Adoption Financial News
28.09 / 09:11
CBDC
Adoption
BIS
Cross-border
France, Singapore and Switzerland test cross-border CBDCs
The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). Banque de France issued the report on Sept. 28.
28.09 / 09:11
CBDC
Adoption
regulation
Brazil’s crypto surge prompts central bank to tighten regulation
The governor of Banco Central do Brasil, Brazil’s central bank, said the bank has noted a significant surge in crypto adoption in the country and intends to react by tightening the digital assets regulation.
27.09 / 16:01
Blockchain
CBDC
Adoption
regulation
Central Bank
BIS
CBDC frameworks must guard user privacy, monetary freedom — BIS chief
Legal frameworks ensuring user privacy and the freedom to choose between central bank digital currencies (CBDCs) and other forms of money will be key in driving CBDC adoption, according to the head of the Bank of International Settlements.
27.09 / 16:01
Adoption
Google
copyrights
Google Chrome
Google paves way for AI-produced content with new policy
On Sept. 16, Google updated the description of its helpful content system. The system is designed to help website administrators create content that will perform well on Google’s search engine.
27.09 / 16:01
Blockchain
Adoption
Web3
Dapps
cricket
Cricket World Cup to feature Web3 fan app as ICC taps into Near blockchain
The International Cricket Council (ICC) has partnered with Near Foundation to build a blockchain-powered Web3 fan engagement app for the 2023 Cricket World Cup in India, which promises to reach hundreds of millions of fans over the next six weeks.
27.09 / 09:15
Adoption
Mining
Oil and Gas
Argentinian oil company to start mining crypto with gas power leftovers
A Buenos Aires-headquartered oil company, Tecpetrol, has decided to convert excessive gas into energy for cryptocurrency mining.
27.09 / 09:15
Adoption
regulation
SEC
Gensler testimony — Crypto enforcement actions driven by “wide-ranging noncompliance”
The United States House Financial Services Committee will hear how the Securities and Exchange Commission is changing its oversight and rules to keep pace with technological advancements, including cryptocurrencies and artificial intelligence.
27.09 / 07:39
business
Adoption
Banks
Sixth Swiss Bank Joins SDX Crypto Exchange
Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion (6.6 billion Swiss francs) in assets, has joined the Central Securities Depositary of the crypto exchange SDX.
26.09 / 19:57
Government
Stablecoin
Adoption
Analysis
economy
economics
Opinion
Support
CBDCs could support a more stable economy — if banks pull the strings
Central Bank Digital Currencies (CBDCs) have become well-established as a major talking point in the academic mainstream and geopolitics — not to mention the crypto community and its rowdy public discourse on X. While national leaders and supranational financial institutions such as the World Bank and International Monetary Fund have come to a broad consensus that CBDCs stand to provide great benefits, very little has been said detailing where CBDCs are best designed to provide support, and where their adoption may be, so to speak, out of bounds.
26.09 / 17:45
Adoption
Trading
Altcoin
Bitcoin Halving
Bitcoin
How one high-profile crypto exchange is planning to expand globally
CoinW, a crypto exchange with more than 9 million users worldwide sets its sights on global expansion — all part of a quest to encourage the mass adoption of digital assets.
26.09 / 14:37
business
Blockchain
Adoption
wallet
Stellar
MoneyGram
2024
MoneyGram to launch noncustodial crypto wallets by Q1 2024
Payment processing giant MoneyGram is set to launch its own noncustodial crypto wallet, the company’s CEO, Alex Holmes, announced during the Stellar Development Foundation annual Meridian conference.
26.09 / 13:11
business
Adoption
Payments
coinbase
applications
exchanges
‘Massive’ crypto use cases to surface by 2030 — Coinbase exec
Coinbase launched Base, its new blockchain, in late July, and it has already become a major player among Ethereum-based layer-2 chains.
26.09 / 08:11
Adoption
Binance
regulation
Taiwan’s major crypto exchanges form association to advance industry interests
As the national regulators prepare to lay out their crypto regulation framework this month, Taiwan’s platforms have announced the establishment of an industrial association.
26.09 / 06:29
Blockchain
Adoption
NFT
transactions
Bitcoin
Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’
The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard.
25.09 / 23:43
business
Adoption
Binance
services
Crypto exchange Binance reopens exchange services in Belgium
Crypto exchange Binance has reopened registrations and access to its products and services for its Belgian crypto users again — three months after the exchange was ordered by Belgium’s finance regulator to cease cryptocurrency-related services.
25.09 / 20:33
CBDC
Adoption
BIS
mBridge CBDC project preparing for new members, launch of minimum viable product
Project mBridge may soon see significant expansion, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue. He outlined the plans for the central bank digital currency (CBDC) project in a speech in Shanghai.
25.09 / 13:27
Blockchain
CBDC
Adoption
Yuan
Winter Olympics
Digital yuan app adds prepaid Mastercard Visa top-ups for tourists
Tourists planning on visiting the People's Republic of China can now pre-charge Digital Yuan wallets using VISA and Mastercard payment options as the nation continues to update the mobile app powering its CBDC pilot.
25.09 / 12:55
Adoption
SEC
MicroStrategy
Bitcoin
Bitcoin Price
MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC
MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big stash of cryptocurrency.
25.09 / 00:17
Art
Adoption
advertisement
Bitcoin
From walls to wallets: Barcelona graffiti artists share their love for Bitcoin
From skate parks and construction sites to train stations and bus stops, a pair of Bitcoin-loving graffiti artists from Barcelona, Spain have been working tirelessly to spread the good word about Bitcoin.
24.09 / 06:43
Stablecoin
Adoption
Voting
LUNC
Terra
Terra Classic community elects to cease USTC minting
The Terra Classic community has voted in favor of ceasing all minting and reminting activities related to TerraClassic USD (USTC), with the objective of reestablishing a stable peg between USTC and the U.S. dollar.
22.09 / 14:21
business
Stablecoin
Adoption
Payments
Investments
Trading
safe
Stablecoin exodus: Why are investors fleeing crypto’s safe haven?
In a year filled with uncertainty in the cryptocurrency space, a new trend has been unraveling: a stablecoin exodus that has now lasted for 18 consecutive months and has seen the market dominance of stablecoins drop to 11.6%.
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