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Ex-Binance CEO chides Europe over crypto adoption


Changpeng “CZ” Zhao, the former CEO of crypto exchange Binance, said most European countries were moving “nowhere” in terms of the adoption of digital currencies.Speaking at the Token2049 conference in Dubai on April 30, Zhao said that areas of the United Arab Emirates were...

Ex-Binance CEO chides Europe over crypto adoption


Changpeng “CZ” Zhao, the former CEO of crypto exchange Binance, said most European countries were moving “nowhere” in terms of the adoption of digital currencies.Speaking at the Token2049 conference in Dubai on April 30, Zhao said that areas of the United Arab Emirates were...

Bitcoin could hit $210K in 2025, says Presto research head


Peter Chung, head of research at quantitative trading firm Presto, has repeated his prediction that Bitcoin (BTC) will reach $210,000 by the end of 2025.In an April 28 interview with CNBC, Chung cited institutional adoption and global liquidity expansion as the primary drivers behind his long-term...

Stacks Asia expands Bitcoin initiatives with Abu Dhabi partnership


The Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded educational initiatives.Stacks Asia has partnered with the Abu Dhabi Global Market (ADGM) —...

Stacks Asia expands Bitcoin initiatives with Abu Dhabi partnership


The Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded educational initiatives.Stacks Asia has partnered with the Abu Dhabi Global Market (ADGM) —...

US banks are ‘free to begin supporting Bitcoin’ — Michael Saylor


Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency.On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging...

Blockchain could be headed for ‘ChatGPT moment’ in adoption: Citigroup


Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup.“2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public sector...

Blockchain could be headed for ‘ChatGPT moment’ in adoption: Citigroup


Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup.“2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public sector...

Crypto, DeFi may widen wealth gap, destabilize finance: BIS report


The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS).In an April 15 report, the BIS warned that the number of investors and amount of capital in crypto...

Crypto, DeFi may widen wealth gap, destabilize finance: BIS report


The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS).In an April 15 report, the BIS warned that the number of investors and amount of capital in crypto...

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