Adoption - Tag Archives - Cryptonews (Page 161)

PayPal and Paxos Might Announce Crypto Partnership This Week – Report

The partnership announcement between the payments giant PayPal and the issuer of the major stablecoin Paxos Standard Token (PAX) might reportedly be made this week.PayPal is planning to bring crypto trading to its user base and has chosen New York-based Paxos to handle the new service’s...

, by Sead Fadilpašić

Lenovo Distances Itself from ‘Digital Currency’ Claims + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Investment news Legend Holdings, the owner of the Lenovo Group, has issued a statement denying it has made any “digital...

, by Tim Alper

Beijing Says Blockchain Adoption Is Already Yielding Tangible Results

China’s blockchain kick is starting to leave a noticeable mark on the nation’s capital with the Beijing government reportedly deploying blockchain technology in 140 different use cases.Per a report from The Beijing News, blockchain-powered alternatives have helped do away with...

, by Tim Alper

Zcash Upgrade, Stellar on Samsung, Gemini on Brave + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Privacy newsPrivacy-focused Zcash (ZEC) upgraded today, improving interoperability through FlyClient support and giving miners the...

, by Linas Kmieliauskas

Yield Farming ‘Frenzy’ Didn’t Boost DeFi User Numbers

A new report has found that so-called “yield farming” has taken the decentralized finance (DeFi) scene “by storm” of late – but has failed to bring large amounts of new people to the DeFi table, and has done little to help the “DeFi community grow beyond its...

, by Tim Alper

Crypto Revolut In the US, Loans and Coffee on Blockchain + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Crypto adoption newsUK-headquartered major fintech Revolut has launched its crypto trading service in the United States via a...

, by Linas Kmieliauskas

Bitcoin Finally Gets Into NASCAR, 6 Years After Dogecoin

After an unsuccessful attempt in 2014, the Bitcoin (BTC) logo has finally found its place (a small one) in NASCAR, the US prime auto-racing franchise, after mobile payment service Cash App, which also supports BTC trading, inked a multi-year deal with Richard Petty Motorsports. The business will...

, by Jaroslaw Adamowski

Village in El Salvador Turns its Back on Fiat in Favor of Bitcoin

Foundering fiats, a global pandemic and an anonymous donor’s generosity have led to the creation of a bitcoin (BTC)-powered economy in a village in El Salvador, the smallest and the most densely populated country in Central America.Per an article written by a Forbes contributor, a village...

, by Tim Alper

CBDC Week: Another G7 Country Mulls Joining Digital Fiat Race

After the UK admitted it is mulling digital fiat plans this week, the Japanese government has also announced that it is considering the launch of a central bank digital currency (CBDC).Per Nikkei, the cabinet is set to make a formal decision on whether or not it will include the issuance of a CBDC...

, by Tim Alper

Another Chinese Giant, Meituan Dianping, Might Test Digital Yuan – Report

The rollout of China’s much-discussed central bank digital currency (CBDC) is getting one step closer, as the People’s Bank of China (PBoC) – the country’s central bank – is said to have entered into discussions with a giant online food delivery platform for a trial of...

, by Fredrik Vold

South Korean Local Stablecoin Operator Posts Record Profits

Business appears to be booming for a company operating an increasingly large number of South Korean local stablecoins.Per Fn News, the Korea Minting and Security Printing Corporation (KOMSCO) – the company that has printed banknotes and minted coins for the nation’s treasury for the...

, by Tim Alper

Japan’s Biggest Bank to Launch Digital Token Before End of FY2020

The Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is set to issue its own long-awaited digital currency “in the second half of the current financial year,” said its CEO.Speaking to Mainichi, the company’s CEO Hironori Kamezawa stated that the token had experienced...

, by Tim Alper

Bitcoin Usage up in Vietnam, Bangladesh & S Africa – Blockchain.com

The total number of bitcoin (BTC) wallet transactions has spiked in Vietnam, Bangladesh, and South Africa, with monthly activity figures up 25%, 16% and 15.9% respectively on major wallet and exchange platform Blockchain.com. Source: Adobe/Vitoria Holdings LLC The company shared the news in a...

, by Jaroslaw Adamowski

Blockchain Medical Prescriptions Coming in Chinese City + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Blockchain newsA Chinese city said it will launch a blockchain-powered medical prescription app for smartphone-using residents. Per...

, by Tim Alper

BIS Unsure if ‘Global Stablecoins’ Can Help Cross-border Payments

The Bank for International Settlements (BIS) agrees that leading financial nations badly need to make cross-border payment progress – but is still unsure if that the answer will be found in global stablecoin projects.In a new report to the G20 entitled “Enhancing cross-border payments:...

, by Tim Alper

Telcos Trial Blockchain, Fidelity & Bitcoin Mining, UK Mulls CBDC + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain newsThree major telcos, Deutsche Telekom, Telefónica, and Vodafone said they have finalized a trial automated...

, by Linas Kmieliauskas

# Adoption (Page 161)

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