Adoption Financial News
03.10 / 10:51
Adoption
Payments
VISA
Investments
Venture Capital
generative AI
Future of payments: Visa to invest $100M in generative AI
Globalpayment giant Visa is raising its bet on artificial intelligence (AI) in commerce and settlements by setting up a new fund to invest in generative AI ventures.
03.10 / 07:49
Adoption
regulation
Singapore awards major payment institution license to Sygnum Bank subsidiary
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.
03.10 / 06:49
business
Adoption
Investments
data
Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis
Recent crypto advancements in Hong Kong could provide a “potential tailwind” to lift crypto activity in the East Asian region, which has mainly suffered from a China-wide ban on trading activities since 2019.
03.10 / 01:35
business
Ethereum
Adoption
Ether price
Futures
Ethereum Price
Ethereum futures ETFs garner lukewarm reception on first day of trading
The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded little in the way of investment dollars in comparison.
03.10 / 01:35
02.10 / 13:25
Adoption
Microsoft
Google
Gaming
Mobile Games
AI a powerful tool for devs to change gaming, says former Google gaming head
The world embraced artificial Intelligence (AI), hoping to see it transform complex and day-to-day processes. While generative AI models won millions of users, discussions around the transformative potential of AI in all walks of life became mainstream.
02.10 / 13:25
Ethereum
Adoption
regulation
SEC
Ether price
Grayscale
spot ETF
Grayscale submits SEC filing to convert Ethereum Trust to spot ETF
Following the approval of the first Ether (ETH) futures exchange-traded fund (ETF), Grayscale Investments is looking to convert its Grayscale Ethereum Trust to a spot Ether exchange-traded fund (ETF).
02.10 / 11:49
Adoption
regulation
IMF
IMF working paper proposes country-level assessment matrix for crypto risks
A working paper published by the International Monetary Fund (IMF) proposed a count vulnerabilities and potential policy responses for the crypto sector.
30.09 / 12:05
Blockchain
Adoption
ETF
ethereum etf
Bitwise announces Ethereum ETF launch on Oct. 2
Bitwise Asset Management has revised its spot Bitcoin (BTC) exchange-traded fund (ETF) application and confirmed that trading for two Ether (ETH) futures ETFs will commence on Oct. 2.
30.09 / 12:05
Blockchain
Adoption
defi
Assets
From CeFi to DeFi: How investors can redefine their asset management approach
Centralized finance (CeFi) services such as crypto exchanges have accelerated the adoption of digital assets and blockchain solutions. Despite this, while retail traders can still use them for convenient crypto transactions and day-to-day operations, institutional investors can thrive long-term if they limit their exposure to CeFi risks and move to decentralized finance (DeFi) instead. With ambitious new projects coming to the table, the next leg of innovation will be pioneered by platforms offering the necessary infrastructure to bring institutional funds on chain.
29.09 / 19:15
CBDC
Adoption
Digital Currency
Europe
European Union
Euro
Georgia preparing limited live CBDC pilot, considering Ripple among tech providers
The National Bank of Georgia (NBG) has announced that it will advance its research on a digital lari central bank digital currency (CBDC) in a limited-access live pilot environment. Nine companies, including Ripple Labs, will take part in the project, and one of them will be selected to move forward to the next stage of testing.
29.09 / 15:19
Adoption
ETF
Kraken
Kraken Mulls Offering Traditional Stocks and ETFs
Kraken, a prominent US-based cryptocurrency exchange, is reportedly considering expanding its product offerings to include traditional stocks and exchange-traded funds (ETFs).
29.09 / 13:11
Blockchain
Adoption
Enterprise
SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan
SBI Holding and TradeFinex will look to drive trade finance adoption of EVM-compatible enterprise blockchain XDC Network through a new joint venture in Japan.
29.09 / 10:19
Adoption
NFT
Donations
PHILANTHROPY
Support
NFT artist raises $140K for cancer support charity
A nonfungible token (NFT) artist raised nearly $140,000 (114,000 British pounds) from an art event in Edinburgh, Scotland to support cancer treatment.
29.09 / 00:16
business
Adoption
virtual reality
Metaverse
Meta
The metaverse is real: Zuck's 'incredible' photorealistic tech wows crypto twitter
While critics have been busy writing eulogies for Meta’s metaverse dream over the last few years, Mark Zuckerberg’s latest demonstration of its photorealistic avatars shows it could be pretty far from dead after all.
28.09 / 14:07
Adoption
regulation
coinbase
Bitcoin Regulation
Coinbase campaign for sensible crypto policies hits coffee cans to ‘wake up’ regulators
The Coinbase “Stand with Crypto” campaign has reached coffee cans as the exchange and industry stakeholders convened in Washington, D.C.
28.09 / 14:07
Blockchain
Adoption
Sport
Football
Fan tokens
Tottenham Hotspur
Tottenham Hotspur taps Chiliz blockchain for Web3 fan token
Tottenham Hotspur will become the latest English Premier League team to tap into blockchain technology to issue and manage its own Web3 fan token to drive supporter engagement and rewards.
28.09 / 13:47
Adoption
coinbase
Futures
Perpetual
Perpetual Futures
Coinbase Secures Approval to Offer Perpetual Futures Trading for Non-US Retail Users
Coinbase has received regulatory approval to offer perpetual futures trading services to retail customers outside the United States.
28.09 / 11:17
event
Blockchain
Adoption
regulation
Event Recap
Europe drives institutional crypto adoption: Blockchain Expo Amsterdam
Europe remains fertile ground for the cryptocurrency ecosystem to flourish compared with harsher regulatory environments, according to prominent speakers at Blockchain Expo Europe 2023 in Amsterdam.
28.09 / 11:17
Blockchain
Technology
Adoption
Web3
How Ibiza’s most prominent nightclubs are jumping on the crypto trend
While it may seem counterintuitive initially, the crypto market has much to offer to nightclubs and festivals. The symbiosis between these two ecosystems is already unfolding in Ibiza — a Spanish island known for its nightlife and electronic music events in the summer.
28.09 / 09:31
Adoption
PayPal
Paxos
Crypto.com
PayPal USD
Crypto.com to become preferred exchange for PayPal USD
Singapore-based exchange Crypto.com has teamed up with PayPal and Paxos to become a preferred platform for PayPal USD (PYUSD).
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