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A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. дальше »
2021-5-28 13:00 | |
Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot
Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians might be preparing for what could be considered an […] дальше »
2021-5-24 10:30 | |
Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC
China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption, as big-name corporations like the e-commerce giant JD.com, Mastercard, […] дальше »
2021-5-5 22:00 | |
Major Venezuelan Aviation Academy Enables Bitcoin Payments as Crypto Adoption Keeps Rising in the Country
A leading Venezuelan aviation academy announced its inception into cryptocurrency adoption after enabling bitcoin payments. Caracas Air is now accepting crypto payments for those who want to take any of their courses. дальше »
2021-4-28 01:30 | |
Romanian University partners with Elrond (EGLD) to accept crypto payments
Cryptocurrency adoption has received a boost in Romania as one of the country’s universities has announced the acceptance of crypto payments. Lucian Blaga University of Sibiu (LBUS), with about 11,000 students, said the move is part of its goal to offer support to local businesses like Elrond (EGLD). дальше »
2021-4-13 20:39 | |
Despite Being The World’s Most Cashless Country, Norway Is Playing Chicken On Bitcoin Adoption. Here’s Why
The use of physical cash in Norway has slumped dramatically and the COVID-19 pandemic has inadvertently accelerated the journey towards being a cashless society. In fact, reports say that the Nordic country now has the lowest cash use in the whole wide world. дальше »
2021-3-24 20:10 | |
German Bank Donner & Reuschel to Offer Crypto Custody Services in Response to a ‘High Market Demand’ in the Country
Cryptocurrency adoption among the traditional banking industry keeps spreading across the board, and it has arrived at a bank based in Hamburg, Germany. Donner & Reuschel is set to make its inception into the crypto business by offering related custody services. дальше »
2021-3-10 07:30 | |
Bitcoin, Ethereum, and Tether can now be used to pay for trade licenses and visa fees in the UAE
Cryptocurrencies in the UAE could be on their way to public adoption, with the government setting the pace. KIKLABB, a government-owned licensing body has become the first public entity in the Arabic country to accept crypto payments. дальше »
2021-2-18 20:20 | |
Mercuryo teams up with Swansea City to enter the UK sports scene
One of the largest fintech companies in Europe, Mercuryo, recently decided to help push cryptocurrency adoption in the UK by entering the country’s sports scene. To do this, the firm decided to become the first official crypto sponsor of the Welsh-based Swansea City. дальше »
2021-2-3 16:38 | |
Farmers Turn to Tokenized Assets in Argentina Amid Tumbling Peso
Blockchain-based tokenized agriculture is providing some relief for farmers in Argentina battling with a collapsing Peso. Crypto and blockchain adoption appears to be gaining ground in the country as the economic condition continues to worsen. дальше »
2021-1-28 00:00 | |
Kyrgyzstan: Central Bank Publishes Draft Crypto Laws, Calls for Public Comments
Kyrgyzstan’s central bank has issued draft crypto regulations that will create a legal framework for the country’s crypto industry. The move forms the latest effort by the government to leverage the growing virtual currency adoption in the country while providing adequate investor protection. дальше »
2021-1-7 20:00 | |
China Banking Association to Leverage Blockchain to Authenticate Bank Audit Letters
China’s targeted blockchain adoption agenda is set to gain more ground with the country’s banking association set to deploy decentralized ledger technology (DLT) in verifying bank audit letters. дальше »
2020-12-27 20:00 | |
Thai Tax Collector Eyes Blockchain Adoption for Improved Revenue Collection
Rather than raise taxes, Thailand’s Excise Department is looking to adopt blockchain technology for improved tax collection. The move is part of plans to enhance Thailand’s internally generated revenue (IGR) metrics as the country moves towards more sustained economic recovery. дальше »
2020-12-8 00:00 | |
Caribbean Crypto Hotbed: More Than 40 Businesses Accept Bitcoin Cash in Antigua
Cryptocurrencies have been getting quite popular in the Caribbean region and in Antigua and Barbuda, the island has seen significant growth. Crypto adoption has been on the rise in the island country and just recently, a regional news report detailed that more than 40 major businesses are accepting bitcoin cash for goods and services. дальше »
2020-12-4 21:30 | |
Ukraine: Draft Bill on Crypto Regulations Scales First Reading
Ukraine’s parliament has completed preliminary work on the deliberations concerning the enactment of crypto regulations in the country. Despite significant cryptocurrency adoption among Ukrainians, the absence of virtual currency laws has somewhat stifled the industry. дальше »
2020-12-3 02:00 | |
US-Based Firm Launches Company-Sponsored Bitcoin Retirement Plans
Another day of bullish market, another bitcoin (BTC) first in the world. DAiM Unveils BTC-Based Employer-Sponsored 401k Retirement Plans In yet another development showcasing the steady adoption of the premier cryptocurrency, US-based asset management firm DAiM recently announced the launch of the country’s first employer-sponsored retirement plans that support BTC investments. дальше »
2020-11-21 04:00 | |
Belarus’ Largest Commercial Bank Launches Crypto Trading Desk
Belarusbank, the largest commercial bank in Belarus has launched the country’s first legal crypto trading platform. The move is the latest crypto adoption news to come out of a country currently experiencing anti-government protests against President Alexander Lukashenko. дальше »
2020-11-16 18:45 | |
The Netherlands bank starts offering accounts for utility tokens
Rabobank, one of the banks from the Netherlands, just became the first bank in the country to offer accounts for utility tokens. It currently facilitates the 2Tokens Foundation with a bank account, and the move represents a massive step in the right direction for crypto adoption, as well as for applying tokenization in modern society. дальше »
2020-10-7 12:01 | |
Why are so many people in Eastern Europe using cryptocurrencies?
