Adoption Financial News

09.04 / 06:17

business Facebook Blockchain Adoption There is room for the Metaverse in 2022, but the virtual space is far from perfect

It is hard to resist the vision spun to us by Meta (formerly Facebook) and other virtual world platforms. A digital utopia that can transform lives in multiple ways — whether how we socialize, work or even stay healthy — is a hard one to refuse.

09.04 / 03:19

Adoption banking South Korean Bank Shinhan Launches Nation’s First Corporate Crypto-Fiat Account

The South Korean commercial banking giant Shinhan has become the first bank in the nation to offer crypto account services to a corporate client.

09.04 / 00:29

Adoption regulation Central Bank ECB digital euro Executive ECB executive board member talks about current state of digital euro CBDC research

European Central Bank executive board member Fabio Panetta provided an overview of the central bank’s current research on a retail central bank digital currency Friday when he spoke at the IESE Business School Banking Initiative Conference on Technology and Finance. Panetta said the issuance of central bank digital currencies, or CBDCs, is “likely to become a necessity,” but warned that “they should not become a source of financial disruption that could impair the transmission of monetary policy in the euro area.”

08.04 / 23:57

business Blockchain Adoption NFT Investments PLC mulls £96M acquisition of Pluto Digital

On Friday, NFT Investments PLC, a U.K.-based blockchain firm that invests in companies operating in the nonfungible tokens, or NFTs, space, announced that it would no longer pursue a 96 million pound acquisition of Pluto Digital. Although it did not directly state its reasons for canceling the deal, NFT Investments wrote:

08.04 / 19:27

business Adoption Investments Venture Capital Venture capital year in review 2021: Cointelegraph Research Terminal

2021 was an interesting year in the crypto world. Bitcoin (BTC) hit all-time highs in several different metrics including adoption, media coverage and price action. It has been exciting to see all of the coverage and attention being paid to everything crypto including interest in nonfungible tokens (NFTs), decentralized finance (DeFi) and even large publicly traded companies like MicroStrategy holding serious amounts of BTC on its balance sheet. All of this is the public face of the crypto industry.

08.04 / 18:23

business Blockchain Adoption Gaming Gala Games Review: Gala Games blockchain platform combines gaming and commerce

Crypto games that combine play-to-earn (P2E) and nonfungible token (NFT) mechanics found a huge boost in 2021, thanks to the success of Axie Infinity and metaverse hype.

08.04 / 16:05

business Blockchain Adoption A double-edged sword? Once-famous brands are getting into crypto

There is no denying the fact that the crypto adoption wave sweeping the globe right now has resulted in a growing list of defunct brands making their way into the digital asset market in recent months.

08.04 / 13:55

cryptocurrency Adoption Charity Exclusive: How the Ukrainian Crypto Fundraising Started, How It's Going, and What's Next

Prior to the war, the Ukrainian government had been carefully crafting a light-touch regulatory framework aimed at promoting and fostering the crypto sector.

08.04 / 13:55

Ethereum Adoption BNB Bitcoin Bitcoin Lags Behind Ethereum & Altcoins Despite Strike, Robinhood, and Legal Tender News

The bitcoin (BTC) price lagged behind ethereum (ETH) and other major altcoins today, despite a series of bullish news announcements coming from the Bitcoin 2022 conference in Miami, USA.

08.04 / 13:55

cryptocurrency Adoption Payments Survey ecommerce Surging Consumer Interest in Crypto is Accelerating eCommerce Adoption - Survey

The global adoption of cryptoassets for eCommerce is gaining speed -- as 40% of 18-35-year-olds plan to pay for goods and/or services with crypto in 2022, according to a recent report released by global payments provider Checkout.com.

08.04 / 12:29

cryptocurrency Adoption Payments MasterCard Crypto-Powered Ukrainian Charity Launches Debit Card for War Victims

The crypto community-backed charitable venture that earlier received a USD 2.5m fund boost from the Ethereum (ETH) co-founder Vitalik Buterin has announced it has launched a charity crypto debit card that will allow Ukrainian users to access funds and humanitarian aid.

08.04 / 11:39

business Adoption Mining Bitcoin Water great idea! Bitcoin mining heats this swimming pool

A Bitcoiner has "pooled" off another mining innovation. The 'waste' heat generated by mining Bitcoin (BTC) is used to warm his swimming pool.

08.04 / 10:41

CBDC Adoption WeChat WeChat Pay to Offer Digital Yuan Payment Options as China’s CBDC Pilot Expands

The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token.

08.04 / 10:21

Blockchain Technology Adoption settlement wholesale South Africa finishes technical PoC for wholesale CBDC settlement system

South Africa has taken another step closer to implementing its central bank digital currency (CBDC) as the South African Reserve Bank (SARB) concludes a technical proof-of-concept for the project.

08.04 / 09:27

Adoption Blockstream Bitcoin Samson Mow’s new company JAN3 helping build Bitcoin City in El Salvador

Samson Mow, former chief strategy officer of Blockstream and founder of Pixelmatic, said on Thursday that he has started a new company called JAN3 which will focus on accelerating Bitcoin adoption.

08.04 / 08:15

business Adoption Payments Lightning Network Shopify Lightning to strike Shopify merchants with addition of BTC payments

Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning Network.

08.04 / 07:47

Stablecoin Adoption defi Terra reserves Terra buys $200M in AVAX for reserves as rival stablecoins emerge

Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have announced they have purchased a combined $200 million worth of AVAX tokens from the Avalanche Foundation.

08.04 / 07:37

business Adoption Bitcoin Payments Lightning Network Crypto Policy NOT ‘7 words is not a crypto policy': Aussie opposition under fire as election looms

Australia’s opposition Labor party is facing criticism over its lack of formal policy regarding the cryptocurrency industry just days before a national election is expected to be called

08.04 / 05:25

Adoption Conference Bitcoin Bitcoin 2022: Thiel calls Buffett 'sociopathic', Mexican billionaire has 60% in BTC

Day two of the Bitcoin 2022 in Miami was as colorful as we’ve come to expect, with Pay-Pal co-founder and venture capitalist Peter Thiel offering up his Bitcoin “enemies list” while Mexico’s third-richest man, Ricardo Salinas revealed he has 60% of his portfolio in Bitcoin.

08.04 / 00:27

Adoption regulation Banks Insurance The FDIC wants US banks to report on current and intended crypto-related activities

The Federal Deposit Insurance Corporation, the United States government corporation that insures depositors at U.S. commercial and savings banks, issued a financial institution letter Thursday. The letter requests the institutions supervised by the agency to notify the appropriate regional director of their activities with crypto-related assets or their intentions to engage in crypto-related activities.

07.04 / 22:51

business Adoption regulation Bitcoin Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022

Speaking at the Bitcoin 2022 conference in Miami, Samson Mow, former chief strategy officer of Blockstream, named three new jurisdictions that would be adopting or proposing to adopt Bitcoin (BTC) as legal tender. As told by Mow, the first is that of the Caribbean island Roatán, which is part of Honduras. Honduras Prospera Inc. is the organizer and promoter of the jurisdiction. The entity's president, Joel Bomgar, told the audience:

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