Adoption Financial News

13.01 / 17:25

Adoption VISA Survey Bitcoin Digital, Crypto Payments Key to Small Business Growth in 2022 - Visa

As much as 73% of surveyed small businesses said accepting new forms of digital payments is a fundamental factor to their growth in 2022, with 24% eyeing enabling cryptocurrency payments, according to a survey by US payments giant Visa.

13.01 / 17:06

Blockchain Adoption Central Bank Swiss wholesale Swiss central bank tests wholesale CBDC with commercial partners

Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system.

13.01 / 15:49

Adoption Payments Media BBTV launches crypto payment solution for media monetization

Content creators on BroadbandTV Corporation (BBTV) will soon be able to get paid in crypto.

13.01 / 15:29

Government Adoption Asia Bitcoin Tonga to copy El Salvador bill making Bitcoin legal tender says former MP

Another domino is lined up to fall down the route to Bitcoinization. Yesterday, the Pacific island nation of Tonga shared a play-by-play approach to adopting Bitcoin (BTC) as legal tender.

13.01 / 13:42

Blockchain Adoption China aims to separate NFTs from crypto via new blockchain infrastructure

China is planning to draw a clear line between cryptocurrencies and nonfungible tokens (NFTs), pretty much the same way it did with its digital currency efforts, before the crypto crackdown in the country harms the local NFT industry.

13.01 / 12:45

Adoption Visa survey shows that 24% of SMBs plan to accept crypto payments

Back in 2021, a study showed that there is a high demand for cryptocurrency payment abilities among both crypto holders and non-holders. However, in the same study, 50% of participants noted that there are not enough businesses that accept crypto. This may change very soon.

13.01 / 12:45

business Adoption Conference Bitcoin boost Institutional investment will boost Bitcoin to $75,000, says SEBA CEO

The CEO of Swiss-based financial institution SEBA Bank shared his predictions for Bitcoin in 2022. A boon for BTC bulls, Guido Buehler was optimistic about institutional adoption and a price increase to $75,000 per coin.

13.01 / 00:25

markets Adoption defi Trading Time The expanding Cosmos: Here’s why Osmosis (OSMO) hit a new all-time high

Crypto assets within the Cosmos ecosystem have been on a run since the start of 2022, thanks to an intensified focus on brokering cross-chain compatibility with other blockchains. One decentralized finance (DeFi) protocol that has benefited from the current expansion plans is Osmosis (OSMO).

12.01 / 19:13

Blockchain Technology Adoption DEX Komodo to introduce 12 blockchain protocols in the next version of AtomicDEX

On Wednesday, Komodo, a multichain architecture network, announced the introduction of 12 protocols on its non-custodial multi-coin software wallet and atomic swap-powered decentralized exchange AtomicDEX. The 12 protocols consist of Avalanche, Polygon, Harmony, Fantom, smartBCH, Ethereum Classic, Moonriver, KuCoin Community Chain, Huobi ECO Chain, Ubiq, Arbitrum and Optimism, with the latter two being wallet-only. After the upgrade, users will be able to swap Avalanche tokens to Polygon, Ethereum to Binance Smart Chain (BSC), etc., and vice versa.

12.01 / 16:28

business Blockchain Adoption Banks Seba Bank Seba Bank raises $119M in Series C funding

Seba Bank, a Swiss-based digital assets banking platform regulated by the Swiss Financial Market Supervisory Authority, announced on Wednesday that it had completed a successful Series C funding round of 110 million Swiss franc, or $119 million U.S. dollars. Notable investors in the round included cryptocurrency exchange FTX, quantitative digital currency trading firm Alameda Research, decentralized finance asset management firm DeFi Technologies, and venture capital entities such as Altive, Ordway Selections and Summer Capital.

12.01 / 15:49

Adoption Payments retail Bitcoin Retail is pushing the Bitcoin price up, says Ledger CEO

As crypto prices recover after a slump last week, Pascal Gauthier, CEO of crypto wallet firm Ledger, addressed questions relating to the state of the crypto market.

12.01 / 14:15

Adoption ETF SEC Bitcoin end A third of Americans to buy Bitcoin by end of 2022, says Ric Edelman

Bitcoin bull and founder of Edelman Financial Engines Ric Edelman has made some promising predictions about the future of the seminal cryptocurrency.

12.01 / 12:17

Adoption regulation stocks Bitcoin IMF: Bitcoin matured to ‘an integral part of digital asset revolution’

Crypto is no longer an obscure asset class within the financial ecosystem, but a growing correlation with the stock market undercuts the “investment hedge” role of Bitcoin (BTC) and other cryptocurrencies, according to new International Money Fund (IMF) research.

12.01 / 08:55

Adoption defi Environment DAO KlimaDAO increases carbon offset stash by 50% in two months

Carbon offset protocol KlimaDAO has now accrued over 14 million on-chain carbon offsets and is causing waves in the more traditional carbon offset industry.

12.01 / 02:17

Blockchain Adoption NFT identity Republic of Palau and Cryptic Labs launch digital residency program

The Republic of Palau and blockchain development firm Cryptic Labs announced the launch of the Root Name System (RNS), a digital residency program on Tuesday.

11.01 / 23:41

business Blockchain Adoption Ramp expands presence in US with FinCEN regulation

On Tuesday, crypto-fiat gateway payments platform Ramp announced that its U.S. subsidiary Ramp Swaps LLC hadreceived its registration as a Money Service Business with the Department of Treasury's Financial Crimes Enforcement Network. The regulatory greenlight enables Ramp to do business in 38 states across the U.S. Besides the development, Ramp also has regulatory clearance with the U.K.'s Financial Conduct Authority and Poland's Financial Supervision Authority.

11.01 / 23:25

Blockchain Technology Adoption Polygon Zero-knowledge scaling tech Plonky goes live on Polygon

On Monday, Polygon (MATIC), a layer two Ethereum (ETH) scaling solution known for its fast transaction times and negligible gas fees, announced the launch of Plonky2, a zero-knowledge scaling technology claimed to be the fastest in the world. Zero-knowledge algorithms ensure everything is correctly computed on layer two and return the succinct proof to Ethereum without sending the entire data. Instead of every miner, or staker, verifying every posted transaction, zero-knowledge allows the verification of simplified rolled-up proofs, thereby significantly speeding up the overall network.

11.01 / 20:37

Government Adoption Bitcoin International Iran to allow crypto payments for international trade: Report

The Central Bank of Iran, or CBI, and the ministry of trade have reached an agreement to link the CBI’s payment platform to a trade system allowing businesses to settle payments using cryptocurrencies, the Mehr News Agency reported Monday.

11.01 / 17:40

Blockchain Adoption Charity Green and gold: The crypto projects saving the planet

It seems as though the potential benefits of cryptocurrency are often overshadowed by the technology’s inherent vulnerability to exploitation.

11.01 / 17:38

Adoption regulation crypto framework Framework FTX founder urges regulators to create a unified crypto framework

Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial Forum, an event organized by Hong Kong's government to highlight new opportunities within the region's economic landscape.

11.01 / 15:33

cryptocurrency Adoption Trading International Iran Reportedly Set to Allow Digital Currencies Usage for International Payments

Iran is reportedly set to finalize a scheme that would allow merchants to use digital currencies in international trades.

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