How did Russia, a country where cryptocurrencies are banned for use as payment, and Ukraine, where the asset class essentially exists outside of the law, rank the highest when it comes to crypto adoption? The latest Chainalysis report, where Eastern Europe was found to have the highest grassroots-level adoption of cryptocurrency despite being the fourth-largest […] The post Why are so many people in Eastern Europe using cryptocurrencies? appeared first on CryptoSlate. дальше »
2020-10-2 06:00 | |
The economic downturn in Iran makes way for crypto adoption
Iran is ripe for Bitcoin adoption, as the leading cryptocurrency is becoming increasingly relevant due to the US sanctions and the consequences of the COVID-19 pandemic. So much so, in fact, that even the elderly citizens of the country are losing confidence in the nation’s fiat currency, the rial, and are looking for an alternative. дальше »
2020-9-25 13:05 | |
Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. дальше »
2020-9-19 17:36 | |
Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index
Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached one of the highest rates of cryptocurrency usage in the world. дальше »
2020-8-31 17:30 | |
Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-End
Brazilian crypto companies have signed a code of self-regulation that aims to legitimize and to boost adoption of crypto assets in the country. The document was signed under the auspices of Abcripto, the country’s association of cryptocurrency companies. дальше »
2020-8-24 10:30 | |
China to Scale Digital Yuan Pilot to 28 Cities as it Solidifies Its Tokenomics Dominance
China’s digital yuan ‘DC/EP’ might soon be replacing the fiat renminbi in circulation following an announcement by the country’s ministry of commerce to scale the pilot in more cities. This PBoC backed digital currency has been in progress since 2014 but was only piloted recently, marking a significant milestone towards the adoption of CBDC’s. The […] дальше »
2020-8-17 17:06 | |
Crypto Adoption Soars in Slovenia: Over 1,000 Locations Accept Cryptocurrencies
Cryptocurrency adoption is growing rapidly in Slovenia. More than 1,000 locations in the country now accept cryptocurrency payments, including cafes, restaurants, dentists, hair salons, and hotels. дальше »
2020-8-9 16:15 | |
Bitcoin Adoption Explosion in Africa, Led by Nigeria, Kenya, and South Africa
Bitcoin continues to gain traction in Africa, with Kenya being the most bitcoin maximalist country, with 94. 7% dominance. The top 10 list also contains Nigeria at the 5th spot and South Africa at the 6th spot. дальше »
2020-7-5 18:41 | |
Crypto Mostly a Speculative Investment: U.K. FCA Survey
Awareness in the U. K. appears to be on the rise as the latest survey shows that about 1. 9 million adults in the country own cryptocurrencies. This increasing crypto adoption also seems to be happening evenly across several age demographics. дальше »
2020-7-1 22:19 | |
China’s CBDC Adoption Plan Puts Domestic Monetary Control at Forefront
China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems.
дальше »2020-6-23 14:00 | |
One Step Forward and One Step Back: Why Is Russia’s Crypto Regulation Treading Water?
Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption. дальше »
2020-6-23 06:00 | |
Set to Grow, India’s Crypto Industry Must First Toil Tough Ground
Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way. дальше »
2020-6-9 19:14 | |
China’s First Civil Code Allows Citizens to Inherit Cryptocurrency
The Chinese Parliament has adopted the country’s first Civil Code, which among other things, enables citizens to inherit bitcoin and other cryptocurrencies. Crypto Inheritance Now Allowed in China In a report by local news outlet Xinhua News on Thursday (May 28, 2020), the adoption of China’s first Civil Code was made during the third sittingRead MoreRead More. дальше »
2020-5-29 15:14 | |
China: CBDC Issuance Could Be Fast-Tracked for COVID-19 Stimulus Payments
China’s planned digital currency electronic payment (DCEP) project may be accelerated to have the central bank digital currency (CBDC) available for COVID-19 stimulus package payments. The news is the latest in a string of government-led actions aimed at advancing the adoption of blockchain technology in the country. дальше »
2020-5-27 23:00 | |
China: Lawmaker Proposes Creation of a National Blockchain Fund
China’s blockchain adoption could go a step further with lawmakers looking at the creation of a national blockchain development fund. Authorities in Beijing continue to push for more involvement of the country’s government in leveraging the emerging technology across several economic sectors. дальше »
2020-5-26 00:07 | |
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country. дальше »
2020-5-24 16:35 | |
China’s Central Bank Wants to Speed Up Blockchain Adoption
Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan.
