Adoption Financial News

07.04 / 20:57

Adoption MicroStrategy Bitcoin Future regulatory 'Bitcoin Is Being Embraced' by the Government & Regulatory Future Is ‘Bright’ - MicroStrategy's Saylor

Bitcoin (BTC) is “being embraced” by the US Government, and the regulatory future for the asset is bright, MicroStrategy CEO Michael Saylor said during a discussion at the Bitcoin 2022 conference on Thursday.

07.04 / 20:31

business Blockchain Ethereum Adoption donates crypto donations Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M

As told by Aid for Ukraine, a joint initiative created by the Ukrainian government, FTX, Everstake, and Kuna to rally crypto donations for the country, Ethereum (ETH) co-founder Vitalik Buterin made $5 million worth of ETH donations to Ukraine in early April. According to the entity, despite the large donation sum, Buterin did not make an announcement regarding the transaction. It was eventually linked to him via the Ethereum Name Service domain name "vitalik.eth", which served as the origin of the transfer.

07.04 / 19:01

Adoption Bitcoin Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican Senator Sends Bullish Sign Too

The island of Roatán in Honduras and Portugal’s Madeira region are both set to “adopt bitcoin,” while a Mexican senator hinted that new talks about making bitcoin legal tender in this country about to begin.

07.04 / 17:04

Adoption Payments Lightning Network Bitcoin Cash App Launches ‘Paid in Bitcoin’ Function, Adds Lightning Transfers

Cash App, the mobile payments app developed by the Jack Dorsey-led payments firm Block, Inc., announced three new bitcoin functions today, including a new way to receive bitcoin (BTC) payments via the Lightning Network.

07.04 / 16:51

business Adoption e-commerce Bitcoin Bolt to enable Bitcoin and NFT access via Wyre acquisition

San Francisco-based e-commerce startup Bolt is moving into cryptocurrencies and nonfungible tokens (NFTs) by acquiring fiat-to-crypto and payment infrastructure firm Wyre.

07.04 / 05:29

Adoption defi Grayscale Digital Asset Management Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing

Digital asset management firm Grayscale, has added three new cryptocurrency assets across three main investment funds, while removing two other assets from its Decentralized Finance Fund as part of this year’s first quarterly rebalance.

07.04 / 03:25

cryptocurrency Adoption Survey Financial Investors Show Rising Interest in Crypto, but Financial Illiteracy Hampers Investments - Surveys

A series of recent polls are indicating a surge in interest in cryptoassets by US investors from across the generational and ethnic spectrum, but obstacles such as financial literacy gaps and inaction in dealings with financial advisors continue to hamper an accelerated crypto adoption by individual investors.

06.04 / 21:33

Government Blockchain Adoption testing Sweden’s central bank completes second phase of e-krona testing

The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation's central bank, the asset is now technically ready to be integrated into banking networks and facilitate transactions.

06.04 / 21:31

cryptocurrency Adoption ETF Bitcoin analysts Crypto ETPs & ETFs to Surpass USD 120B Under Management in Six Years – Analysts

The assets under management (AUM) in crypto-backed exchange-traded products (ETPs) and exchange-traded funds (ETFs) are likely to surpass USD 120bn by the year 2028, fueled by institutional demand and possible US policy changes, according to analysts at Bloomberg Intelligence.

06.04 / 20:41

Blockchain Adoption JPMorgan banking DeFi and Blockchain 'Are Real' - JPMorgan CEO

Wall Street investment bank JPMorgan is persuaded that decentralized finance (DeFi) and blockchain technology bring major growth potential, and is determined to remain “at the forefront of this innovation,” Jamie Dimon, the bank’s Chairman and CEO, wrote in his latest letter to the company's shareholders.

06.04 / 18:15

business Adoption Bitcoin businesses Building businesses in the ‘spirit of Bitcoin’: The Bitcoin Hostel

A Bitcoin (BTC) hostel is coming to Portugal’s shores. As it’s Europe’s first Bitcoin-only hostel, Cointelegraph spoke with the founders to find out how Bitcoin shapes the business model, from planning to architecture to the community.

06.04 / 17:39

business Blockchain Adoption DeFi can breathe new life into traditional assets

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century.

06.04 / 17:39

Blockchain Technology Adoption defi Terra Luna Report: DApp daily users surge to 2.4M in Q1 2022 despite headwinds

According to a new industry report published by DappRadar, the number of users engaging in decentralized applications, or DApps, every day surged 396% year over year to 2.4 million. This is only 5.8% below the same user activity level witnessed in Q4 2021.

06.04 / 16:29

business Adoption Asia HSBC debuts metaverse investment fund in Asia: Report

Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports.

06.04 / 15:51

business Ethereum Adoption Bitcoin Blockchain.com launches asset management for institutional investors

Blockchain.com, a cryptocurrency exchange and financial services firm, has reportedly launched an asset-management service for its wealthy customers.

06.04 / 15:07

Ethereum Adoption Bitcoin Female investors led crypto market growth in 2021, says new report

The crypto market is maturing and is no longer driven by speculation, according to a new report from BTC Markets (BTCM). According to the report by the Australian cryptocurrency exchange, the crypto market's growth in 2021 was driven by utility.

06.04 / 14:31

Stablecoin Adoption Donations United Nations Agency UN agency accepts first stablecoin donations worth $2.5M to help Ukrainian refugees

The United Nations High Commissioner for Refugees (UNHCR), a UN agency for refugees, has accepted its first-ever crypto donations toward humanitarians aid for Ukrainians fleeing the war-torn nation.

06.04 / 12:09

cryptocurrency Adoption Ruble US Hits Russian Crypto Exchange with Sanctions, Russian Central Bank Affraid That Crypto Will Replace Ruble

The United States has hit the crypto exchange Garantex with sanctions, claiming that it has “willfully disregarded” anti-money laundering and countering the financing of terrorism (AML, CFT) obligations and “allowed” its “systems to be abused by illicit actors.” A joint Washington-Berlin effort has also closed down darkweb servers in Germany – while the Russian Central Bank says it is still opposed to crypto adoption.

06.04 / 07:59

business Adoption Forbes Crypto billionaires increase by 60% in a year: Who made Forbes annual list?

The Forbes crypto billionaires list has been updated, and the number of individuals who have made vast fortunes in digital assets has increased substantially.

06.04 / 06:11

Stablecoin Adoption Lightning Network Bitcoin Visa should be 'scared': Lightning Labs raises $70M to add stablecoins

Bitcoin software firm Lightning Labs has secured a large funding round enabling it to further develop the Lightning Network for faster, cheaper Bitcoin and stablecoin transactions.

06.04 / 03:11

Adoption Crime Bitcoin Bukele Returns Bukele Returns to Miami Bitcoin Conference as Gangland Crackdown Takes Gruesome Turn

International bitcoiners will be turning their eyes to El Salvador again this week – but some are concerned that government’s aggressive recent crackdown on gang crime could undermine its standing in the bitcoin (BTC) community.

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