Adoption - Tag Archives - Cryptonews (Page 93)

‘Developing Economies’ Tracking El Salvador’s Bitcoin Moves with Interest

Conventional financial managers are still skeptical about El Salvador’s prospects of launching a new economic paradigm on the back of a forthcoming bitcoin (BTC) bond issuance. But other nations may be looking to the Central American nation with keen interest – hopeful of...

, by Tim Alper

Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + 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.____Taxes newsIndia won't allow losses incurred in a particular digital asset to be set off against income from another version of a...

, by Linas Kmieliauskas

Goldman Sachs Executed Cash-Settled Bitcoin Options Trade – Reports

Investment banking giant Goldman Sachs is “close to announcing” that it is the first major bank in the US to trade an over-the-counter (OTC) crypto transaction, per multiple reports. The bank traded a non-deliverable bitcoin (BTC) option – a derivative tied to...

, by Sead Fadilpašić

Malaysian Ministry Suggests Making Crypto Legal Tender To Promote It Among Youth

In a bid to enhance the financial inclusion of young people, the Malaysian Ministry of Communications and Multimedia has proposed to the country’s authorities to designate cryptoassets as Malaysia’s legal tender.Datuk Zahidi Zainul Abidin, Malaysia’s Deputy Communications...

, by Jaroslaw Adamowski

Spanish Crypto Adoption Increases, But Tax ‘Chaos’ Looms

Crypto adoption appears to be on the rise in Spain – but as tax season approaches, some have warned that failure to comply with the Treasury’s tax-related rulings could prove costly for newer and more seasoned Spanish crypto investors alike.Adoption spikeA recent report from the...

, by Tim Alper

Russia Tries to Replace Apple Pay and Google Pay with Gazprom Pay

Russian banks are continuing to ramp up the range of services they provide in a bid to continue providing their services outside the global banking networks they have been frozen out of after Russia invaded Ukraine.As previously reported, a number of Russian banks and their cards have been...

, by Tim Alper

Another Crypto Exchange Eyes Nasdaq, Polkadot’s Parallel Finance + 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.__________ Exchanges newsMaiCoin Group, which operates Taiwan’s largest crypto exchange, is considering going public on...

, by Sumejja Muratagić-Tadić

Sberbank, Others Granted Right to ‘Issue & Exchange’ ‘Digital Financial Assets’ in Russia

Russian regulators appear to be fast-tracking domestic companies’ efforts to become home-grown token exchanges – with the Central Bank approving the banking and IT giant Sberbank’s application to become an official “digital financial assets” (DFA) issuer.Back in...

, by Tim Alper

Freezing Russian Reserve Assets Marks End of Monetary Regime; Gold, Bitcoin to Rise – Arthur Hayes

The world’s current monetary regime effectively ended with the freezing of Russian foreign reserves by Western governments on February 26. In the new era, central banks will no longer save reserves in Western fiat currencies -- instead, turning to gold and bitcoin (BTC) as their...

, by Fredrik Vold

Elizabeth Warren Strikes Again, Ripple Promises XRP 1B in Grants + 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.____Regulation newsUS Senator Elizabeth Warren and a raft of Democratic co-sponsors today introduced a bill titled the Digital...

, by Linas Kmieliauskas

Worldcoin Pulls Out Of Numerous Countries Amid Data Privacy Concerns, Technological Challenges

Major crypto exchange Coinbase-backed startup Worldcoin has decided to stop operations in at least seven countries as a result of intensifying logistics challenges that are impacting the company’s launch plans.The company is advancing a project to distribute crypto to every person on...

, by Jaroslaw Adamowski

Ex-Regulator Tells US Senators That Crypto Can ‘Empower and Protect the Innocent’

United States Senators will hear testimony today on crypto and its role in the world of crime – but a former senior regulator has warned that politicians coming down too hard on the crypto sector risked throwing out the baby with the bathwater.The Senate’s Committee on Banking,...

, by Tim Alper

Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine

The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time...

, by Fredrik Vold

Blockchain Gaming Consortium, American Express & Crypto Trademarks + 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.__________Gaming newsBlockchain companies Galaxy Interactive, Republic Crypto, and Alameda Research are launching a consortium...

, by Sead Fadilpašić

NFTs Coming to Instagram in ‘Several Months’ as Metaverse is ‘Next Chapter of the Internet’ – Zuckerberg

Meta-owned major photo and video social network Instagram might start supporting “some” NFTs “over the next several months,” according to multiple reports, citing Meta CEO Mark Zuckerberg. He also stressed the importance of the metaverse for his company.In a...

, by Ruholamin Haqshanas

South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success

South Korean video game giants want to carve out a slice of the increasingly lucrative play-to-earn (P2E) crypto gaming pie – with heavyweight Neowiz set to drop a new crypto golf gaming title.As reported, South Korean gaming regulators have effectively blocked the domestic release of...

, by Tim Alper

# Adoption (Page 93)

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