Adoption Financial News

30.01 / 21:35

Stablecoin CBDC Adoption Central Bank ECB Montenegro's central bank teams up with Ripple on digital currency pilot project

Montenegrin Prime Minister Dritan Abazović has announced on Twitter that his country is pursuing a digital currency in conjunction with Ripple. Abazović met with Ripple CEO Brad Garlinghouse and vice president James Wallis at Davos.

30.01 / 17:35

business Adoption Web3 credit cards Stripe Credit cards can bridge Web2 to Web3, says music industry exec

Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has become, many are still skeptical as to how it can and will be a part of their lives.

30.01 / 14:10

Art Adoption Latin America Bitcoin Payments Bitcoin Time Bitcoin adoption of Guatemalan merchants grows one BTC tattoo at a time

Bitcoin (BTC) use in Guatemala is on the up. The Latin American country that borders El Salvador boasts Guatemalan-grown Bitcoin companies such as Ibex and Osmo, several Bitcoin Beach-inspired projects including Bitcoin Lake, and now, free BTC tattoos.

30.01 / 09:35

business Blockchain Art Adoption NFT Bitcoin Community Bitcoin debate place Ordinals protocol sparks debate over NFT's place in the Bitcoin ecosystem

The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem.

30.01 / 09:05

Adoption Africa Central Bank Bitcoin Premium Withdrawals Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals

The price of Bitcoin (BTC) in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into digitalized cash.

30.01 / 00:59

Adoption regulation legislation Panama's Supreme Court to rule on cryptocurrency legislation

Panama's crypto bill saga has reached a new chapter, with the country's Supreme Court deciding the future of the local crypto industry.

29.01 / 16:13

Adoption New York State Takes a Step Toward Cryptocurrency Adoption with New Bill

The state of New York has announced a new bill that would allow agencies to accept cryptocurrency as a form of payment for fines, civil penalties, taxes, fees, and other payments charged by the state.

29.01 / 11:07

Adoption regulation Court Money laundering tracking South Korea to deploy cryptocurrency tracking system in 2023

The Ministry of Justice in South Korea announced plans to introduce a crypto tracking system to counter money laundering initiatives and recover funds linked to criminal activities.

28.01 / 17:07

Government Law Adoption regulation Trading Celsius fall NOT Genesis Capital’s fall might transform crypto lending — not bury it

Is crypto lending dead, or does it just need better execution? That’s a question asked with more urgency in the wake of Genesis Global Capital Jan. 19 bankruptcy filing. That, in turn, followed the demise of other prominent crypto lenders, including Celsius Network and Voyager Digital in July 2022, and BlockFi, which filed for Chapter 11 bankruptcy protection in late November 2022.

28.01 / 14:05

Adoption regulation IRS Taxes IRS reminds taxpayers of crypto income reporting ahead of 2022 filing

With the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service (IRS) — an enforcement agency of United States federal tax laws — released a list of reporting requirements for the general public dealing with cryptocurrencies.

28.01 / 10:43

business Adoption Binance CZ predicts ‘existential implications’ for anti-crypto traditional finance

As traditional institutions proactively reduce exposure to cryptocurrencies as a reaction to ecosystem collapses in 2022, Binance CEO Changpeng ‘CZ’ Zhao believes this move could potentially have a negative impact on such traditional financial players.

27.01 / 17:09

Blockchain Adoption Web3 Metaverse World Economic Forum Davos Here's how the World Economic Forum leaps into the metaverse —Davos 2023

Web3 and the metaverse were handed a seat at the table of the World Economic Forum in 2023 as the ecosystem continues to drive innovation across industries.

27.01 / 16:09

Blockchain Ethereum Adoption defi Creating self-sovereignty in the creator economy and Web3 — Is there room for both?

On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3.

27.01 / 10:05

Adoption Trading economy Bitcoin Bitcoin Price Matrixport US institutions account for 85% of Bitcoin buying in 'very positive sign' — Matrixport

Institutional investors are “not giving up on crypto,” with recent data pointing to as much as 85% of Bitcoin buying being the result of American institutional players, according to Matrixport’s chief strategist.

27.01 / 09:07

business Blockchain Adoption Investments SEC us government Wall Street US securities regulator probes Wall Street over crypto custody: Report

The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisors that may be offering digital asset custody to its clients without the proper qualifications.

27.01 / 04:11

Adoption Payments Food Congress Senate US Senator Ted Cruz pushes for crypto in Congress... using snacks

Texan Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food.

27.01 / 02:59

Law Adoption NFT regulation Metaverse Digital Asset patents Keep an eye out for major company NFT trademark filings this year

Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans.

26.01 / 19:17

Adoption regulation World Economic Forum Davos Bitcoin Bitcoin dialogue at WEF requires ‘open-mind’ — Davos 2023

The World Economic Forum (WEF) convenes in Davos annually, taking over the Swiss skiing town. The main promenade is flush with events and companies renting out properties, with an increasing presence from companies in the cryptocurrency and blockchain space.

26.01 / 19:17

Blockchain Adoption Ripple regulation World Economic Forum Mainstream Davos Inside the World Economic Forum: Circle, Ripple reflect on Davos 2023

Key figures from the wider cryptocurrency space painted a picture of increased dialogue and collaboration at the World Economic Forum Annual Meeting in Davos.

26.01 / 16:41

business Adoption Tether community United Nations Tether moves to combat child abuse content marketplaces

Tether aims to increase visibility and mitigate controls of cryptocurrency payments used in child abuse content marketplaces through a collaboration with INHOPE.

26.01 / 14:09

business Stablecoin Adoption Tether Cryptocompare Terra Usd Usd Coin ATH Algorithmic stablecoin market share dropped by 10x from ATH: Report

The notorious failure of the Terra USD (UST) affected the crypto market in general, but it’s the algorithmic stablecoins alike that took the harshest punch. Since its peak in April 2022, the market share of algorithmic stablecoins shrank almost tenfold.

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