Adoption Financial News

07.09 / 10:27

Blockchain Stablecoin Adoption Ripple XRP Dollar Backed freeze Palau to freeze USD-backed stablecoin after pilot launch in July

Palau, a country in the western Pacific Ocean, is wrapping up its United States dollar stablecoin project after launching the pilot in August.

07.09 / 10:27

Adoption NFT avalanche Ava Labs Marketing company wants 90% of Japanese population on Web3: KBW 2023

Proof-of-stake (PoS) blockchain platform Avalanche is expecting 5-10 million transactions on a subnet as a Japanese loyalty program company that claims to have 100 million users has partnered with the network to bring their mass-scale loyalty rewards program into a blockchain.

07.09 / 09:07

CBDC Adoption regulation Europe European Union 2024 Financial EU financial chief: Don't rush digital euro before new EU Comission in June 2024

The European Union's financial services chief, Mairead McGuinness, believes there’s no reason to rush with the digital euro until after the next European elections in June 2024. In her opinion, the EU’s central bank digital currency (CBDC) project should be approached “quietly and slowly” by the next EU Commission, which will be appointed by the then-incoming parliament.

07.09 / 08:29

Blockchain Ethereum Adoption privacy transactions Ethereum Price Self Custody Casa wallet launches Ethereum vault relay service for increased user privacy

Cryptocurrency self-custody platform Casa has rolled out new functionality for its recently launched Ether (ETH) vaults, allowing users to transact via a relay for added privacy.

07.09 / 08:29

Blockchain Adoption Tokens Ban CBN missed opportunity for blockchain regulation in 2021 - Convexity CEO

A group of Nigerian professionals in digital assets took to the stage at the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023, held in Abuja, the nation’s capital, to discuss the future of digital assets in Nigeria in regards to regulation.

07.09 / 06:49

Law Adoption regulation Bitcoin Regulation Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator Bragg

Australian investors will be left exposed to unregulated markets and investments will be driven away from the country if the Digital Assets (Market Regulation) Bill is rejected by parliament, the bill's author Senator Andrew Bragg has warned.

07.09 / 06:49

Adoption MicroStrategy Bitcoin analyst FASB rules ‘eliminate the poor optics’ that shied firms from crypto: Analyst

The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital.

07.09 / 02:17

business Ethereum Adoption SEC CBOE Bitcoin analyst VanEck, ARK filings ‘officially’ start clock for spot Ethereum ETFs: Analyst

The race for the United States’ first spot Ethereum exchange-traded fund has officially begun after new 19b-4 filings by the Chicago Board Options Exchange (CBOE), which will "ultimately start the clock" for an SEC decision.

06.09 / 17:43

business Blockchain Adoption NFT Google Blockchain Game Google will allow ads for NFT games starting Sept. 15

Google has updated its cryptocurrency advertising policy to allow for blockchain-based nonfungible token (NFT) gaming advertisements as long as they don’t promote gambling or gambling services.

06.09 / 15:07

Blockchain Adoption Polkadot Supply Chain economy Enterprise OriginTrail on AI, real-world adoption and the value of knowledge: The Agenda podcast

Artificial intelligence (AI), large language models (LLMs) and machine learning have infiltrated just about every aspect of our technology-connected lives. Tools like ChatGPT offer an array of helpful utilities, but they also come with a potentially dark side, as ChatGPT and other LLM chatbots are known to occasionally spit out information that is factually incorrect, potentially biased and possibly even harmful.

06.09 / 08:49

Blockchain Adoption Investments Funding Venture Capital cryptocurrency investment New $20M fund eyes blockchain gaming and NFTs

A group of cryptocurrency venture investors has established a $20 million fund to invest in undervalued Web3 projects and companies focused on blockchain gaming and digital collectibles.

06.09 / 08:49

CBDC Adoption regulation Banks Central Bank lawmaker CBDCs will gradually displace private banks, says Russian lawmaker

Central bank digital currencies (CBDC) and blockchain technology are likely to displace traditional banks, according to a lawmaker in Russia.

06.09 / 08:49

Adoption regulation G20 FinTech global crypto community Framework India G20 confirms 'active discussions' around global crypto framework

Under India's G20 presidency, active discussions around establishing a global framework for cryptocurrencies are underway, India’s minister of finance Nirmala Sitharaman has said.

06.09 / 04:21

business Adoption Food Lightning Network lightning Bitcoin Time Colombian Bitcoiner aims to orange-pill coffee lovers one bean at a time

José Luis Garcia is a coffee-lover and entrepreneur trying to make his mark in the city of Medellín — the birthplace of Colombia’s modern coffee industry.

06.09 / 00:39

Adoption ETF SEC Bitcoin spot bitcoin bitcoin etfs spot bitcoin ETFs Crypto market ‘dramatically underestimates’ bullishness of spot Bitcoin ETFs

The potential of a spot Bitcoin (BTC) exchange-traded fund (ETF) approval to drive prices up is dramatically underestimated by the crypto market, claim analysts from crypto research firm K33 — formerly Arcane Research.

05.09 / 20:19

CBDC Adoption security Tokens network Regulated Liability Network identifies proof-of-concept case with digital pound

The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is prepared to proceed to a use case with retail central bank digital currency (CBDC), according to its latest report. The RLN project seeks to accommodate central bank, commercial bank and regulated non-bank transactions operating within “partitions” on a single network.

05.09 / 17:03

Ethereum Stablecoin Adoption defi coinbase layer2 BaSe USD Coin officially expands to Base and Optimism networks

Circle’s USD Coin (USDC) has launched natively on both Base and Optimism networks, allowing Circle account holders to send USDC stablecoin from their accounts to Base or Optimism. Coinbase has also made USDC transfers to Base available, according to a Sept. 5 social media post. Circle claimed that it is working with “ecosystem partners” to develop a system for users to swap old, bridged versions of USDC for the new, official versions.

05.09 / 14:29

Blockchain Ethereum Adoption Payments VISA solana Mobile Payments Visa taps into Solana to widen USDC payment capability

Global payments processor Visa has rolled out support for USD Coin (USDC) payments settled on the Solana blockchain as its stablecoin offering begins to expand.

05.09 / 14:07

Adoption Latin America education Bitcoin Schools 2024 El Salvador to introduce Bitcoin education in schools by 2024

The Ministry of Education of El Salvador and the non-profit, non-governmental organization Mi Primer Bitcoin/My First Bitcoin (MPB/MFB) partnered to add Bitcoin (BTC) education to public school curriculum by 2024.

05.09 / 13:31

Adoption defi Payments transactions Decentralization Money Transfers Mobile Payments Making real-world blockchain solutions possible — Solana co-founder Raj Gokal

Raj Gokal, co-founder of blockchain protocol Solana and chief operations officer of Solana Labs, started his career in venture capital with a focus on high-growth tech business.

05.09 / 13:31

Twitter Adoption Africa Bitcoin acquires Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala

₿trust, a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition.

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