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Nigeria Releases New Rules Classifying Crypto as Securities

Nigeria Releases New Rules Classifying Crypto as Securities

In a move that might boost crypto trading in Nigeria, the nation’s Securities and Exchange Commission (SEC) has rolled out “rules on issuance, offering platforms, and custody of digital assets” for virtual firms.

Africa Crypto Adoption Sparks Regulation Concerns

Africa Crypto Adoption Sparks Regulation Concerns

The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.

New Zealand Permits Cryptocurrency Remunerations

New Zealand Permits Cryptocurrency Remunerations

New Zealand sets the precedent by being one of the first nations to permit salaries to be made in the form of cryptocurrencies.

Fidelity Investments Experiments With Crypto Salary Payments

Fidelity Investments Experiments With Crypto Salary Payments

Fidelity Investments experiments with paying employees in cryptocurrency

Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says

Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says

The Bitcoin Lightning Network attracts fees close to zero, so it becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley.

Blockchain Technology Implemented into Indonesia's Digital Economy

Blockchain Technology Implemented into Indonesia's Digital Economy

Bank Central Asia (BCA) is campaigning for Indonesian financial businesses to innovate and adopt blockchain technology to support its digital economy amidst rapid technological revolution.

American Football Star Russell Okung Shows Massive Support for Visa-Backed Bitcoin Rewards Card

American Football Star Russell Okung Shows Massive Support for Visa-Backed Bitcoin Rewards Card

Russel Okung, a National Football League (NFL) star, has shown his support for Fold’s Bitcoin cash-back rewards card as it will take Bitcoin adoption to unprecedented heights. Speaking to Forbes, Okung revealed that he has invested in the Fold Visa card project as it is a game-changer by presenting people with a unique way of being part of the Bitcoin economy.

76% of Financial Institutions Eyeing Crypto Adoption in Next 3 Years, Ripple Report Shows

76% of Financial Institutions Eyeing Crypto Adoption in Next 3 Years, Ripple Report Shows

A study shows that 76% of financial institutions expect to use crypto in the next 3 years. In addition, over 75% of consumers said they would prefer to buy cryptos for their sustainability.

Blockchain.com Accepts Visa Debit Cards for Crypto Payment

Blockchain.com Accepts Visa Debit Cards for Crypto Payment

Blockchain.com has launched Visa debit cards to enable users to spend from their crypto balances free of charge, with the opportunity to gain cryptocurrency rewards.

Blockchain Got Down to Business in 2019

Blockchain Got Down to Business in 2019

Executives who took part in Deloitte’s survey are confident about the new and evolving use-cases of blockchain. In comparison to Deloitte’s 2018 survey, respondents report that overall corporate blockchain investment is expanding across most sectors and practical applications are gaining traction.

Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption

Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption

Gemini, a leading American crypto exchange, has struck a deal with tech giant Samsung Electronics to bring crypto closer to Samsung Blockchain Wallet users in Canada and the United States. This integration will make users connected to the Gemini mobile app where they can buy, sell and trade cryptocurrencies.

LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads

LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads

LocalBitcoins, the world’s leading P2P Bitcoin marketplace, is scaling the heights because its mobile app available on iOS and Android surpassed 200,000 downloads, with 5 more languages incorporated.

Bitcoin Begins to Attain Better Mass Adoption Status as Watford Accepts It in Sales of Merchandise

Bitcoin Begins to Attain Better Mass Adoption Status as Watford Accepts It in Sales of Merchandise

Bitcoin can be seen to continually reach the state of mass adoption as its recognition begins to enter the world football.

1 in 9 Indonesians hold Cryptocurrency, Hootsuite Report

1 in 9 Indonesians hold Cryptocurrency, Hootsuite Report

According to a report shared by Hootsuite citing GlobalWebIndex, 11% of all Indonesians own some kind of cryptocurrency. The total population of Indonesia is just over 270 Million people which makes it the fourth most populous country on the planet.

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.

Shopify Becomes Member of the Libra Association

Shopify Becomes Member of the Libra Association

Canadian-based e-commerce giant Shopify has announced it will become the latest member of the Libra Association's governing council.

Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto

Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto

CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate, to facilitate real estate purchases using cryptocurrencies.

Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps

Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps

Enhancing China's initiative to adopt blockchain countrywide, internet giant Baidu will be launching a new blockchain-based service, through Xuperchain, for SME's and developers to use in the creation of decentralized applications.

Ziglu Mobile Banking App Makes Cryptocurrency Easy for Everyone

Ziglu Mobile Banking App Makes Cryptocurrency Easy for Everyone

Ziglu, the first UK regulated cryptocurrency bank, has launched its platform app after successfully completing its testing phase.

Professional Investors Believe Crypto Will Become Mainstream, Study Says

Professional Investors Believe Crypto Will Become Mainstream, Study Says

A recent survey by London-based crypto hedge fund Nickel Digital Asset Management found that professional investors believe that digital assets will become mainstream in the future.

Premier League Champion Manchester City Tokenizes its Players via Superbloke

Premier League Champion Manchester City Tokenizes its Players via Superbloke

It has been reported that the Premier League championship, Manchester city had signed South Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan and South-East Asia. Gacha games involve virtual currency.

Credit Giant MasterCard Grants Wirex First Principal Membership License

Credit Giant MasterCard Grants Wirex First Principal Membership License

Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.

Purse.io Closes its Door After Six Years of Operations

Purse.io Closes its Door After Six Years of Operations

Purse.io the company which was at the forefront of increasing adoption of bitcoin at retail payment outlets such as Amazon, would be closing its door after 6 years of operations, marking the end to an era.

22 Bitcoin ATMs Established Globally Per Day in March, Study Shows

22 Bitcoin ATMs Established Globally Per Day in March, Study Shows

The number of Bitcoin ATMs continues to rise, it is estimated that 22 machines were installed per day last month all around the world, a study shows.

SEC to Keep Close Watch on Crypto Brokers and Advisers

SEC to Keep Close Watch on Crypto Brokers and Advisers

The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."

StarkWare partners with Chainlink

StarkWare partners with Chainlink

StarkWare integrates Chainlink oracle services and data feeds into its blockchain scaling platform.

G20 Discusses Crypto Regulations Under India Presidency

G20 Discusses Crypto Regulations Under India Presidency

G20 members reviewed technological advancements and dangers during the FMCBG conference on Feb. 24–25.

Public feedback on the SFC's proposed cryptocurrency exchange licensing regime

Public feedback on the SFC's proposed cryptocurrency exchange licensing regime

Hong Kong's Securities and Futures Commission seeks public input on bitcoin exchange registration.

Astar & Startale: Illuminating the Path to Web3 Mass Adoption

Astar & Startale: Illuminating the Path to Web3 Mass Adoption

Astar and Startale lead the web3 mass adoption through strategic enterprise partnerships.

Binance Launches Crypto-Themed Word of the Day Game with Rewards

Binance Launches Crypto-Themed Word of the Day Game with Rewards

Binance introduces a new Word of the Day game focusing on Crypto Adoption, offering users a chance to win Binance Points and trading fee rebates.

USDT Adoption Surges: Over 330 Million On-Chain Wallets Reported

USDT Adoption Surges: Over 330 Million On-Chain Wallets Reported

The adoption of Tether's USDT has reached over 330 million on-chain wallets by Q3 2024, showcasing its global impact as a digital asset, according to Tether.io.

