Adoption Financial News

09.08 / 14:05

Blockchain CBDC Adoption Tokens Bank of Russia Russia to begin CBDC trials with 13 banks

The Bank of Russia (BoR) has revealed that it will begin testing operations for Russia’s central bank digital currency (CBDC) project with digital rubles. The test will begin on Aug. 15.

09.08 / 12:27

Blockchain Adoption education Activism Books Podcast How to become a ‘Blockchain Radical,’ according to podcaster Joshua Dávila

Crypto has been the subject of much criticism from those on the political Left, many of whom see cryptocurrencies like Bitcoin (BTC) as being associated with libertarian or right-wing ideas. One common perception is that cryptocurrencies and other blockchain-based technologies, such as nonfungible tokens (NFTs), exist for the primary purpose of concentrating wealth, scamming investors and otherwise replicating existing financial and power structures — just in a more unregulated manner.

09.08 / 11:11

Adoption regulation Investing International Hong Kong Aims to Thrive as an International Crypto Hub Despite Global Scrutiny

The first licenses in Hong Kong have been issued to crypto companies under a new regulatory regime, as the city continues its plans to become an international crypto hub. But vital hurdles remain.

09.08 / 10:15

Adoption coinbase New York State 19% of New Yorkers own cryptocurrency: Coinbase report

A Coinbase report series highlighting crypto innovation at the state level in the United States has recently published its fourth edition, which features New York. The report highlighted various milestones the state reached regarding crypto adoption.

09.08 / 01:03

business Stablecoin Adoption regulation Banks Federal Reserve US Fed steps up oversight of banks' involvement with crypto firms

The United States Federal Reserve is broadening the scope of its supervision program which oversees U.S. banks that engage with the cryptocurrency and blockchain industry.

08.08 / 17:11

Blockchain Ethereum Stablecoin Adoption defi Polygon avalanche USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 video games, e-commerce services and other blockchain applications to create customized wallets specifically for their users. It will be available initially on Ethereum, Avalanche and Polygon.

08.08 / 14:49

Stablecoin Adoption regulation guidelines Obligatory license for stablecoins? What do the latest FSB guidelines mean

Normally, the numerous reports published by the Financial Stability Board (FSB) don’t contain particularly bold suggestions.

08.08 / 13:45

Blockchain Stablecoin CBDC Adoption Payments Japanese startup to use stablecoins and CBDC to link Asian countries

Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries.

08.08 / 13:23

Adoption data Bitcoin Bitcoin phone home: Use crypto to buy sim cards in 140 countries with Bitrefill

A partnership between crypto e-commerce platform Bitrefill and eSIM Go enables crypto users to buy eSIMs in 140 countries worldwide.

08.08 / 09:51

CBDC Adoption regulation Brazilian CBDC gets official name and logo

Brazilian central bank digital currency (CBDC), previously commonly referred to as “digital real”, gets its official brand name. It would be called Drex.

08.08 / 05:27

Blockchain Adoption Altcoin PayPal memecoin PayPal stablecoin launch sparks wave of fake PYUSD tokens

Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash in on the hype with their own copycat tokens.

08.08 / 05:07

Stablecoin Adoption Tether Circle Usd Coin Circle CEO: 70% of USDC adoption comes from outside the US

Circle CEO Jeremy Allaire estimates as much as 70% of USD Coin (USDC) adoption comes from countries outside of the United States.

07.08 / 13:51

Adoption Asia Central Bank Support Singapore commits $112M to support fintech solutions like Web3

The Monetary Authority of Singapore (MAS), the country’s central bank, has announced that it is committing up to 150 million Singapore dollars (around $112 million), to support various financial technology solutions like Web3.

07.08 / 13:07

Blockchain Ethereum Adoption defi Asset management Decentralized asset management system launches for Arbitrum, Optimism

Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these traders as custodians.

07.08 / 11:33

Blockchain Adoption students Universities Future Universities are 'critical players' for the future of Web3 — Lbank Labs CEO

Universities have a “critical” role to play in terms of nurturing the next generation of Web3 talent, and the academe must understand it to guide students toward the right vision, according to Czhang Lin, the CEO of Web3 venture fund LBank Labs.

07.08 / 11:23

Technology Adoption Tech ChatGPT 11 ChatGPT prompts for maximum productivity

In today’s fast-paced world, productivity is key to success in various industries. Thankfully, advancements in artificial intelligence (AI) have led to the development of powerful language models like ChatGPT. This AI assistant can help professionals streamline their tasks, gain insights and boost overall productivity. This article will explore 11 ChatGPT prompts tailored to specific professions, enabling maximum productivity in various roles.

07.08 / 11:03

Adoption Donations crypto donations Singapore Red Cross starts accepting crypto donations

Humanitarian aid and community services charity, Singapore Red Cross, included cryptocurrency as a newly-accepted form of donation. The organization will accept Bitcoin, Ether, Tether and USD Coin donations.

07.08 / 11:03

Blockchain Adoption KYC Verification Crypto identity contradiction: Blockchain anonymity meets KYC regulations

People value the anonymity of a decentralized blockchain. Each user has a pseudonym in the form of a wallet address, which is stored in a decentralized ledger for every cryptocurrency transaction.

07.08 / 10:37

Adoption Investing education Advertising Entertainment Bitget BitGet Crypto Exchange Secures Comedian Adam Devine as Brand Ambassador – Crypto Partnerships Making a Comeback?

Crypto exchange Bitget announced a one-year partnership with American actor and comedian Adam Devine.

04.08 / 22:15

Government CBDC Adoption Elections NOT CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale

The next president of the United States is likely to be in favor of central bank digital currency (CBDC), crypto asset manager Grayscale observed in a post on its website, as the current frontrunners in both political parties have expressed their support for it. Neither seems to like Bitcoin.

04.08 / 21:17

Adoption Europe European Union retail Digital Asset Euro Crypto asset investment in Latvia declines by 50% over past year, per central bank

The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report."

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