outlet Shanghai Securities News, the City of Shenzhen will airdrop 30 million digital Chinese Yuan (e-CNY) to local residents in an attempt to revitalize consumer spending.

30.05 / 17:53

Adoption Gaming play NFT Play-to-Earn Gaming Most Popular in India, Hong Kong, and UAE, Survey Finds

Play-to-earn (P2E) games based on non-fungible tokens (NFTs) are most popular in India, where a whopping 34% of internet users who participated in a survey said that they had played such a game.

30.05 / 16:57

Technology Ethereum Adoption Bitcoin Headlines Crypto’s youngest investors hold firm against headwinds — and headlines

These can be anxious times for holders of cryptocurrencies, especially those who entered the market in late 2021 when prices were cresting. Bitcoin (BTC), Ether (ETH) and especially altcoins now appear to be undergoing a major reset, down 50% or more from November highs.

30.05 / 11:53

Blockchain Adoption Lightning Network Bitcoin network bitcoin lightning ATH Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH

Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding up the impenetrable peer-to-peer network. The same holds true for the Bitcoin Lightning Network (LN).

30.05 / 11:45

Adoption YouTube World Economic Forum Bitcoin youtuber Youtuber NasDaily’s Bitcoin buy is $200K underwater: 'Be greedy and HODL'

Youtuber NasDaily endured a Bitcoin (BTC) baptism by fire. The entrepreneur and influencer with over 50 million followers invested $500,000 in Bitcoin —right before the bear market kicked in.

30.05 / 11:13

Stablecoin Adoption Payments MoneyGram Support MoneyGram to Support Transfers via Stablecoins, CEO Says Crypto is 'Obviously Here to Stay'

Major money transfer company MoneyGram aims to launch a new service that would enable users to transfer money overseas via stablecoins.

29.05 / 14:49

business Blockchain Adoption In the Economy 3.0, metaverses will create jobs for millions

Job creation is traditionally engineered by politicians desperate to get the country back to work and to be seen as stimulating the economy. From the job creation programs of the Great Depression to United States President Barack Obama’s American Jobs Act, employment schemes have a long, checkered history. Today, fostering meaningful employment for the masses remains as popular as ever with policymakers, and yet, the next great job creation scheme is unlikely to be issued as a top-down order.

29.05 / 13:27

business Blockchain Adoption Investments F1 Monaco GP: Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships, more

Crypto has taken over the world, and Formula One was no exception to the disruption. From NFTs and fan tokens to multi-year partnerships, the crypto community continues to support the F1 landscape in numerous ways.

29.05 / 08:11

business Blockchain Adoption elon SpaceX to follow Tesla in accepting DOGE payments for merch: Elon Musk

Just four months after EV manufacturer Tesla started accepting Dogecoin (DOGE) for merchandise purchases, Elon Musk announced his plan to extend the payment option for his space exploration company, SpaceX.

28.05 / 15:47

business Blockchain Technology Adoption NFT 2.0: The next generation of NFTs will be streamlined and trustworthy

Nonfungible tokens (NFTs) have been in the headlines for the past few years. While swaths of the population have tried to get their head around why NFTs exist, demand has soared, institutions have been built, and the lingo has entered our collective consciousness.

28.05 / 14:07

business Blockchain Stablecoin Adoption Terra (LUNA) 2.0 relaunches according to Do Kwon's revival plan

Do Kwon, the co-founder and CEO of Terraform Labs, confirmed the relaunch of Terra’s new chain, Terra 2.0, which aims to revive the fallen Terra (LUNA) and TerraUSD (UST) ecosystem.

28.05 / 08:17

Blockchain Adoption regulation India to roll out CBDC using a graded approach: RBI Annual Report

Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded approach for rolling out CBDC “with little or no disruption” to the traditional financial system.

28.05 / 08:17

Blockchain Technology Adoption identity Identity and the Metaverse: Decentralized control

“The Metaverse” and “Web3” are the buzzwords of the moment, with their concepts permeating across the worlds of fintech, blockchain, and now even mainstream media. With decentralization thought to be at the core of the Web3 Metaverse, the promise of a better user experience, security and control for consumers is what’s driving its growth. But with users’ identities at the heart of the Metaverse, coupled with unprecedented amounts of data online, there are concerns over data security, privacy and interoperability. This has the potential to hinder the development of the Metaverse, but both regulated and self-sovereign identities could play an important role in ensuring that we truly own our identity and data within this new space.

27.05 / 21:28

Blockchain Stablecoin Adoption Gaming WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement

Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology.

27.05 / 20:39

business Blockchain Adoption Hodler's guide to travel: Which platforms accept cryptocurrency?

The global economy is becoming increasingly digital, and it's no surprise that cryptocurrencies and blockchain technology are starting to have an impact on the travel industry. Many travel agencies now accept Bitcoin (BTC) and other digital currencies as payment, with some even providing discounts to customers who pay in cryptocurrency. Here is a list of popular travel booking platforms that take BTC, as well as embrace blockchain technology.

27.05 / 19:01

Adoption Payments sanctions International Amid sanctions, Russia weighs crypto for international payments: Report

The Russian Federation is reportedly considering accepting cryptocurrencies for international payments in response to Western sanctions against the country that were prompted by its full-scale invasion of Ukraine earlier this year.

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