Stablecoins Lead the Charge in Western Europe's Crypto Adoption for 2024

Stablecoins Lead the Charge in Western Europe's Crypto Adoption for 2024

Western Europe sees a surge in stablecoin adoption, accounting for nearly half of all crypto inflows. The UK drives growth in merchant services, highlighting the region's evolving crypto landscape.

DeFi Surge Fuels Eastern Europe's Crypto Adoption in 2024

DeFi Surge Fuels Eastern Europe's Crypto Adoption in 2024

Eastern Europe sees significant DeFi growth, with Ukraine and Russia leading in adoption despite geopolitical challenges, according to Chainalysis.

ARK Invest CEO: Crypto Assets Will See Huge Turn

ARK Invest CEO: Crypto Assets Will See Huge Turn

ARK Invest CEO Cathie Wood predicts 2% inflation. Due to diminishing money supply, Wood expects inflation to go below this level and potentially into negative territory. The business recently sold its Grayscale Bitcoin Trust (GBTC) shares and bought 320,000 Coinbase shares for $17.6 million.

The Bank for International Settlements Introduces the DeFi Stack Reference

The Bank for International Settlements Introduces the DeFi Stack Reference

A BIS working paper examined decentralised finance (DeFi). The article detailed DeFi protocol architecture, primitives, and functions. It advised risk assessment during integration with conventional finance.

U.K. Central Bank and Treasury Believe Digital Pound is Needed

U.K. Central Bank and Treasury Believe Digital Pound is Needed

The Bank of England predicts a UK CBDC by 2030.

Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts

Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts

Many firms in the field have donated funding, on-the-ground help, and even future NFT charity efforts.

Nigeria's Foreign Investment and Crypto Adoption Dilemma

Nigeria's Foreign Investment and Crypto Adoption Dilemma

Foreign direct investment (FDI) in Nigeria fell by 33% in 2021 due to a shortage of dollars, which has also discouraged foreign crypto investment. Despite the exponential growth of crypto adoption in Nigeria, with active adult traders and high usage rates, the country has a problem attracting foreign investors.

Bosch and Fetch.ai to Create Foundation to Fund Development of Web3

Bosch and Fetch.ai to Create Foundation to Fund Development of Web3

Bosch establishes Fetch.ai Foundation and commits $100 million in funding to create Web3, AI, and IoT products.

Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024

Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024

Cboe Digital, the first US-regulated crypto native exchange, will launch Bitcoin and Ether futures trading, enhancing capital efficiency and market liquidity.

CFTC Commissioner Questions VCs' Due Diligence

CFTC Commissioner Questions VCs' Due Diligence

Investor due diligence in the failing crypto-exchange FTX has sparked concerns from the Commodity Futures Trading Commission (CFTCP). VCs had to write down their multimillion-dollar investments to practically nothing, raising "serious doubts" about their responsibility.

Tether and INHOPE Join Forces to Fight Child Abuse Material Online

Tether and INHOPE Join Forces to Fight Child Abuse Material Online

The cooperation intends to combat the unlawful use of cryptocurrency to finance child abuse content on the dark web and in personless online marketplaces like INHOPE.

Wyoming lawmakers pass bill prohibiting courts from forcing disclosure of digital asset

Wyoming lawmakers pass bill prohibiting courts from forcing disclosure of digital asset

Wyoming, a crypto-friendly state, enacted a measure banning private key disclosure. If Governor Mark Gordon approves, it will take effect July 1.

Algorand Foundation Expands its Presence in India

Algorand Foundation Expands its Presence in India

Algorand worked with Hyderabad-based innovation hub T-Hub to assist companies access global financing.

Honduras Establishes Bitcoin Valley in Santa Lucia to Boost Crypto Opportunities

Honduras Establishes Bitcoin Valley in Santa Lucia to Boost Crypto Opportunities

Honduras has entered the cryptocurrency trend after launching “Bitcoin Valley” in Santa Lucia meant to spur more opportunities in the digital asset space.

Changshu Civil Servants to Receive Digital Yuan as Payment

Changshu Civil Servants to Receive Digital Yuan as Payment

Changshu, a city in China, announced that civil servants, including public service personnel and state-owned unit personnel, will receive their full salaries in digital RMB starting May 2023. The move is part of China's pilot program to establish an efficient and convenient digital RMB operation and management system by 2025.

Father of two facing the dire prospect of losing his family forever

Father of two facing the dire prospect of losing his family forever

A two-year bitcoin trading addiction cost a Redditor $180,000 and maybe his wife and family.

The UK is a step closer to launching a central bank digital currency

The UK is a step closer to launching a central bank digital currency

The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist.

Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030

Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030

VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.

StarkWare to Open Source Proprietary Prover

StarkWare to Open Source Proprietary Prover

Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies will enter the crypto space in the United Arab Emirates (UAE) by the end of the year based on a fast-paced ecosystem.

Romania's ICI Bucharest Launches NFT Trading Platform for Web3 Adoption

Romania's ICI Bucharest Launches NFT Trading Platform for Web3 Adoption

ICI Bucharest has announced the launch of its in-house NFT trading platform, ICI D|Services, on April 26. The platform aims to facilitate the adoption of Web3 in Romania and connect private and public sector institutions and users. ICI Bucharest has been exploring blockchain and nonfungible tokens as the space gains traction globally.

Crypto Adoption in Latin America: A Tool Against Economic Woes and Authoritarianism

Crypto Adoption in Latin America: A Tool Against Economic Woes and Authoritarianism

The cryptocurrency landscape in Latin America, particularly in Argentina and Venezuela, is evolving as a mechanism to counter economic and political adversities. While Argentina sees crypto as a bulwark against economic instability, Venezuela is utilizing it as a tool for humanitarian aid and resistance against authoritarianism. The divergent crypto adoption narratives in these nations underscore the asset class's potential to address complex societal challenges.

SAMA is Ramping Up Its Research into Central bank digital currencies

SAMA is Ramping Up Its Research into Central bank digital currencies

SAMA is expanding its central bank digital currency study (CBDCs). Saudi Vision 2030 aims to diversify the economy, decrease oil dependency, and improve public services.

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.

Starkware to Open Source Proprietary Prover

Starkware to Open Source Proprietary Prover

Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.

Binance CEO Emphasizes Importance of Understanding Crypto for Proper Regulation

Binance CEO Emphasizes Importance of Understanding Crypto for Proper Regulation

During a fireside chat at the Hong Kong Web3 Festival, Binance CEO Changpeng Zhao (CZ) discussed the importance of regulators having a deep understanding of the crypto industry to properly regulate it. He emphasized the need for regulatory clarity and engagement with regulators. CZ also suggested that government efforts to restrict traditional financial markets may push more people towards crypto, ultimately leading to mass adoption.

Binance's New Blockchain Platform Aims to Build Web3 Infrastructure

Binance's New Blockchain Platform Aims to Build Web3 Infrastructure

BNB Chain stores storage metadata, while third-party storage providers store data.

Original Snow Crash Manuscript Goes Up for Auction

Original Snow Crash Manuscript Goes Up for Auction

Snow Crash-inspired NFTs will also be auctioned.