дальше »2020-5-14 00:30 | |
Vietnam Ministry of Finance Forms Research Group To Develop Digital Currency Policies
Cryptocurrencies are actively being considered an alternate form of financial instrument, and the blockchain technology powering it has already seen massive adoption all around the globe. Vietnam is the latest country looking to study and formulate laws around digital currencies. дальше »
2020-5-13 22:42 | |
Before India Enjoys Mass Adoption, It First Needs to Fix Bitcoin’s Image
Although India has lifted its historic ban on trading Bitcoin, the two years barring such activity has taken its toll. Entrepreneurs throughout the country are now faced with the difficult... The post Before India Enjoys Mass Adoption, It First Needs to Fix Bitcoin’s Image appeared first on Crypto Briefing. дальше »
2020-5-7 11:37 | |
Crypto.com Is Bringing Bitcoin Mass Adoption to Europe, One Country at a Time
Since joining Crypto. com in January, Mariana Gospodinova has had one objective: accelerate crypto adoption in Europe. And in a few months’ time, she has done just that. This is evidenced...The post Crypto. дальше »
2020-5-1 16:01 | |
China Forms National Blockchain Committee with Huawei, Tencent, Ant Financial
China is bringing together its tech giants to create a national blockchain committee with the primary goal of setting standards for the adoption of blockchain in the country. The national committee will include a few big names in China’s tech sector including Huawei Technologies, Tencent Holdings, Baidu, Ant Financial Services, and JD. дальше »
2020-4-18 16:10 | |
Cardano Partners South Africa National Blockchain Alliance to Foster Technology Adoption
On April 7, 2020, decentralized smart-contract platform Cardano (ADA) announced that it had partnered with the South African National Blockchain Alliance (SANBA) to explore ways to expand its footprint in the African country. дальше »
2020-4-9 15:00 | |
COVID-19 Pandemic Could Speed Up Central Bank Crypto Adoption
The COVID-19 pandemic will bring the end of cash and speed up the adoption of digital banking services, including central bank crypto, according to Edwin Bautista, CEO of UnionBank. Going Digital Is the Right Approach Amid Pandemic In an interview with Euromoney, the head of UnionBank, the Philippines’ ninth-largest bank, said that this might be the beginning of the end of hard cash, at least for the Philippines, a country whose lockdown measures are challenging […] дальше »
2020-4-5 15:00 | |
South Korea Banking Giant Plans to Launch Crypto Custody Service
KB Kookmin Bank, South Korea’s largest bank, is planning to launch a crypto custodial service known as KB Digital Asset Custody (KBDAC). The entry of the South Korean financial giant into the crypto market could spark widespread adoption across financial institutions in the country. дальше »
2020-3-28 22:00 | |
1 in 9 Indonesians Now Own Cryptocurrency, Report
About 11% of all Indonesians own some form of cryptocurrency, according to a recent report by Hootsuite, which cited GlobalWebIndex. 11% of Indonesians Own Cryptocurrency as Fiat Currency Devalues With over 270 million people, Indonesia is the fourth most populous country in the world, and the fact that 1 out of 9 citizens own cryptocurrency demonstrates a rapidly expanding adoption level. дальше »
2020-3-24 22:00 | |
Crypto Adoption in Venezuela Increases as Coronavirus Quarantine Shuts Down Banks
Venezuela witnesses an increase in peer-to-peer (P2P) Bitcoin (BTC) trading after banks have been shut down in the country amid the coronavirus quarantine. President Nicolas Maduro instilled on March 17 a nationwide quarantine meant to decrease the spread of the coronavirus. дальше »
2020-3-20 20:59 | |
Crypto Is Brewing in Colombia: Active Adoption That Will Wake You Up
The high popularity of cryptos among Colombians has made the country one of the leading references in the region
дальше »2020-3-16 01:45 | |
Bullish Signal: South Korean Parliament Passes Law That Fully Legalizes Cryptocurrency Holding And Trading
Yesterday, India’s Supreme Court quashed the Central bank’s crypto ban that was curtailing cryptocurrency trading in the country. The crypto community perceived this as a big adoption boost for bitcoin and cryptocurrencies in general. дальше »
2020-3-6 16:14 | |
Bitcoin Adoption in Lebanon Increases Amidst Worsening Economic Situation
As the current financial crisis rocking Lebanon continues to intensify, Lebanese citizens are increasingly looking to bitcoin to escape the country’s crippling economic situation. Lebanon joins the list of countries whose citizens have turned to the top cryptocurrency to counter the financial crisis. дальше »
2020-2-26 22:00 | |