Considered the tax haven for cryptocurrencies, Singapore has now decided to harden its stance on the trade of digital assets. The Monetary Authority of Singapore (MAS) aims to opt a brutal approach. M...
Tag: Adopt
Deloitte and NYDIG set up alliance to help businesses adopt Bitcoin
Professional services giant Deloitte is getting increasingly serious about Bitcoin (BTC) amid the ongoing market downturn, setting up a major initiative to promote BTC adoption. Deloitte has partnered...
Celsius Network plans to adopt a Bitfinex-like recovery plan
The lead investor at Celsius Network BnkToTheFuture, and the co-founder of the protocol Simon Dixon, have proposed a recovery plan for the Celsius Network. The two have proposed implementing the same ...
Another Major Airline Company Set To Adopt Crypto For Payments
Spain’s leading Airline Company Vueling has announced a partnership with BitPay to allow clients to pay for tickets using cryptocurrencies. The new service, according to the announcement, will begin i...
Nigeria Exchange Ltd plans to adopt blockchain technology
Blockchain technology is gaining strong use cases in the traditional financial sector. Nigeria Exchange Ltd, the largest stock exchange in Nigeria, has launched a trading platform supported by blockch...
Nigerian Bourse to Adopt Blockchain for Settling Trades
Trade desires to draw in crypto-adoring Nigerians to stocks Blockchain is the kind of tech a lot of young Nigerians want to adopt South Africa, Kenya trust that guideline will take on innovation Niger...
Nigeria’s Largest Stock Exchange Plans to Adopt Blockchain for Settling Trades
The largest stock exchange in Nigeria – Nigerian Exchange Ltd. – will reportedly roll out a blockchain-enabled trading platform next year to facilitate the capital market and attract young investors. ...
Deloitte Finds Most U.S. Retailers Eager To Adopt Crypto
A Deloitte report revealed that around 75% of all U.S. retailers want to enable crypto payments within the next two years. Retailers Bullish Towards Crypto On Wednesday, Deloitte released its “Mercha...
PGIM COO urges crypto investors to adopt a pick and shovel play
? Want to work with us? CryptoSlate is hiring for a handful of positions! Investing in crypto does not necessarily have to involve buying digital assets, Taimur Hyat, the COO of PGIM, told Bloomberg. ...
RBI to Adopt “Graded Approach” Toward Digital Rupee Launch – crypto.news
The Reserve Bank of India (RBI) is set to adopt a “graded approach” towards the introduction of the central bank digital currency (CBDC) in India, the annual report published on May 27 notes. RBI to T...
India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the country’s central bank digital currency (CBDC). The RBI also said it is exploring the ...
Ginni Thomas Reportedly Urged Arizona Lawmakers To Ignore Biden’s Victory And Adopt ‘Clean Slate Of Electors’
Topline Ginni Thomas, the wife of Supreme Court Justice Clarence Thomas, pressured two Arizona lawmakers in emails to overturn Joe Biden’s victory in the state in the 2020 presidential election by ask...
Coinbase: app and wallet now adopt new DeFi approach
During the Permissionless conference at Blockworks, Coinbase’s Chief Product Officer Surojit Chatterjee said that the app and wallet will now adopt a new DeFi approach, integrating new features with t...
These Countries May Adopt Bitcoin In Coming Years!
Samson Mow, a former Blockstream executive, and longtime bitcoin advocate say that other countries will adopt the leading crypto asset by market Cap in the future years. In an interview with Kitco New...
Pro traders adopt a hands-off approach as Bitcoin price explores new lows
Bitcoin’s (BTC) current 20% drop over the past four days has put the price at its lowest level in nine months and while these movements might seem extraordinary, quite a number of large listed compani...
These Are the Next Countries That Could Adopt BTC, According to Veteran Bitcoiner Samson Mow
Former Blockstream executive and longtime Bitcoin (BTC) advocate Samson Mow says that he sees other countries adopting the leading crypto asset by market cap in the coming years. In an interview with ...
IMF Concerned About Central African Republic’s Decision To Adopt Bitcoin (BTC) As Legal Tender: Report
The International Monetary Fund (IMF) is concerned about the Central African Republic’s recent decision to adopt Bitcoin (BTC) as legal tender. The IMF tells Bloomberg in a new email that the decision...
California Steps Forward To Adopt Cryptocurrency And Its Regulation
The hometown of most of the technological innovation, California on Wednesday became the first state to explore how to adapt digital assets and related technology in a broadway. Tracing the steps of P...
Uzbekistan’s president issues decree to adopt special crypto framework
The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry. Released on April 27, the ...
Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024 – Fintech Bitcoin News
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the populari...
Bitcoin Briefly Tops $40,000 As More Countries Adopt Crypto
Bitcoin (BTC) prices saw notable volatility on Friday, frequently breaching the $40,000 mark but failing to maintain that level. As of this writing, the top cryptocurrency by market capitalization had...
Central African Republic Becomes Second Country to Adopt Bitcoin as Legal Tender
The Central African Republic (CAR), announced today that it has adopted Bitcoin as legal tender. It becomes the second country, after El Salvador, to make the move. The official Facebook account of th...
Panama Follows El Salvador as it Plans to Adopt Bitcoin and other crypto like XDC Network as Legal Tender
Cryptocurrency adoption throughout the world is growing quickly. Panama follows in the footsteps of other Central American countries like El Salvador, Lugano, and Honduras Prospera. Bitcoin (BTC) and ...
Bitcoin Will Lose Users if it Doesn’t Adopt Proof-of-Stake, Says Solana Co-Founder
The Proof-of-Work (PoW) consensus mechanism, which relies on crypto mining to validate transactions, is a pioneering concept that, in fact, pre-existed Bitcoin. But it is often criticized due to its e...
Central African Republic Becomes Second Nation Ever To Adopt Bitcoin (BTC) As Legal Tender
An African country has become the second nation on Earth to accept Bitcoin (BTC) and other crypto assets as legal currency. Following in the footsteps of Latin American nation El Salvador, the Central...
Central African Republic Becomes First African Country to Adopt Bitcoin
The Central African Republic (CAR) has become the first country on the continent to unanimously accept a bill governing the use of Bitcoin. On April 26th, Faustin Archange Touadera, the President of C...
Saudi Arabia can adopt blockchain technology in the Government
The Kingdom of Saudi Arabia is considering adopting blockchain technology throughout its administration as well as legalizing the use of cryptocurrencies. However, an official stated that the ki...
Central African Republic passes bill regulating cryptocurrencies but has yet to adopt Bitcoin
As the cryptocurrency market expands across the world and its assets become more accepted as a valid form of payment, governments are increasingly showing signs of interest to regulate this new asset ...
Did The Central African Republic Adopt Bitcoin As Legal Tender? Here’s The 411
As it turns out, the Central African Republic did not adopt bitcoin as legal tender. Yesterday, a Forbes Monaco article took the bitcoin world by storm. It said an African country had followed El Salv...
Russia plans to adopt the digital ruble for international settlements
Russia’s economy has been greatly affected by the economic sanctions imposed against the country by Western countries. Amid these sanctions, Russia wants to commence a pilot phase for the digital rubl...