Virtuzone Partners with Binance To Drive Crypto Adoption In UAE

Virtuzone Partners with Binance To Drive Crypto Adoption In UAE

Partnership with Binance will enable Virtuzone to use cryptocurrency payment services to facilitate its ambitions. Virtuzone is a major provider of corporation and business formation services in the UAE.

India UPI expanding services to Singapore

India UPI expanding services to Singapore

The eight-bank digital rupee pilot programme has processed 770,000 transactions.

Australia Breaks Into Top 3 Nations for Crypto ATM

Australia Breaks Into Top 3 Nations for Crypto ATM

Australia has 234 crypto ATMs, third worldwide behind the US and Canada. Australia has added 16 ATMs since Jan. 1, while Spain has lost 4 and El Salvador hasn't.

Global Blockchain in Retail Market to Hit $3.27B by 2028

Global Blockchain in Retail Market to Hit $3.27B by 2028

Heightened demand in the worldwide blockchain in the retail market is expected to drive its value past the $3.27 billion mark by 2028, according to market research organization Facts and Factors.

Unknown Sources Target Crypto Investors with Malicious Computer Programs

Unknown Sources Target Crypto Investors with Malicious Computer Programs

Since December 2022, MortalKombat ransomware and Laplas Clipper malware threats have been searching the Internet for unsuspecting cryptocurrency investors.

Indonesia's State-Backed Crypto Exchange: An Analysis

Indonesia's State-Backed Crypto Exchange: An Analysis

Indonesia's state-backed crypto exchange aims to promote transparency, accountability, and investor protection. It is expected to boost crypto adoption.

The DeFi space is on a path of steady recovery as good actors

The DeFi space is on a path of steady recovery as good actors

Yearn.finance, MakerDAO, SushiSwap, and Aave were among 30 protocols engaged.

Vietnam to Propel Blockchain Training for Enhanced Competitiveness

Vietnam to Propel Blockchain Training for Enhanced Competitiveness

To gain an upper hand in the blockchain sector, Vietnam is in high gear to boost human resources in this sector

Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development

Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development

The ICF supports adoption initiatives like Interchain Builders and Interchain NFTs while emphasizing core development.

2022 was a tough year for crypto with a decline in venture

2022 was a tough year for crypto with a decline in venture

Due to tough macro circumstances and industry developments, blockchain and cryptocurrency-related VC investments fell every quarter in 2022.

The launch of a nonfungible token protocol on the Bitcoin mainnet

The launch of a nonfungible token protocol on the Bitcoin mainnet

On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace.

Kraken Introduces Simple, Secure, and Powerful Kraken Wallet

Kraken Introduces Simple, Secure, and Powerful Kraken Wallet

Kraken has launched Kraken Wallet, a self-custodial wallet that offers simplicity, security, and power to users. The wallet allows seamless interaction with popular blockchains, comprehensive portfolio tracking, and WalletConnect integration. With a focus on privacy and backed by Kraken's industry-leading security measures, Kraken Wallet aims to accelerate crypto adoption and empower users in the decentralized world.

Binance Survey: Institutional Investors Bullish on Crypto's Long-Term Prospects

Binance Survey: Institutional Investors Bullish on Crypto's Long-Term Prospects

Binance Research, in collaboration with Binance VIP & Institutional, has recently unveiled the results of their Institutional Crypto Outlook Survey. The study reveals a strong positive sentiment towards cryptocurrencies among institutional investors, with 63.5% expressing optimism for the next year and a striking 88% displaying a positive outlook for the next decade.

Brazil and Argentina explore a common currency

Brazil and Argentina explore a common currency

Coinbase CEO Brian Armstrong promotes Bitcoin for Brazil and Argentina. A alternative currency to the Argentine peso and Brazilian real is being prepared by the two South American nations. BTC might become the second-largest currency bloc after the US dollar.

Kazakhstan Seeks to Improve Cryptocurrency Trading Framework

Kazakhstan Seeks to Improve Cryptocurrency Trading Framework

DATF framework supports "AFSA's Strategy for 2022," which includes crypto framework development as one of three regulatory goals.

The Importance of NFTs in the Web3 industry

The Importance of NFTs in the Web3 industry

NFT token sales increased 67.57% to 101 million last year. DappRadar's Web3 adoption analysis found huge transaction growth in the Solana and ImmutableX ecosystems.

Blockchain Association Rejects Court's Securities Ruling on Private Blockchains

Blockchain Association Rejects Court's Securities Ruling on Private Blockchains

A U.S. lawyer called it "absurd" for a court to declare digital assets on centralized databases securities.

New partnership to enable Bitcoin micropayments for content platforms

New partnership to enable Bitcoin micropayments for content platforms

Crypto has enabled micro-monetization across businesses. Play-to-earn games and music streaming led this crypto integration. ZEBEDEE and Fountain, a value-for-value podcasting platform, partnered.

Deposit Coins May Be the Best Blockchain Option for Commercial Banking

Deposit Coins May Be the Best Blockchain Option for Commercial Banking

JPMorgan Chase and Oliver Wyman produced a deposit token study for blockchain-based commercial banking.

Oobit Secures $25M in Series A Led byTether and CMCC Globa

Oobit Secures $25M in Series A Led byTether and CMCC Globa

Oobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.

Blockchain Gaming is Having a market caps increment

Blockchain Gaming is Having a market caps increment

The research also found that top gaming token market capitalization rose 122% in January.

Grayscale CEO challenges SEC's denial of application

Grayscale CEO challenges SEC's denial of application

If GBTC becomes a spot BTC ETF, Grayscale Investments CEO Michael Sonnenshein stated investors will get a "few of billion dollars" back.

Circle Plans to Increase Workforce by 15-25%

Circle Plans to Increase Workforce by 15-25%

Circle's $42 billion USDC is the second-largest stablecoin behind Tether's USDT.

Japan to Launch Central Bank Digital Currency Pilot in April 2023

Japan to Launch Central Bank Digital Currency Pilot in April 2023

Private enterprises will test "digital yen" and CBDC ecosystem modeling in the trial.

Web3 Builders Reveals Suite of Tools to Combat DeFi exploits

Web3 Builders Reveals Suite of Tools to Combat DeFi exploits

Nicholas Horelik of Web3 Builders stated, “end users ought to have this functionality” to understand asset security.

Decoding Paradigm's Vision: Cryptocurrency as the Next Tech Revolution

Decoding Paradigm's Vision: Cryptocurrency as the Next Tech Revolution

Paradigm's perspective on cryptocurrency emphasizes its potential to be the next big technological revolution. Crypto KOL Splin Teron analyzes this view, highlighting the growing adoption and untapped potential of this emerging asset class.

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.

The Importance of Embedded Finance in Today's Fintech World

The Importance of Embedded Finance in Today's Fintech World

Banking, lending, insurance, payments, and branded credit cards are popular integrated financial products.

Bitcoin Flips Visa Again

Bitcoin Flips Visa Again

Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.

Montenegrin Prime Minister Dritan Abazovic has announced a pilot digital currency project

Montenegrin Prime Minister Dritan Abazovic has announced a pilot digital currency project

After meeting with Ripple at the World Economic Forum, Montenegrin Prime Minister Dritan Abazovic launched a prototype digital currency initiative.

