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Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030
14.7.2022
The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. On the other hand, the cost is much lower than the target when cryptocurrencies...
UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption
11.7.2022
Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300%...
Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’
8.7.2022
Changpeng Zhao, the CEO of cryptocurrency exchange Binance, tweeted that he recently held meetings with the presidents of Senegal and Ivory Coast. The meetings are part of his initiative which is aimed at driving up the adoption of cryptocurrency in Africa and beyond. CZ’s Meeting With...
KuCoin Launches Key EUR Spot Trading Pairs to Boost European Crypto Adoption
29.6.2022
Europe is one of the significant proverbial battlefields for cryptocurrency to gain broader mainstream traction. Streamlining access to cryptocurrencies through EUR-based deposit methods is essential. KuCoin, one of the biggest crypto exchanges worldwide, will enable three key EUR spot trading...
Mass Crypto Adoption Will Change the Metaverse: Mushe (XMU) to the Rescue
22.6.2022
Since Vitalik Buterin co-founded Ethereum (ETH) in 2014, the crypto world has never been the same. The inception of this unique blockchain and its native cryptocurrency (ETH) spawned numerous DApss, and rightly assumed the position of the second-largest cryptocurrency by market capitalization....
Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says
13.6.2022
The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target
75% of retailers eyeing crypto payments within 24 months: Deloitte
9.6.2022
Improving customer experience, increasing the customer base and a hope their brand is perceived as “cutting edge” were the biggest reasons given for a desire to adopt crypto payments
Galaxy’s Novogratz Stays Optimistic on Crypto Adoption Even as Markets Languish
8.6.2022
Galaxy Digital CEO Michael Novogratz doesn't see as V-shaped market recovery occurring
Ugandan central bank U-turns on crypto welcoming firms to regulatory sandbox
6.6.2022
The bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions
Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide
4.6.2022
Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue...
SwissBorg, towards mass crypto adoption… without the gas fees!
3.6.2022
Swissborg has a very large French user base, over 170 000 users. It’s the reason why French was the first language we translated our app to, because we understand the importance of making investment decisions in your own language.
Our team also has several French members like our founder Cyrus...
Taco tokens: Chipotle adds crypto payments via Flexa
2.6.2022
Nearly 3,000 Chipotle restaurants across the U.S. will accept 98 cryptocurrencies as the Mexican-style fast food chain partners with Flexa to support crypto payments
Why the Crypto Industry in Indonesia Is Set to Leapfrog Competing Markets
27.5.2022
With over 270 million people, Indonesia is the fourth-most populous country in the world and its economy is one of the largest markets in Asia. It also has a large unbanked population, a receptive regulatory environment and additional factors making it stand out for crypto adoption. In the latest...
Huobi Global Acquires Latin American Crypto Exchange Bitex
27.5.2022
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most...
Former Binance Execs Create $100M Fund to Spur Crypto Adoption in Emerging Markets: Report
26.5.2022
A group of former executives of cryptocurrency exchange Binance have created a $100 million venture fund with a focus on the metaverse and bringing greater crypto adoption to Latin America and Africa
Developing countries love the Metaverse, rich nations not keen: WEF survey
26.5.2022
Developing countries have more than double the amount of people positive that the Metaverse will impact their lives and they'd use it daily in comparison to developed countries
Binance signs MOU with Kazakhstan to further crypto adoption and regulation
25.5.2022
Binance CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation
Accessibility is the main barrier to crypto adoption — Here are the solutions
15.5.2022
Cryptocurrency accessibility is inhibited by a lack of financial and crypto literacy created in part by the wealth gap, technostress and overuse of jargon
Chile puts CBDC plans on hold until end of 2022 to undertake more analysis
12.5.2022
Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates
11.5.2022
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion....