Adoption Financial News

MENA Climate Week kicked off on Tuesday with a focus on discussing the use of blockchain technology for bringing transformative climate action to the region. Kristina Cornèr, Cointelegraph’s editor-in-chief, shared her insights in a panel discussion at the event about how the climate action sector can benefit from the crypto and blockchain community.

The Government of Maharashtra, one of India's state governments, has started issuing caste certificates over the Polygon blockchain to citizens residing in Etapalli village, Gadchiroli district, as a part of the Digital India campaign. 

Next time someone tries to poo-poo the renewable credentials of Bitcoin (BTC) mining, remember AmityAge Mining Farm. Founded by Gabriel Kozak and Dušan Matuska, the Bitcoin mining facility uses human and animal waste to generate electricity for mining.

Suren Ayriyan is the Managing Partner and CEO at TEMPO Payments, a digital money transfer company.

The Canadian Conservative Party candidate for Prime Minister, Pierre Poilievre, has come out in support of allowing Canadians to use Bitcoin (BTC) as legal money in the country.

CoinShares data revealed on Tuesday, March 29, that institutional investments into cryptocurrencies are at the highest levels in three months, a sharp rise from the previous week which saw outflows of $47 million.

Chinese businesses are finding more uses for the digital yuan – with merchants being offered services that allow them to sign up to receive central bank digital currency (CBDC) payments through third-party operators.

Austria has been actively transforming into an attractive location for providers of blockchain-based products, with the government itself experimenting with the technology and trying to create a legal basis upon which companies can use it. 

The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies.

Is the race on? This is a question that at least some people have been asking ever since El Salvador made bitcoin (BTC) legal tender in September, and with the Swiss city of Lugano doing essentially the same thing at the beginning of March, it’s arguably only a matter of time before other countries rush to embrace bitcoin.

Cointelegraph is following the development of an entirely new blockchain from inception to the mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.

The Brazilian city of Rio de Janeiro will officially start accepting Bitcoin (BTC) payments for taxes related to urban real estate within their city limits, a.k.a. Imposto sobre a propriedade predial e territorial urbana (IPTU).

Recent geopolitical events have polarized the world. Partisanship and the ideological divide have further balkanized the internet, whose gatekeepers have trampled upon the rights of millions to access financial services. Nations are gradually waking up to the reality of having neutral protocols and national stacks. 

The metaverse continues to infiltrate the high-end fashion industry, with Decentraland, one of the most popular emerging virtual worlds, hosting the Metaverse Fashion Week between March 24 and 27, which will include more than 60 brands, artists, and designers.

The Financial Action Task Force (FATF)’s Travel Rule is now compulsory in South Korea – but critics have decried the nation’s lack of preparedness for the measure.

NFTs are nonfungible tokens. The adjective “nonfungible” is often used in economics to represent features such as uniqueness and non-interchangeability. In the crypto space, nonfungibility simply indicates that one item cannot be exchanged for another.

The Office of Science and Technology Policy (OSTP), an Executive Office of the President of the United States, commenced a study to identify the scope for offsetting energy use and climate changes related to digital assets. 

Last month, cultural critic Alison P. Davis published an article in The Cut titled “A Vibe Shift is Coming. Will Any of Us Survive It?” The “vibe shift” Davis was referring to had nothing to do with crypto. She was referring to a sea change in pop culture and social trends, particularly in view of GenZ’s ongoing ascendance into trendsetting and cultural relevance. Nevertheless, her positioning caught my eye because she aptly put her finger on something crucial that I’ve also been feeling, particularly as it relates to crypto. The paradigm shift toward the next cultural moment — whatever it is — is perceptible, even if it’s not palpable. We can’t quite make it out, but we know it’s in the room. The concrete conditions haven’t shifted yet, but the vibe most certainly has.

What we call Web3 will be centered on an ecosystem of technology products that are decentralized, based on blockchain networks, interoperable, and without a traditional trusted validator (such as corporations, institutions and government bodies). But exactly what does this mean? 

Gold has served as a store of value for thousands of years. Due to this, investors have widely used it as a hedging tool against the effects of recessions and inflation often caused by geopolitical tensions. In light of recent events such as the COVID-19 pandemic and, more recently, the military crisis between Russia and Ukraine, many investors have sought alternatives to gold and other precious metals as hedging options. As we approach a digitized age, it is a prerequisite that alternatives to gold are equipped to deal with the future. In this search for a contender to challenge gold’s dominance, Bitcoin (BTC) has shone the brightest.

During the 8th edition of the Blockchain Africa Conference 2022, Cointelegraph's Editor-in-Chief Kristina Lucrezia Cornèr virtually moderated a panel titled "Cryptocurrency Institutional Investment: Increasing Returns and Improving Diversification." Panelists Kalin Metodiev, Co-Founder and Managing Partner at Nexo, and Dimitrios Kavvathas, Chief Strategy Officer at Amber Group, focused on the opportunities that institutional investors perceive in the blockchain and crypto space, both in Africa and globally.