African Crypto Traders Get a Community-Driven Token Created By CYF

African Crypto Traders Get a Community-Driven Token Created By CYF

African development-focused platform CYF, or Community Yield Farming has developed a community-driven token solely for crypto traders in Africa.

Reversing Censorship on Ethereum

Reversing Censorship on Ethereum

Ethereum presently has 47% OFAC-compliant blocks, the lowest since Oct 11.

FTX and Affected Parties Request Subpoenas for Information from close relatives

FTX and Affected Parties Request Subpoenas for Information from close relatives

FTX subpoenas Sam Bankman-Fried and colleagues for bankruptcy proceedings.

National Australia Bank to Launch Ethereum-Based Stablecoin

National Australia Bank to Launch Ethereum-Based Stablecoin

NAB will introduce an Ether-based Australian dollar-pegged stablecoin. Reports say the AUDN stablecoin streamlines cross-border transfers and carbon credit trading.

HKSFC to Hire 4 More Staff to Supervise Crypto

HKSFC to Hire 4 More Staff to Supervise Crypto

The statement states that more operators want to use virtual assets.

Gazprombank suggests banks be given more time to adjust to digital

Gazprombank suggests banks be given more time to adjust to digital

Gazprom, a Russian state-owned company, suggested allowing banks extra time to deploy the "digital ruble."

The Metaverse: The Future of Social Life?

The Metaverse: The Future of Social Life?

In December 2022, CoinWire polled 10,000 crypto investors. 69% of respondents expected the metaverse to change social lifestyle with a new entertainment model, and 65% expected it to affect social activities.

Web2 and Web3 tools are merging as crypto-backed debit cards

Web2 and Web3 tools are merging as crypto-backed debit cards

The Bit2Me card supports eight cryptocurrencies, including BTC, ETH, ADA, and SOL, with more anticipated later this year.

G20 To Establish Standards For Global Crypto Regulatory Framework

G20 To Establish Standards For Global Crypto Regulatory Framework

The Financial Stability Board, IMF, and BIS will propose worldwide crypto regulations.

SEC's Upcoming Decision on Bitcoin ETFs and the Implications

SEC's Upcoming Decision on Bitcoin ETFs and the Implications

The SEC's anticipated decision on Bitcoin ETFs, expected by January 2024, could significantly boost U.S. crypto adoption, balancing financial institutions' interests and legal challenges.

Kazakhstan plans to reduce tax fraud and unlawful business operations

Kazakhstan plans to reduce tax fraud and unlawful business operations

The obligation will gather "information on the revenue of digital miners and digital mining pools for tax purposes" starting Jan. 1, 2024.

Coinbase Layer 2 Network

Coinbase Layer 2 Network

Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."

Pantera Capital: Crypto Market Turns Bullish Amid Regulatory Clarity

Pantera Capital: Crypto Market Turns Bullish Amid Regulatory Clarity

Pantera Capital predicts a bullish trend in the cryptocurrency market, highlighting Bitcoin's potential for DeFi expansion, technological advancements, and regulatory favorableness, following the anticipated Bitcoin halving event.

Bank of Russia to Debut Digital Ruble in April 2023

Bank of Russia to Debut Digital Ruble in April 2023

The Bank of Russia is planning a consumer pilot for the digital ruble and a gold-backed cryptocurrency.

Surge in Generative AI Adoption Across Sectors: Balancing Innovation and Risks

Surge in Generative AI Adoption Across Sectors: Balancing Innovation and Risks

Recent surveys highlight a significant increase in generative AI adoption in public and private sectors, driven by its potential for innovation and productivity. However, concerns over governance, risk management, and economic inequality emphasize the need for responsible and ethical use.

Seychelles Crypto Exchange OKX to Expand Services to Australia

Seychelles Crypto Exchange OKX to Expand Services to Australia

OKX, the Seychelles-based crypto exchange, plans to expand its services to Australia due to the country's strong uptake of cryptocurrency. The exchange sees Australia as an essential part of its growth strategy and intends to build a strong local office.

CBN is continuing to develop its eNaira

CBN is continuing to develop its eNaira

R3, the CBN's possible technology partner, will help design a new system to give the CBN complete authority over the CBDC.

Gemini co-founder: Crypto's next bull run will start in Asia

Gemini co-founder: Crypto's next bull run will start in Asia

Last October, former BitMEX CEO Arthur Hayes and Gemini co-founder Cameron Winklevoss predicted that Asia will lead the next bull run.

Tether's Plan ₿ Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether's Plan ₿ Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.

Dragonfly Capital Invests $10 Million in Bitget

Dragonfly Capital Invests $10 Million in Bitget

Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget to support its global market and service expansion and corporate social responsibility initiatives for crypto education and adoption. Bitget plans to expand its spot trading, launchpad, and Bitget Earn products. Despite the FTX collapse, cryptocurrency derivatives exchanges have recovered, and central exchanges' open interest has risen to approximately $68.5 billion.

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.

Australia's Government is Bolstering Its Market Regulator's Digital Asset

Australia's Government is Bolstering Its Market Regulator's Digital Asset

The new Australian government has devised a "multi-stage strategy" to combat cryptocurrency frauds, safeguard consumers, and increase enforcement.

Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports

Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports

The 2023 Chainalysis Global Crypto Adoption Index shows Central and Southern Asia are leading in global grassroots adoption of cryptocurrencies. The index measures countries' involvement in the crypto space using on-chain data and real-world statistics. India leads the index, with six of the top ten countries from the CSAO region. Lower-middle-income countries, including India, Nigeria, and Ukraine, have seen robust recovery in grassroots crypto adoption.

CBDC Activity Subsidizes Consumption During Lunar New Year

CBDC Activity Subsidizes Consumption During Lunar New Year

After COVID-19 restrictions were eased, Chinese local governments are pushing the usage of the country's digital currency, the digital yuan, to boost e-CNY use and consumption.

Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy

Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy

Bitcoin is too unpredictable to be "effective money," according to legendary investor Ray Dalio.

Russia Gives Tax Incentives to Crypto Miners

Russia Gives Tax Incentives to Crypto Miners

Russia offers tax benefits for crypto mining investors during tough times.

Nigerian Crypto Community Affected by Paxful Shutdown

Nigerian Crypto Community Affected by Paxful Shutdown

The closure of Paxful, a peer-to-peer cryptocurrency marketplace, has left the Nigerian crypto community searching for alternatives. Nigeria, ranked eighth in crypto adoption, was significantly impacted by Paxful's pioneering use of peer-to-peer technology. Members of the community expressed concern over the future of crypto marketplaces and the fate of their funds.

Partnership to Tokenize Artifacts Recovered from the Titanic

Partnership to Tokenize Artifacts Recovered from the Titanic

To support Titanic study, recovery, and preservation, artifacts will be tokenized as NFTs.

Crypto Adoption Among Women on the Rise

Crypto Adoption Among Women on the Rise

A new poll suggests crypto is recruiting women. According to eToro's e-Survey of 10,000+ crypto investors, women's ownership climbed from 29% to 34% in Q4 2022.

Frax Finance has voted to fully collateralizing

Frax Finance has voted to fully collateralizing

Frax Finance decided to completely collateralize the $1 billion capitalization Frax stablecoin.

