Adoption Financial News
26.11 / 09:11
Adoption
Europe
European Union
German Government
New German government cites crypto in coalition agreement
The new German government has cited crypto in its coalition agreement, advocating for an equal playing field between traditional finance and “innovative business models.”
26.11 / 07:21
business
Government
Adoption
lawmakers
Thai lawmakers urged to approve tourism crypto to entice digital nomads
A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media.
26.11 / 04:11
Government
Blockchain
Adoption
Crypto users
Australian
Australian Tax Office says it can't rely on crypto users' own records
The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and profits — even though most investors try their best.
26.11 / 00:05
Adoption
Investing
Lightning Network
network
A Non-Custodial Bitcoin Interest Rate Account? Lightning Network May be the Answer
A long-held view in both crypto markets and traditional financial markets is that in order to earn an interest on one’s assets, custody of those assets must be given up to a third-party. But with bitcoin (BTC)’s Lightning Network (LN), a new model for earning a non-custodial “Lightning Network Reference Rate” (LNRR) has emerged, one author argues.
25.11 / 19:33
Adoption
Binance
Bitcoin
Russians transact $5B in crypto each year, Bank of Russia says
Russian people are among the world’s most active participants of the cryptocurrency market, according to the country’s central bank.
25.11 / 17:47
Technology
Adoption
Charity
Crypto Thanksgiving: NFT drops and Black Friday deals go mainstream?
From the rise of the Metaverse to major brands announcing nonfungible token (NFT) drops, cryptocurrency mass adoption is well underway. Americans in particular have taken a growing interest in crypto, as recent findings from the Pew Research Center found that nearly a quarter of 10,371 adults in the United States were familiar with cryptocurrency, while only one-eighth (13%) were entirely unfamiliar with the concept.
25.11 / 12:51
Adoption
MARKET
wallet
coinbase
acquires
Coinbase Acquires BRD to 'Bring Decentralization' to More People, BRD Skyrockets 724%
Major crypto exchange Coinbase has acquired the crypto wallet startup BRD in an effort to enhance its self-custody capabilities. Meanwhile, the wallet's native token has jumped over 720% in a single day.
25.11 / 12:19
Stablecoin
Adoption
Bitcoin
Crypto poses no big risk to economy so far, Bank of Canada official says
Cryptocurrencies like Bitcoin (BTC) do not pose any significant risk to the financial system at their current level of adoption, according to Bank of Canada’s Deputy Governor Paul Beaudry.
25.11 / 11:49
Adoption
NFT
coinbase
Gaming
Adidas Originals & Coinbase Strike Partnership, But Keep Details Vague
The Adidas brand Adidas Originals has announced it has made a foray into the world of crypto – with a purposely obscure tweet about a partnership with the American exchange heavyweight Coinbase.
25.11 / 11:45
Government
Law
Adoption
Europe
Finnish regulators tighten the screw on virtual currency marketing
Hot on the heels of the rising cryptocurrency hype, Finnish regulators have dropped a formal notice. On Nov. 24th, the Financial Supervisory Authority (FIN-FSA) stated:
25.11 / 09:01
Blockchain
Adoption
virtual reality
The Metaverse is a $1T opportunity after users increase 10X: Grayscale report
Crypto investment giant Grayscale has published a bullish report on the Metaverse, estimating that the “market opportunity” for bringing the Metaverse to the mainstream may be worth over $1 trillion in the next few years.
24.11 / 18:21
Blockchain
Adoption
regulation
security
Deterring adoption? Balancing security and innovation in crypto
The cryptocurrency space moves rapidly, so much so that every year, there’s a new trend: from initial coin offerings (ICOs) to nonfungible tokens (NFTs) only a few years have passed. In the face of such astounding innovation, crypto companies and regulators face a growing challenge: balancing security practices with new products and features.
24.11 / 17:11
business
Blockchain
Adoption
Sport
NOT
FC Barcelona, Man City canceled crypto deals show cash is not everything
The sports industry took a hard hit from the coronavirus pandemic. Most leagues got suspended, and then teams played without the audience for an extended period. Sports clubs started to seek out new revenue streams, and the crypto industry arrived to aid with juicy deals.
24.11 / 13:13
Adoption
Ripple
XRP
Ripple CEO blasts Dogecoin for ‘inflationary dynamics’
The CEO of Ripple, the company behind the XRP cryptocurrency, is not a fan of the meme-based digital currency Dogecoin (DOGE).
24.11 / 12:49
Ethereum
Adoption
Investing
ConstitutionDAO Will Shut Down, The 'Project Has Run Its Course'
The ConstitutionDAO team has unveiled its plan to close down the group after failing to win the auction for a rare copy of the US Constitution at the auction house Sotheby’s.
24.11 / 12:17
Blockchain
Adoption
Bitcoin
Crypto prices in India tumble after crypto bill announced
Regulatory discussions in India around a crypto ban caused panic selling on major crypto exchange WazirX, resulting in massive price drop on leading cryptocurrencies including Bitcoin (BTC) and Ether (ETH).
24.11 / 08:57
CBDC
Adoption
Ripple
National
Palau partners with Ripple on climate friendly national digital currency
Ripple, the digital payment network, has partnered with the Republic of Palau to help the Pacific island nation develop its own digital currency.
24.11 / 07:57
business
Adoption
Investments
Australia's Rest Super retirement fund to invest in crypto for its 1.8M members
Australian superannuation fund Rest Super is set to become the first retirement fund in the country to invest in cryptocurrencies.
24.11 / 06:53
business
Adoption
Sport
Floki's logo to appear on league-topping SSC Napoli’s match jersey and stadium
The team behind the Floki Inu (FLOKI) token — inspired by Elon Musk’s pet dog of the same name — has signed a sponsorship deal with Italian football giant S.S.C. Napoli.
24.11 / 00:47
Government
Blockchain
Adoption
ASIC Chair Longo calls the growing demand for crypto ‘impossible to ignore’
Joe Longo, chair of the Australian Securities and Investments Commission, or ASIC, spoke at the Australian Financial Review Super and Wealth Summit on Nov 22 at the Fullerton Hotel in Sydney.
24.11 / 00:44
business
Blockchain
Adoption
Cardano
regulatory
eToro to delist Cardano by 2022 for US users due to regulatory concerns
In a statement released to customers on Tuesday, Israeli cryptocurrency exchange eToro announced it would delist Cardano (ADA) and Tro (TRX) for U.S. customers by the end of the year.
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