According to some rumors, Russia would be ready for both the use of Bitcoin and mining. Russia may finally take advantage of mining legally and begin trading Bitcoin, according to some news agencies o...
Tag: Adoption
Crypto Regulations Important for Mass Adoption to Take Hold
Despite its potential to revolutionize finance and commerce, cryptocurrency has yet to gain widespread adoption. A major reason for this is the lack of strong regulation in the industry. Without it, t...
IMF: El Salvador’s Bitcoin Adoption Risks Are Yet To Materialize
IMF believes El Salvador’s bitcoin risks need attention. El Salvador has invested $103M in BTC with over $51 million in losses. Last year, the country sought $500 from legislators million to buy Bitco...
Ripple CEO Weighs in on Global Crypto Adoption After SEC Clampdown
Brad Garlinghouse, the CEO of the blockchain payment company that fights the US SEC in court over the status of XRP, believes there’s a lot of positive news in terms of crypto adoption worldwide. He m...
Ledgible catalyzing TradFi adoption with its crypto taxation and accounting tools
The introduction of blockchain technology has brought various opportunities and innovations in the decentralized space. Along with these positive outcomes, the adoption of crypto tax has taken the blo...
Dubai Leading University Stops Accepting Shiba Inu Payments One Day After Adoption
CUD says it will no longer accept Shiba Inu and all other crypto payments due to technical reasons. Canadian University Dubai (CUD), a leading tertiary institution in the UAE, has announced that it wi...
Algorand Aims To Boost Web3 Adoption In India With Strategic Partnerships
More expansion is awaiting the Web3 ecosystem as Algorand Foundation aggressively moves to promote the technology across India. The firm announced multiple partnerships, including educational developm...
Algorand to drive Web3 adoption in India through key partnerships
Algorand Foundation announced several partnerships in India, including collaborations with schools to develop educational programs to help grow Web3 in the country. In an announcement sent to Cointel...
Record-Breaking Cryptocurrency Adoption Leads The IRS To Release New Reporting Requirements
WASHINGTON, DC – APRIL 15: The Internal Revenue Service (IRS) building stands on April 15, 2019 in … [+] Washington, DC. April 15 is the deadline in the United States for residents to file...
Web3 Payments SaaS Can Push Mainstream Crypto Adoption
Tel Aviv, Israel, 7th February, 2023, Chainwire Today, the Fuse Network unveils Fuse 2.0. Aimed at taking on a significant challenge cryptocurrencies face on the road to mass adoption. Delivering a mo...
Fuse Network launches Web3 payments network to bolster crypto adoption
To help businesses that may not be as crypto– or tech-savvy as others provide a user-friendly, quick, and secure blockchain-powered experience, Fuse Network has introduced a payments network tailored ...
China Doles Out Free Digital Yuan During New Year To Boost Adoption
Join Our Telegram channel to stay up to date on breaking news coverage Chinese cities have announced the launch of various digital yuan initiatives worth more than 180 million yuan ($26.6 million) to ...
China Distributes CBDC during Lunar New Year Holidays to Enhance Adoption
Apart from the Lunar New Year activities, the Chinese government has been taking steps to improve the use of its CBDC. During the Lunar New Year season, the Chinese government distributed millions of ...
Stablecoin adoption could lead to DeFi growth, says Aave founder
Stani Kulechov, the founder of the decentralized finance (DeFi) protocol Aave, highlighted several issues within the DeFi space at the StarkWare Sessions 2023, held at The Cameri Theatre in Tel Aviv, ...
Digital Yuan Gifts In China During Holiday To Increase Adoption, Report Says
Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid dev...
Chinese cities gives away $26.6M in Digital Yuan to drive adoption
Multiple Chinese cities have reportedly launched initiatives to give away digital yuan (e-CNY) worth over $26.6 million to drive consumption during the Spring Festival. Authorities across China have d...
Crypto Firm StarkWare Partners With Chainlink to Boost StarkNet Adoption
StarkWare – an Israeli company focused on Ethereum scaling – joined forces with the Web3 services platform – Chainlink – to expand development on StarkNet. The collaboration will also build an econom...
China Pushes CBDC Mass Adoption During Holidays
In an effort to increase adoption, China’s central bank digital currency (CBDC), commonly referred to as the digital yuan, was promoted during the Lunar New Year. According to a report by the Global T...
China gives away digital Yuan (e-CNY) worth million to boost adoption
Chinese cities have launched digital yuan (e-CNY) activities worth over $26.6 million (180 million yuan) to promote its adoption. During the Spring Festival, nearly 200 digital yuan activities were la...
China doles out millions in digital yuan in bid to boost adoption: Report
Millions of dollars worth of China’s central bank digital currency (CBDC) has been handed out across the country over the Lunar New Year period in a bid to boost its takeup. According to a Feb. 6 repo...
Bloomberg Unveils Crypto Outlook – Highlights Explosive Polygon (MATIC) Adoption, Forecasts Ethereum Will Outperform Bitcoin
Bloomberg Intelligence has released its official crypto outlook for the month of February, citing massive mainstream adoption of Polygon (MATIC) and forecasting the future of Ethereum’s performance re...
Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch
On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to fight against the corruption that contributed to hyperinflation in the i...
Sri Lanka Rejects Billionaire Tim Draper’s Proposal of Bitcoin Adoption
37 mins ago | 2 mins read Bitcoin News Tim Draper sought to persuade the government and central bank to accept bitcoin. Sri Lanka’s GDP shrank by 8% in 2022 and its benchmark inflation rate was 54.2% ...
Binance Signs MoU With Georgia To Boost Crypto and Blockchain Adoption
12 mins ago | 2 mins read Exchange News Changpeng Zhao met with Prime Minister Irakli Garibashvili in November 2022. In January, the exchange signed an MoU with one of the country’s prominent Universi...
Can Binance Coin’s [BNB] increased adoption help it beat the bears?
FCF Pay announced that it will accept BNB for virtual prepaid debit cards. Metrics remain bullish, but market indicators gave reasons for concern. Binance Coin [BNB] posted its weekly metrics on 4 Fe...
Decentraland: A story of increased adoption but major concerns
MANA’s price rallied by over 8% in the last seven days. Exchange outflow spiked and a few other metrics supported the surge. Decentraland [MANA] has witnessed an increase in adoption over the last few...
ChatGPT, Banking on Ripple, Adoption Rising
Crypto News: Here are the most popular stories from the crypto world as featured in BeInCrypto in the past week. Big banks have taken a keen interest in the Ripple’s ongoing battle with the U.S. Secur...
Polygon Adoption and Interest Pushes MATIC to Top of 2023 Rally
Polygon (MATIC) has been on a tear lately, growing 57% since the start of 2023, outperforming both Bitcoin and Ethereum. This surge is due to several factors, including increased institutional interes...
CZ says stablecoin regulation will boost adoption
Due to the potential of stablecoins in managing inflation, the algorithmic dollar-pegged digital assets have come under solid regulatory focus, especially after the devastating Terra’s algorithmic sta...
Metis aims to simplify crypto adoption with Banxa integration
Layer 2 Ethereum scaling solution Metis has integrated with crypto payment gateway Banxa, enabling Metis users to access Banxa’s fiat-to-crypto on-and-off ramp and supported cryptocurrencies, includin...
Avalanche (AVAX) Shoots 14% Amid Signs of Institutional Adoption
AVAX, the native cryptocurrency of the Avalanche blockchain network is up by 14% at press time and is trading at $22.32 levels. With this recent price boost, the AVAX price is up by more than 100% on ...