New clause in South Africa's advertising code for cryptocurrency

New clause in South Africa's advertising code for cryptocurrency

South Africa's Advertising Regulatory Board now covers cryptocurrencies. Ads must "expressly and plainly" warn investors of money loss. They must also provide balanced information on product returns, features, advantages, and dangers.

Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors

Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors

Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.

The Use of Blockchain in the Film Industry

The Use of Blockchain in the Film Industry

Fuzzy Head, which was crowdfunded through Untold.io's nonfungible tokens, will debut at Slamdance Film Festival (NFTs). NFTs helped Russel Crowe's Prizefighter film in 2022.

SEC plans to propose new rule changes that could impact crypto firms

SEC plans to propose new rule changes that could impact crypto firms

The SEC is still deciding on a "qualified custodian."

Chiliz Launches Layer-1 Blockchain to Support Growth

Chiliz Launches Layer-1 Blockchain to Support Growth

EVM-compatible Chiliz Chiliz 2.0 Blockchain as fan tokens rise.

Switzerland City Lugano Signs Agreement With El Salvador To Enhance Bitcoin Adoption in The Regions

Switzerland City Lugano Signs Agreement With El Salvador To Enhance Bitcoin Adoption in The Regions

The two jurisdictions want to strengthen relations to harness the potential of Bitcoin cryptocurrency for the benefit of both regions and neighboring states and countries.

Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto

Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto

Investors steadily recovering from 2022 backed CZ's long-term bet on crypto sceptics.

eNaira Adoption Grows Amid Nigeria's Cash Shortages

eNaira Adoption Grows Amid Nigeria's Cash Shortages

Nigeria's eNaira, a central bank digital currency (CBDC), is being adopted at an increasing rate as the country faces severe cash shortages due to demonetization. The value of eNaira transactions has increased by 63%, and the total number of CBDC wallets has grown more than 12 times compared to October 2022.

China's Central Bank Digital Currency (CBDC)

China's Central Bank Digital Currency (CBDC)

China's Central Bank Digital Currency (CBDC) now supports smart contracts. Soochow Securities' mobile app allows e-CNY purchases. Android phones may now perform contactless digital yuan wallet payments.

Scroll Launches zkEVM Mainnet

Scroll Launches zkEVM Mainnet

Scroll unveils its zkEVM mainnet on October 17, enhancing Ethereum’s scalability and developer engagement. Employing zero knowledge proofs, it boosts transaction speeds and reduces costs, promising a near-identical Ethereum experience, without compromising security or decentralization. The launch follows extensive testing, with notable contributions to Ethereum Foundation’s Privacy and Scaling Explorations. The initiative eyes global developer adoption, advancing Ethereum’s Layer 2 solutions.

Venture Capital Firms Almost Quadruple Previous High by Pumping $30B into the Crypto Industry in 2021

Venture Capital Firms Almost Quadruple Previous High by Pumping $30B into the Crypto Industry in 2021

Venture capital firms kept a keen eye on the crypto industry to the extent of pouring $30 billion in this sector in 2021.

The Importance of Community in Bitcoin's Success

The Importance of Community in Bitcoin's Success

Crypto Twitter user @ Bosch_ uncovered the mark after updating the Bitcoin logo's sizes.

ConsenSys Acquires Hal to Improve Alerts

ConsenSys Acquires Hal to Improve Alerts

Infura co-founder Eleazar Galano said the startup would cover holes in crypto ecosystem app development.

Bridge the gap between traditional finance and DeFi

Bridge the gap between traditional finance and DeFi

User location was shown to affect transaction authorisation, with Europe having the best success rates.

SEC panel votes in favor of proposal that may make it more difficult

SEC panel votes in favor of proposal that may make it more difficult

The US Securities Exchange and Commission has proposed new laws that would make it harder for crypto businesses to supply custody solutions. Opponents think this will hurt.

Solana Spaces to Close Down Stores

Solana Spaces to Close Down Stores

Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis.

Axie Infinity's Ronin Network Expands with New Games

Axie Infinity's Ronin Network Expands with New Games

Sky Mavis has announced that four gaming studios will be launching games on the Ronin Network, expanding its native gaming ecosystem. The move is aimed at creating more community-centric, rewarding, and fun gaming experiences while also attracting more users to the Web3 space.

Nearly Half of Millennials Own Cryptocurrencies

Nearly Half of Millennials Own Cryptocurrencies

A recent survey conducted by Bitget, a cryptocurrency exchange, has found that 46% of millennials in major population countries own cryptocurrencies, compared to 25% of Gen X, 21% of Gen Z and 8% of baby boomers. The survey also revealed that 27% of millennials and 36% of Gen Z consider cryptocurrency regulation an important factor when voting for political candidates.

DBS Bank to Expand Crypto Services to Hong Kong

DBS Bank to Expand Crypto Services to Hong Kong

As Hong Kong strives to become a digital asset center, Singapore state-owned megabank DBS Group plans to extend its crypto platform there.

Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia

Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia

The South American region has been very receptive to Bitcoin and cryptocurrencies in general. Countries such as Venezuela have experienced extreme situations ranging from inflation of their currency to other economic situations which ultimately renders them useless to persons within that geographical location have been left with little or no choice but to seek refuge in cryptocurrencies.

US Congress needs to take control of crypto legislation

US Congress needs to take control of crypto legislation

Blockchain Association CEO Kristin Smith said crypto regulation is occurring "behind closed doors" and asked for a more collaborative and "transparent approach."

Binance Launches In-Store Crypto Payment Solution with Ingenico

Binance Launches In-Store Crypto Payment Solution with Ingenico

In Q2 2023, a crypto-to-fiat solution for fiat payments will pilot for retailers.

Bitcoin's Road to $1.5 Million: Cathie Wood's Bold 2030 Prediction

Bitcoin's Road to $1.5 Million: Cathie Wood's Bold 2030 Prediction

Ark Invest CEO Cathie Wood predicts Bitcoin to reach $600,000 by 2030, with potential for $1.5 million in a bull market scenario.

Music streaming platform Spotify expands its Web3 efforts

Music streaming platform Spotify expands its Web3 efforts

Android users in the US, UK, Germany, Australia, and New Zealand may now access the playlists.

U.K. Treasury Proposes Ambitious Crypto Regulations

U.K. Treasury Proposes Ambitious Crypto Regulations

The UK Treasury labelled algorithmic stablecoins "unbacked crypto assets" rather than banning them.

Mastercard Enables USDC Spending in Asia

Mastercard Enables USDC Spending in Asia

Mastercard has partnered with Stables to allow retail customers in the Asia-Pacific region to spend and save USDC through its network. Meanwhile, worldwide banking turmoil has not slowed the blending of traditional and decentralized finance (DeFi). Global payment provider Mastercard has expanded its partnership with the Australian stablecoin platform, Stables, to enable retail customers in the Asia-Pacific region to spend and save USDC anywhere Mastercard is accepted. The wallet will accept deposits in several stablecoins, including Tether (USDT) and Binance USD (BUSD), with all deposits automatically converted into USDC. This move comes as worldwide banking turmoil and regulatory crackdowns continue to impact the crypto space.

Binance-native blockchain BNB Chain continued to show steady activity growth

Binance-native blockchain BNB Chain continued to show steady activity growth

Despite the bad market, Messari researchers found that BNB Chain fundamentals and on-chain activities improved in Q4 2022.

DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption

DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption

DFINITY Foundation launches the ICP Asia Alliance and a $20 million fund on September 28, 2023, to accelerate Web3 and AI adoption in Asia. The alliance aspires to unite diverse stakeholders, foster innovation, and catalyze the growth of the Internet Computer blockchain across the region, underlined by the establishment of multiple ICP.Hubs and strategic partnerships.

How Cryptocurrencies Can Help You Find Love This Valentine's Day

How Cryptocurrencies Can Help You Find Love This Valentine's Day

A Valentine's Day poll reveals that cryptocurrency may be key in compatible relationships.

Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030

Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030

The blockchain gaming market is predicted to surge from $154.46 billion in 2023 to $614.91 billion by 2030, fueled by trends like DAOs, crypto adoption, AR/VR, cloud gaming, and creative collaborations.

El Salvador is Opening a Bitcoin Embassy in the United States

El Salvador is Opening a Bitcoin Embassy in the United States

El Salvador, the first nation to legalize Bitcoin, is opening a Texas Bitcoin Embassy to promote BTC.

Nodle's Smartphone-Powered Blockchain Network

Nodle's Smartphone-Powered Blockchain Network

Nodle turns cellphones into nodes using Bluetooth to increase IoT adoption.

Ethereum Adoption Continues to Scale Heights

Ethereum Adoption Continues to Scale Heights

More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs.

Perianne Boring: Fostering Blockchain Through Regulatory Uncertainty

Perianne Boring: Fostering Blockchain Through Regulatory Uncertainty

Perianne Boring is the President and Founder of the Chamber of Digital Commerce, the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax, and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.

Perianne Boring: Blockchain Will Be the Foundation of the New Financial System

Perianne Boring: Blockchain Will Be the Foundation of the New Financial System

Perianne Boring is the Founder and President of the Chamber of Digital Commerce—the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.

Benjamin Quinlan: New Chairman of FinTech Association of Hong Kong Shares Vision for FTAHK 2.0 and the Future of Asia's FinTech Ecosystem

Benjamin Quinlan: New Chairman of FinTech Association of Hong Kong Shares Vision for FTAHK 2.0 and the Future of Asia's FinTech Ecosystem

The FinTech Association of Hong Kong has elected Benjamin Quinlan as Chairman to lead it through the next chapter of its mission to foster the FinTech ecosystem in Hong Kong and Asia.

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

The Thai government has remained visible as one of the leading governments committed to adopting blockchain technology. Many innovations concerning blockchain use cases can be learned from the government.

Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO

Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO

Blockchain analytics is believed to help fill the void of curbing money laundering and cybercriminal activities, according to Raj Chowdhury, the CEO of HashCash Consultants.

UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility

UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility

London-based fintech company Mode has announced that it has unveiled its Bitcoin banking app to advance user experience.

Why Mass Crypto Adoption May Only Be a Year Away, According to Animoca Brands Co-Founder

Why Mass Crypto Adoption May Only Be a Year Away, According to Animoca Brands Co-Founder

Crypto enthusiasts predict mainstream adoption of Bitcoin and altcoins within a year to a half, driven by play and the open metaverse, with digital ownership forming the foundation.

Bitcoin Price Holds Firm Around $19,000 Amid Institutional Adoption Surge

Bitcoin Price Holds Firm Around $19,000 Amid Institutional Adoption Surge

Institutional adoption appears to be a crucial driver for holding Bitcoin prices steady.

How Banking Difficulties Drive Crypto Adoption in Latin America

How Banking Difficulties Drive Crypto Adoption in Latin America

Many businesses and individuals in Latin American countries are using cryptocurrency to buy retail goods while seeking to avoid unstable fiat markets.

Crypto Adoption in Sub-Saharan Africa Rises, Study Shows

Crypto Adoption in Sub-Saharan Africa Rises, Study Shows

Many young people in Sub-Saharan Africa are taking the cryptocurrency route to build and preserve wealth despite low economic opportunities.

Nigeria Tops in Global Crypto Ownership, With Nearly Half of the Population Being Crypto Users or Owners

Nigeria Tops in Global Crypto Ownership, With Nearly Half of the Population Being Crypto Users or Owners

With cryptocurrencies being one of the technological innovations taking the world by storm, Nigeria takes the lead in terms of crypto ownership, a survey suggests.

Crypto is No Longer Men Club as More Female Entering the Space, Study Shows

Crypto is No Longer Men Club as More Female Entering the Space, Study Shows

A study finds more women are participating and investing in this crypto sector, which men no longer dominate in terms of gender.

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.

Crypto Adoption Grows among Asian Countries, Says Chainalysis Report

Crypto Adoption Grows among Asian Countries, Says Chainalysis Report

Chainalysis has released the analysis report, showing that countries in Central & Southern Asia and Oceania (CSAO) region received more than $900 billion in crypto value from July 2021 to June 2022.

Asian Investors Have a Better Disposition to Crypto than Europeans and Americans, Fidelity Survey finds

Asian Investors Have a Better Disposition to Crypto than Europeans and Americans, Fidelity Survey finds

A Fidelity backed survey has revealed a growing interest in crypto amongst Asian investors over Europeans and Americans respectively.

Europe Takes the Major Share in terms of Global Crypto Distribution

Europe Takes the Major Share in terms of Global Crypto Distribution

As crypto adoption continues to gain steam, Europe is at the helm when it comes to crypto distribution worldwide.

MENA Region Emerges as The Fastest Growing Crypto Market: Chainalysis Report

MENA Region Emerges as The Fastest Growing Crypto Market: Chainalysis Report

Much of the crypto growth in the Middle East & North Africa (MENA) region is driven by savings preservation, remittance payments, and friendly crypto regulations.

87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey

87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey

87% of merchants believe crypto payments will enable them to stay at the top of their game based on the competitive advantage rendered, according to a survey by big four audit firm Deloitte.

China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics

China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics

Chainalysis recently published a report on the global adoption of cryptocurrencies and found that China is ahead of the US on the list.

Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says

Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says

Cryptocurrency analysis data platform Chainalysis released a report highlighting a declining ranking in the US and China cryptocurrency adoption rate while emerging economies record significant growth in crypto adoption.

18% of Britons Own Crypto, Indicating an Exponential Growth in 2021, Study Shows

18% of Britons Own Crypto, Indicating an Exponential Growth in 2021, Study Shows

Almost one in five Britons (18%) own crypto, according to a survey conducted by cryptocurrency exchange Gemini.

20% of American Adults Involves in the Crypto Space, Study Shows

20% of American Adults Involves in the Crypto Space, Study Shows

One in five Americans has used, traded, or invested in cryptocurrency, according to a poll by NBC News.

Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows

Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows

Multinational online payments company Paysafe has conducted a study, showing that 60% of the respondents believe that crypto purchases will become widespread in one year.

1 Billion Crypto Users Projected by 2030, Study Shows

1 Billion Crypto Users Projected by 2030, Study Shows

According to a joint study by Boston Consulting Group (BCG), Bitget and Foresight Ventures, the total number of cryptocurrency users will reach 1 billion by 2030.

Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings

Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings

Fitch Ratings has warned El Salvador that its bitcoin adoption plan poses serious risks to local insurance companies.

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.

