#adoption News

United States Global Blockchain Earth Cryptocurrency Flag Red White Blue

U.S. Crypto Businesses to Benefit From New Joint Supervised Regulation

September 16, 2020 by Anthonia Isichei at Regulation

Cryptocurrency firms and fintech companies in the United States will start to enjoy a less cumbersome registration process with reduced cost, following a new unifying rule. One Rule, Cheaper Costs According to Reuters on Tuesday (September 15, 2020), the Conference of State Bank Supervisors (CSBS) announced a new regulatory strategy...

Huobi’s DeFi Alliance Welcomes 10 New Members, Including Aave, Curve, Synthetix

September 15, 2020 by Osato Avan-Nomayo at DeFi

Aave and Curve are the among the latest batch of decentralized finance (DeFi) giants to join the Huobi-backed DeFi Alliance. The DeFi landscape continues to see sustained growth with more projects emerging consistently. Aave, Balancer, and CoinGecko Swell DeFi Alliance’s Ranks According to Singapore-based blockchain media outlet Blockcast, Huobi DeFi...

Nigerians Using Bitcoin for International Trade Despite Regulatory Uncertainties

Nigeria: SEC Proposes 3-Point Agenda for Crypto Regulation

September 14, 2020 by Osato Avan-Nomayo at Regulation

The days of uncertainty over crypto regulations in Nigeria may soon be at an end with regulators in the country set to examine laws and guidelines to govern the nation’s token economy. Nigeria SEC Sets Sight on Crypto Regulation In a communique published on Monday (September 14, 2020), the Nigeria...

U.S. Set to Compete with China on Global Blockchain Dominance

September 10, 2020 by Osato Avan-Nomayo at Blockchain

China may be seeing more competition in the global blockchain scene with the U.S. government making moves to improve the country’s competitiveness in emerging technologies. US-China Tussle Goes Blockchain The U.S. Congress is reportedly set to consider a new bill targeted at blockchain. According to Forbes, a bipartisan piece of...

There are now 40 million #Ethereum addresses holding #ETH

Ethereum Whale Count Grows Amid Price Decline

September 8, 2020 by Osato Avan-Nomayo at Ethereum

More Ethereum (ETH) whale wallets have emerged over the past few days despite the over the 30 percent decline in the spot price. 68 New Ethereum Whale Wallets Emerge It appears the optimism of big-money crypto players has not been dampened by the recent market selloff. Tweeting on Sunday, cryptocurrency...

Kazakhstan in talks on $700 million in cryptocurrency mining projects

Kazakhstan Plans to Pump Over $700 Million in the Crypto Mining Sector

September 2, 2020 by Anthonia Isichei at Regulation

Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced the government’s interest in investing $714 million in the crypto...

Coinbase Set to Deliver Token Launcher for Crypto Firms

September 2, 2020 by Osato Avan-Nomayo at Blockchain

U.S. crypto behemoth Coinbase appears set to expand its suite of cryptocurrency services with a token launch platform for startups. In recent years, the Menlo Park-based outfit has risen from simply being an exchange to offering a wide variety of services including custody. Coinbase Developing Token Launch Service Brian Armstrong,...

Flight Delays Can Now Earn You Bitcoin in Bulgaria, Here’s How

August 19, 2020 by Shaurya Malwa at Bitcoin

A tech firm is touting Bitcoin payments on flight delays and cancellations, as per the blog post this week. Bitcoin for Flight Delays Bulgarian tech firm Colibra will pay Bitcoin to stranded travelers and vacation hopefuls if they end up getting stood up by the airlines they are traveling with....

Grayscale Investments Announces Approval of Public Quotations for Eligible Shares of Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust

Grayscale Commences Public Trading for Bitcoin Cash (BCH) and Litecoin (LTC)

August 18, 2020 by Anthonia Isichei at Altcoins

Grayscale Investments revealed its Bitcoin Cash Trust (BCHG) and Litecoin Trust (LTCN) are available for public trading. The move comes after the crypto hedge fund giant obtained Depository Trust Company (DTC) eligibility for the two products. Bitcoin Cash and Litecoin Shares Available to the Public The leading asset management company...

PayPal Picks Paxos to Supply Crypto for New Service,

Report: Paxos Chosen As PayPal Partner for Crypto Services Offering

July 20, 2020 by Shaurya Malwa at Bitcoin

Payments giant PayPal has chosen Paxos to handle digital assets for the upcoming (yet unconfirmed) crypto offering, CoinDesk reported Monday. PayPal the Biggest Financial Firm to Onboard Crypto? Coindesk said “two people familiar with the matter” told the publication that PayPal users will soon have access to crypto services; including...

With the New Casa Bitcoin Cold Storage Wallet Hackers Stand no Chance

Social Activists Can Now Tap Bitcoin Donations via Casa Wallets

July 16, 2020 by Shaurya Malwa at Bitcoin

Bitcoin security firm Casa has partnered with the International Human Rights Foundation, a social body that fights abuse around the world. The partnership sees Bitcoin education, donations, and security. Bringing Bitcoin to Social Causes Casa, a security firm that offers bitcoin wallet products, announced yesterday its partnership with the Human...

South Korean Banks to Utilize Blockchain for Digital ID

Bank of Korea Acquires Samsung-backed Blockchain Authentication Certificate System

July 13, 2020 by Osato Avan-Nomayo at Blockchain

South Korea’s central bank has signed a memorandum of understanding (MoU) with the country’s Financial Settlement Service to take over the management of BankSign; a blockchain authentication certificate service. Central Bank Acquires BankSign According to The News Asia, the move is the latest step by the Bank of Korea (BOK)...

VeChain Is Attending the World Artificial Intelligence Conference 2020 Hosted By Shanghai Municipal People’s Government

VeChain CEO Sunny Lu Delivers Keynote at World AI Conference; ToolChain to Enable Blockchain Mass Adoption

July 10, 2020 by Anthonia Isichei at Altcoins

The CEO and Co-founder of Singapore-based blockchain project VeChain, Sunny Lu, in his keynote address at the 2020 World Artificial Intelligence Conference (WAIC) stated that the company’s mission was to promote the widespread use of blockchain via the ToolChain platform. Mass Adoption of Blockchain Technology is the Goal for VeChain...

bitcoin being exchanged between two people

Washington DC Bar Association Greenlights Crypto for Payment of Legal Fees

July 1, 2020 by Osato Avan-Nomayo at Regulation

The Washington D.C. Bar Association has released an ethics opinion to its members indicating that payment of legal fees using cryptocurrencies will be accepted. Using cryptos as a payment method for legal fees has been okayed by the bar association as long as professionals charge fair fees and consider market...

Smartphone with Ripple coming out of the screen

UnionBank Collaborates With Ripple Partner to Offer Remittance Services to the Unbanked

June 23, 2020 by Anthonia Isichei at Altcoins

The UnionBank of the Philippines, one of the Philippines’ major banks, partnered with a cryptocurrency remittance platform and Ripple partner, Coins.ph, to introduce a cash-out network to enable make it easier for citizens to send money abroad. UnionBank and Coins.ph to Provide Financial Access to the Unbanked According to a...

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