Adoption Financial News

05.03 / 14:11

Adoption regulation Fiat Money P2P Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges

Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on crypto exchanges. While the move immediately impacted how investors move funds to and from exchanges, Binance reminded users about how peer-to-peer (P2P) services come in handy when trading cryptocurrencies.

05.03 / 09:09

Adoption Ripple XRP regulation SEC Bloomberg The crypto industry has 'already started' moving outside of the US, says Ripple CEO

The United States Securities and Exchange Commission (SEC) regulation through “enforcement,” as opposed to “doing the work,” is not a “healthy way” to regulate an industry, and may result in the U.S being a less attractive place for crypto innovation, suggests Ripple’s CEO.

04.03 / 17:25

markets business Blockchain Technology Adoption Investments Bitcoin Time What is the time value of money (TVM)?

The time value of money (TVM) is the concept that money available today is worth more than the same amount of money in the future. While inflation gradually weakens the purchasing power of money, its worth can rise over time by being invested or earning interest.

04.03 / 14:19

Adoption Square Lightning Network lightning Launch Bitcoin network bitcoin lightning Jack Dorsey’s TBD launches ‘C=’ to improve Bitcoin Lightning Network

TBD, a division of Block (formerly Square) led by CEO Jack Dorsey, launched a new venture named c= (pronounced c equals) to improve the Bitcoin Lightning Network through tools and services.

04.03 / 11:37

CBDC Adoption regulation Central Bank Reserve Bank of India Executive India explores offline functionality of CBDCs — RBI executive director

India’s recently launched in-house central bank digital currency (CBDC) — the digital rupee — is now being tested for offline functionality, revealed Ajay Kumar Choudhary, executive director of the Reserve Bank of India (RBI).

04.03 / 01:45

business Blockchain Adoption Binance Scams exchanges phishing Binance launches anti-scam campaign after Hong Kong pilot run

Binance, in cooperation with law enforcement agencies, is launching a campaign to prevent scams by issuing targeted alerts to potential victims, according to a March 3 blog post from the company. The project, called the “Joint Anti-Scam Campaign,” was rolled out first in Hong Kong, and the company now intends to expand it into other jurisdictions.

04.03 / 00:19

Adoption defi Hackers hacks Fraud DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

03.03 / 17:57

Stablecoin Adoption Europe Tether coinbase European Union Euro Backed Regulation and risk: Factors driving demand for a euro-backed stablecoin

Stablecoins are a type of cryptocurrency offering investors price stability. The most popular stablecoins are those backed by the United States dollar — the world’s leading reserve currency. Others are less popular and not widely used, so many may not have heard of alternatives if they haven’t searched for them.

03.03 / 17:57

business Government Adoption Investments movie Wall Street Top 7 Wall Street movies you must watch

Wall Street movies offer insightful perspectives into the worlds of business, finance and power. They also emphasize how vital creativity, risk-taking and tenacity are to success. Viewers can learn more about the financial sector and its effects on society by watching these films. They can also serve as a source of encouragement and inspiration for people wishing to pursue a profession in business or finance.

03.03 / 16:01

Adoption Web3 virtual reality Metaverse Court testing The metaverse is testing the limits of what is legally possible

It’s no secret that over the last few years, many physical events have now digital iterations or have even been completely digitized into virtual reality.

03.03 / 13:23

Law Adoption regulation DAO Lawyer services UAE free zone to explore Bitcoin payments for services, lawyer says

Ras Al Khaimah’s recently announced free zone for virtual asset firms will explore accepting crypto payments from companies looking into setting up their businesses in the emirate, a lawyer involved in the hub’s development said.

03.03 / 13:23

Adoption Ripple Payments Bitcoin Power Ripple survey: 97% of payment firms believe in the power of crypto

The global payments industry is bullish on the potential of cryptocurrencies and blockchain to enable faster and cheaper transactions, according to a new survey co-hosted by Ripple.

03.03 / 00:19

Blockchain Adoption Banks Chinese yuan Russian bank issues first on-chain bank guarantee in Chinese yuan

Moscow Credit Bank has issued a blockchain-based bank guarantee denominated in Chinese currency, claiming the product is the first in the country. The bank guarantee exceeds 100 million Chinese yuan — or nearly $144,600 USD at time of publication.

02.03 / 23:53

CBDC Adoption Federal Reserve National US Treasury-led CBDC Working Group looking at technical issues, national interest

The United States Treasury Department is continuing to consider design decisions relating to the introduction of a central bank digital currency. Under Secretary for Domestic Finance Nellie Liang gave an audience at the Atlantic Council a rundown on March 1 of technical and policy issues the Treasury-led CBDC Working Group is looking at.

02.03 / 23:25

business Blockchain Adoption Dapps Ecosystem NEAR protocol releases blockchain operating system for Web3

The decentralized application (DApp) NEAR protocol is releasing a new blockchain operating system, focusing on improving user experience on Web3 through a common layer for browsing and discovering open web resources, the company disclosed at the Web3 and innovation festival ETHDenver 2023.

02.03 / 22:53

Blockchain Adoption defi Altcoin Celo Celo president Rene Reinsberg explains why the protocol is optimizing for mobile

On Episode 10 of Cointelegraph’s Hashing It Out podcast, Celo president Rene Reinsberg joins Elisha Owusu Akyaw (GhCryptoGuy) to discuss the regenerative finance (ReFi) movement, which focuses on the building blocks of decentralized finance (DeFi) and the principles of regenerative economics. Reinsberg also explains how Celo intends to stay relevant in the multichain world of layer-1 blockchains and layer-2 networks.

02.03 / 18:47

Adoption Chiliz Web3 Projects Fan Token Platform Chiliz Launches $50M Incubator to Fund Early-Stage Web3 Projects – Is the Bear Market Over?

Blockchain-based fan token platform Chiliz has launched a $50 million incubator and accelerator program to fund early-stage projects in the sports and entertainment industries that use the Chiliz blockchain.

02.03 / 17:28

Technology Adoption defi Gaming Dapps Mobile Games GameFi analytics help blockchain gamers sift through crypto games

From the massive fall of Bitcoin’s (BTC) price to the collapse of crypto exchange FTX, 2022 was full of upheaval for the blockchain industry. But the blockchain community has always been resilient, finding new ways to develop in the most challenging times.

02.03 / 17:27

business Blockchain Technology Adoption Investments Bitcoin Financial How to set and achieve your financial goals

Before setting a financial goal, it’s important to have a clear understanding of your current financial situation, including income, debt, expenses and assets. Once you have a clear understanding of your current financial situation, you can start setting financial goals that align with your values and priorities.

02.03 / 16:41

Blockchain Adoption Polygon education hackathon Polygon and Mercy Corps bring blockchain to underserved communities

Blockchain technology continues to make its way into mainstream view, as many companies adopt the technology as a part of their operations. In the push for adoption of this technology comes the simultaneous need for more education on the technology.

02.03 / 15:33

Adoption NFT Web3 Non-fungible tokens Investment Future New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The Future of NFTs?

The typically complicated process of onboarding new users to Web3 may have just become a bit easier: US-based startup ReDeem claims to have simplified this process by allowing users to interact with non-fungible tokens (NFTs) via their phone numbers.

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