3.6 million Americans Likely to Pay by Crypto This Year, Survey Shows

3.6 million Americans Likely to Pay by Crypto This Year, Survey Shows

The year 2022 holds a lot of promises for the broader digital currency industry as a forecast from Insider Intelligence shows adoption of crypto payment will continue to rise.

El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender

El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender

El Salvador President Nayib Bukele intends to introduce a bill that would make Bitcoin legal tender.

Rio de Janeiro to Accept Crypto Property Tax Payment from 2023

Rio de Janeiro to Accept Crypto Property Tax Payment from 2023

Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023.

El Salvador Buys the Dip by Adding 100 Bitcoin to its Portfolio

El Salvador Buys the Dip by Adding 100 Bitcoin to its Portfolio

After slipping to lows of $54,000, a scenario not seen in the last six weeks, El Salvador saw this as a perfect opportunity to buy the dip for additional 100 BTCs.

Abu Dhabi Women Set to Receive Free Crypto Domains to Expand Their Web3 Knowledge

Abu Dhabi Women Set to Receive Free Crypto Domains to Expand Their Web3 Knowledge

To give women residing in Abu Dhabi the opportunity to expand their knowledge base and ultimately explore the Web3 world, Abu Dhabi Investment Office (ADIO) and Access Abu Dhabi have teamed up with NFT domain name provider Unstoppable Domains

Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape

Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape

Finder has placed the global crypto adoption rate at 19%, with Bitcoin being the most accumulated asset. Hong Kong ranks second for Bitcoin holding amid changing political landscape.

Crypto Market to Hit $4.94 Billion by 2030, Driven by the Need for Transparent Payment Systems

Crypto Market to Hit $4.94 Billion by 2030, Driven by the Need for Transparent Payment Systems

According to a report by Allied Market Research, the global crypto market is expected to rise from $1.49 billion registered in 2020 to $4.94 billion by 2030.

Bitcoin Adoption Accelerating in NGO Sectors Across Australia, Europe, And North America

Bitcoin Adoption Accelerating in NGO Sectors Across Australia, Europe, And North America

NGOs are now cashing in on cryptocurrencies. A new report reveals that an increasing number of charities continue to adopt bitcoin cryptocurrency majorly across North America, Europe, and Australia.

51% of Crypto Investors in Saudi Arabia Optimise Crypto Future, KuCoin Study Shows

51% of Crypto Investors in Saudi Arabia Optimise Crypto Future, KuCoin Study Shows

Nearly 3 million citizens in Saudi Arabia have entered the crypto space over the past six months, according to a study by KuCoin.

Protagonist Establishes $100m Crypto Fund, Supporting Blockchain & Web3 Ecosystems

Protagonist Establishes $100m Crypto Fund, Supporting Blockchain & Web3 Ecosystems

Protagonist, a Miami-based crypto fund and incubation lab rolled out a $100 million fund to boost emerging blockchain and Web3 networks.

PayPal May Be Considering Launching Its Own Stablecoin

PayPal May Be Considering Launching Its Own Stablecoin

PayPal may be looking to launch its own stablecoins in the future, as it has been reportedly been meeting with stablecoin developers.

StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"

StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"

Standard Chartered CEO Bill Winters delved into the issue of digital currencies and said that he believes their widespread creation and rollout was absolutely inevitable.

Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter

Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter

Brian Armstrong, Coinbase CEO, believes that blockchain will help the crypto space to reach 5 billion users.

Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot

Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot

Sub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research.

Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population

Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population

Crypto adoption continues to experience an uptick, given that users are currently at the 300 million mark.

VanEck Makes the Case for Institutional Bitcoin Investment

VanEck Makes the Case for Institutional Bitcoin Investment

VanEck has outlined the case for institutional Bitcoin (BTC) investment in a report published on Jan. 29. According to the investment management firm, even a small amount of BTC allocation could improve a portfolio's upside.

Generative AI in the UK Public Sector: A Comprehensive Analysis

Generative AI in the UK Public Sector: A Comprehensive Analysis

A survey by the Alan Turing Institute shows a significant uptake of GenAI in the UK public sector, with diverse applications across healthcare, education, and more. While boosting productivity and offering new operational methods, challenges like unclear guidelines and varying attitudes towards AI persist.

Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status

Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status

Galaxy Digital founder and CEO Mike Novogratz believes Bill Gates could gain and solidify his status if he owned Bitcoin.

Billionaire Shark Tank Investor Mark Cuban Changes Tune on Bitcoin as Store of Value

Billionaire Shark Tank Investor Mark Cuban Changes Tune on Bitcoin as Store of Value

Mark Cuban, a billionaire entrepreneur who is famed for his investor role on Shark Tank - where aspiring entrepreneurs pitch their business models -has watered down his Bitcoin criticism as he views it as a store of value.

Investors Need to Accept the Trajectory and Level of Volatility in Bitcoin, Says SkyBridge Capital Founder

Investors Need to Accept the Trajectory and Level of Volatility in Bitcoin, Says SkyBridge Capital Founder

Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, believes that as Bitcoin (BTC) continues being widely adopted, investors ought to accept the trajectory and level of volatility in the leading cryptocurrency.

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Institutional investors continue to show their confidence in BTC, given that Bitcoin in public company treasuries has surpassed 200,000 BTC.

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Crypto analyst Willy Woo recently highlighted that with the Bitcoin adoption rate witnessed in history, 30% of the world would own Bitcoin in 4 years' time.

Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B

Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B

Given that holding is a favored strategy in the crypto space, accumulation by small Bitcoin (BTC) holders continues to gain steam.

Bitcoin Still has One Key Barrier to Institutional Adoption Even After MicroStrategy's Move, says Raoul Pal

Bitcoin Still has One Key Barrier to Institutional Adoption Even After MicroStrategy's Move, says Raoul Pal

2020 has been a year of institutional adoption for Bitcoin, as many entities have rushed near the second half of the year to invest in Bitcoin.

Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption

Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption

Market analyst Holger Zschaepitz believes that the big three central banks, namely the Federal Reserve (Fed), the Bank of Japan (BoJ), and the European Central Bank (ECB), have been instrumental in Bitcoin adoption.

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

Bitcoin’s rally continues above the $19,000 level, and by now it is clear that the bull run this time around is largely driven by institutional investors.

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele

El Salvador has been making significant strides in the crypto space ever since, with the latest being Bitcoin wallets dwarfing bank accounts in the nation.

Mexican Senate Gets First Bitcoin ATM Machine, the Nation Eyes Making BTC Legal Tender

Mexican Senate Gets First Bitcoin ATM Machine, the Nation Eyes Making BTC Legal Tender

To offer Mexican lawmakers first-hand Bitcoin experience, ChainBytes and Axolotl Bitcoin have put up a Bitcoin ATM at the nation's senate building.

Bitcoin Whales not Throwing in the Towel, Accumulating 60K BTCs in Last 2 Months

Bitcoin Whales not Throwing in the Towel, Accumulating 60K BTCs in Last 2 Months

Bitcoin might not have found its right footing since the start of the year, but this has not discouraged whale addresses from accumulating more coins.

Less Than 2% of the World Has Had Exposure to Bitcoin but BTC to be One of the Fastest Climbs in History

Less Than 2% of the World Has Had Exposure to Bitcoin but BTC to be One of the Fastest Climbs in History

According to an on-chain analyst only less than 2% of the world's population own Bitcoin.

Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year

Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year

Bitcoin experienced an uptick in transaction volume recently, given that it reached a 1-month high of 47,433.025 BTC. A research reflected global crypto adoption on the rise, boosted by P2P trading activites.

Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs

Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs

Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.

Bitcoin's Consolidation Continues amid Addresses Holding BTC Scaling the Heights

Bitcoin's Consolidation Continues amid Addresses Holding BTC Scaling the Heights

Bitcoin has consolidated between the $38K and $45K zone for the past two months, as indecisiveness continuously rocks the market, even though BTC addresses continue going through the roof.

1 Billion People Using Bitcoin in the next 4 Years Puts Price North of $500k, says 10T Holdings Co-Founder

1 Billion People Using Bitcoin in the next 4 Years Puts Price North of $500k, says 10T Holdings Co-Founder

With a projection of 1 billion people using BTC in the next four years, Dan Tapiero, the co-founder of digital asset firm 10T Holdings, believes this trend will push Bitcoin’s price above $500,000.

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021

Despite the crypto market limping based on massive liquidations, more participants continue joining the Ethereum network.

The Number of Non-Zero Ethereum Addresses Hit an ATH

The Number of Non-Zero Ethereum Addresses Hit an ATH

The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.

Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains

Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains

Upon taking office in May, South Korean President-elect Yoon Suk-yeol vowed to zero tax crypto trading gains not exceeding 50 million won, approximately $40,000 similar to stock gains.

Ripple CTO Explains Why Banks Have Been Lagging Behind on XRP Adoption

Ripple CTO Explains Why Banks Have Been Lagging Behind on XRP Adoption

Ripple’s chief technical officer (CTO) David Schwartz explained why the company’s native XRP cryptocurrency has not been more readily adopted by banks.

Bolt to Acquire Wyre, Speeding up Mainstream Crypto Adoption

Bolt to Acquire Wyre, Speeding up Mainstream Crypto Adoption

Bolt and Wyre Will drive cryptocurrency adoption forward to create more value for customers across the globe.

LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark

LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark

Two months after reaching 200,000 mobile app downloads on iOS and Android, LocalBitcoins has scaled the heights by crossing the 300,000 mark.

Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021

Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021

More than $1 billion worth of crypto have spent in the first six months this year by consumers globally, Visa announced Wednesday. The company said the amount it spent on goods and services by using its crypto-linked cards primarily.

BlackRock Gets Exposure to Bitcoin Through MicroStrategy, Both Firms U-Turn on Shaming Crypto

BlackRock Gets Exposure to Bitcoin Through MicroStrategy, Both Firms U-Turn on Shaming Crypto

Investment giant BlackRock, the biggest stakeholder of MicroStrategy — has now indirect exposure to Bitcoin as the world’s largest intelligence company has recently purchased 21,454 Bitcoins.

Afghans Seeking Refuge in Cryptocurrencies as Taliban’s Takeover Causes Economic Turmoil

Afghans Seeking Refuge in Cryptocurrencies as Taliban’s Takeover Causes Economic Turmoil

As Afghanistan staggers under an economical crisis triggered by the Taliban's takeover, its citizens embrace cryptocurrencies.

Kraken Brings Crypto Asset Liquidity to Skrill and Neteller

Kraken Brings Crypto Asset Liquidity to Skrill and Neteller

Paysafe, a leading specialized payments platform has chosen US-based cryptocurrency exchange Kraken as their crypto asset liquidity provider.

Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants

Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants

Leading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.

Big Crash Needed for Crypto to Go Mainstream, Says Kim Dotcom

Big Crash Needed for Crypto to Go Mainstream, Says Kim Dotcom

Kim Dotcom acknowledges that a great market crash would facilitate the use of crypto as a common payment method instead of promoting speculation.

First Belgian Elected as European Legislator to Accept Salary in Bitcoin

First Belgian Elected as European Legislator to Accept Salary in Bitcoin

Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin.

Celo Co-Leads $100M Capital Raise with Other Major Crypto Protocols to Support DeFi Adoption

Celo Co-Leads $100M Capital Raise with Other Major Crypto Protocols to Support DeFi Adoption

Celo, a smartphone-driven blockchain platform, is raising the initial 100 million funding through collaboration with other top DeFi protocols to promote DeFi adoption among mobile phone users worldwide.

Unique NFT Buyers Hit Historic Highs in January

Unique NFT Buyers Hit Historic Highs in January

The adoption happening in the NFTs market is going through the roof, given that unique wallets purchasing NFTs have doubled compared to five months ago.

NFT Surpasses Crypto and Ethereum in Google Searches

NFT Surpasses Crypto and Ethereum in Google Searches

To show their trendiness, NFT Google searches have surpassed those of Ethereum and crypto, according to Google Trends.

Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Infinito has partnered with Paxful to support cryptocurrency adoption globally.

FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption

FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption

FunFair, a decentralized gaming platform has developed a new non-custodial crypto wallet, intended for propelling blockchain mass adoption.

Bitcoin 2019 Yearly Overview - Price Movements, Advancement and Adoption

Bitcoin 2019 Yearly Overview - Price Movements, Advancement and Adoption

The rise and fall of Bitcoin in 2019, with information on price. adoption and what 2020 could hold.

OKEx Partners with Klaytn To Enhance Mass Blockchain Adoption

OKEx Partners with Klaytn To Enhance Mass Blockchain Adoption

OKEx and Klaytn have officially joined hands as ecosystem partners who are meant to push for global adoption of blockchain technology for millions of users in the world.

KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption

KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption

KPMG has teamed up with Coin Metrics to enhance institutional adoption of blockchain and cryptoassets offering proprietary analytics, trusted data & insights.

IMF Releases New Blog on the Adoption of Stablecoins

IMF Releases New Blog on the Adoption of Stablecoins

The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods.

European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

COVID-19 has led to an acceleration in digital payments adoption and technological innovation, as seen by the spending pattern of European citizens.

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption

Ripple Swell 2020: Clear Regulations and CBDC Will Drive Cryptocurrency Adoption Forward

Ripple Swell 2020: Clear Regulations and CBDC Will Drive Cryptocurrency Adoption Forward

Financial leaders virtually discussed the regulatory framework for crypto assets and how crypto adoption could be driven forward.

PreScouter Research: Blockchain Adoption in Life Sciences Wanting

PreScouter Research: Blockchain Adoption in Life Sciences Wanting

According to a report by PreScouter, a research company that assists business leaders make better corporate and product development decisions, the mindset of leadership in the life sciences sector is hindering blockchain adoption.

Bitcoin Is at a Critical Point on The Adoption Curve, Says On-Chain Analyst

Bitcoin Is at a Critical Point on The Adoption Curve, Says On-Chain Analyst

Cole Garner, an on-chain analyst, has disclosed that BTC is at a critical inflection point in its adoption journey as institutional investors step in.

JP Morgan: Groundwork Now in Place for Mainstream Blockchain and Digital Currency Adoption

JP Morgan: Groundwork Now in Place for Mainstream Blockchain and Digital Currency Adoption

JPMorgan published a report showing a significant move towards blockchain, enormous growth of blockchain, and challenges hindering mainstream adoption.

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