Adoption Financial News

22.01 / 10:27

Adoption regulation Africa bills remittances Framework Central African Republic eyes legal framework for crypto adoption

Central African Republic (CAR), a developing country in Central Africa, set up a 15-member committee responsible for drafting a bill on the use of cryptocurrencies and tokenization in the region.

21.01 / 20:43

Adoption play UAE Minister Says Crypto Will Play a "Major Role for UAE Trade Going Forward"

The United Arab Emirates plans to use crypto for trade in the future and also set up a working regulatory framework, according to the country's minister of state for foreign trade.

21.01 / 17:11

Technology Adoption regulation Europe Central Bank Cash Going cashless: Norway's digital currency project raises privacy questions

The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at the regional level.

21.01 / 11:05

Adoption CFTC regulation Funding Venture Capital FTX FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner

Amid ongoing investigations around the defunct crypto exchange FTX, the Commodity Futures Trading Commission (CFTC) questions the due diligence conducted by institutional investors and their accountability regarding the loss of users’ funds.

20.01 / 19:21

Blockchain Adoption Crime security Legal DApp Fried Sam Today in Crypto: Car Crashed Into Sam Bankman-Fried's House Barricade, Ransomware Payments Fell 40% in 2022, Crypto Became the Second Most Widely Owned Asset Class for Women

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

20.01 / 18:55

Blockchain Ethereum Adoption NFT defi Blockchain Game NFT Steez Future NFT Steez and Cryptoys CEO discuss the future of toys and entertainment within Web3

This week NFT Steez met with Cryptoys founder Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens (NFTs) and Web3 as a whole.

20.01 / 17:05

business Blockchain Technology Adoption education Web3 Smart Contracts 10 ways blockchain developers can use ChatGPT

Blockchain technology has revolutionized the way we think about data storage and transactions, but it can also be a complex field for developers to navigate. One tool that can help simplify the process is ChatGPT, a large language model created by OpenAI.

20.01 / 15:25

Hollywood Blockchain Art Adoption movie Sundance Film Festival embraces blockchain and crypto film initiatives

Web3 technologies continue to infiltrate various mainstream industries to bring innovation to old systems. This includes legacy creative fields such as the music industry and more recently, the film industry.

20.01 / 12:13

Adoption NFT defi DApp Dapps NFT sales topped 101 million in 2022: DappRadar report

Over the last year, nonfungible tokens (NFTs) continued to play an important role in the growing Web3 industry. NFTs initiated a shift away from hype-based drops, to utility-centric projects with long-term value.

20.01 / 10:59

Blockchain Adoption Investments Trading Survey eToro Crypto becomes second most widely-owned asset class for women: eToro survey

While traditional asset classes fail to foster broader adoption among women, crypto seems to have found success in bringing women on board, according to a recent survey.

20.01 / 06:31

business Blockchain Adoption Venture Capital Crypto could solve venture capital's due diligence problem — VC exec

Venture capitalists battling with the difficulties of proper crypto firm due diligence should be looking at getting back to the basics — to "trust the chain," a crypto-focused venture fund executive argues.

20.01 / 05:23

CBDC Adoption Digital Currency Smart Contracts Peoples Bank of China Yuan China’s digital yuan gets smart contract functionality alongside new use cases

China’s Central Bank Digital Currency (CBDC) — the digital yuan, or eCNY — has received upgrades giving it smart contract functionality alongside a series of newly unveiled use cases.

20.01 / 01:45

Blockchain Adoption Digital Interface Decentralization TradFi BIS proposes research model to study DeFi’s integration with TradFi and its risks

The Bank for International Settlements looked under the hood of decentralized finance (DeFi) in a new working paper and introduced the DeFi stack reference (DSR) model to illustrate the technology’s functionality and risks. The report discussed the integration of DeFi with traditional finance and suggested ways to assess its risks during that integration.

20.01 / 01:45

Ethereum Stablecoin Adoption defi Financial Services Decentralized forex will reduce cost by as much as 80%: Report

If the foreign exchange market starts using DeFi protocols instead of the current centralized systems, the cost of remittances could be reduced by “as much as 80%,” according to a Jan. 19 paper jointly published by researchers at Circle and Uniswap.

19.01 / 16:19

Blockchain Adoption Gaming Expect better blockchain games in 2023, says Animoca Brands CEO

The celebrated union between blockchain and gaming has encountered several hurdles that have left many wondering if the new sector of crypto and gaming will ever live up to its potential.

19.01 / 15:27

business Adoption World Economic Forum Davos Metaverse to bring 'true productivity' to industrial environments: Davos 2023

The metaverse continues to be a central talking point among leaders and decision-makers in global industries. For many, the vision of the future of the metaverse is not limited to a gamified version of reality.

19.01 / 11:57

Government Adoption World Economic Forum Davos NOT Metaverse not the endgame, but 'ongoing digital transformation': Davos 2023

The metaverse has been a buzzword inside and out of the Web3 world over the last year. Moreover, development in the metaverse is something that has remained strong relative to the overall turmoil of the decentralized space.

19.01 / 08:39

business Blockchain Stablecoin Adoption Carbon Trading Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances

National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin on the Ethereum network.

19.01 / 06:25

Ethereum Adoption Polygon layer2 Soaring growth of Ethereum layer-2 networks set to continue in 2023

Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months a trend that is set to continue in 2023.

19.01 / 04:25

business Blockchain Adoption MetaMask ConsenSys slashes headcount 11% as chief economist reveals formula for adoption

ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market conditions” brought on by recent collapses.

19.01 / 02:09

CBDC Adoption Digital Action Digital Dollar Project urges US to take action on CBDC development

The Digital Dollar Project (DDP) released a new version of its white paper "Exploring a U.S. CBDC" on Jan. 18. The project expanded the paper in order to examine central bank digital currency projects internationally, though its focus is still on the United States.

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