Nigeria Issues Rules On Crypto Assets In A Move That Could Boost Adoption

The Securities Exchange Commission of Nigeria has issued new rules that apply to all crypto products and … [+] service providers in the country. The latest development could legitimize and boost the adoption of digital assets in this West African country. Getty Nigeria’s Securities Exchange Commission has issued new rules relating to the issuance, exchange … Read more

Prices Jump As California Begins Crypto Adoption Process

CryptocurrencyFinTechRegTech One of the largest economies in the world has officially started the process of adopting blockchain and digital asset technologies. The US state of California is the fifth largest economy in the world, with a gross domestic product (GDP) higher than the UK and behind only China, Japan and Germany. It is also home … Read more

Solving The “Sunrise Issue” Is The Key To Unlocking Mass Crypto Adoption

1651481196 Solving The Sunrise Issue Is The Key To Unlocking Mass

We’ve all been there. You see something, hear something, or feel something and want to share that feeling or observation with someone else. Do you pick up the phone? Send a text message ? Record a voice note? Humans thrive on our shared experiences: an engaging concert, the winning goal in a sports game, waking … Read more

Bitcoin Core: Despite Low Taproot Adoption, Developers Remain Optimistic – BeinCrypto

Bitcoin Core Despite Low Taproot Adoption Developers Remain Optimistic

Despite activating the update Taproot of Bitcoin in November 2021, data available on transactionfee.info indicates that only 0.37% of transactions are executed through this soft fork, compared to 85% for the Segregated Witness update, which was activated in August 2017. The Taproot update was activated in November 2021 by Bitcoin Core. Its developers promised a … Read more

Bitcoin Developers Not Worried About Weak Taproot Adoption Growth

Bitcoin Developers Not Worried About Weak Taproot Adoption Growth

Taproot is the biggest Bitcoin (BTC) upgrade since SegWit (Segregated Witness). A series of new features has been rolled out, including support for complex transactions involving multiple signatures, as well as the ability to make Lightning channels look like normal Bitcoin transactions. Source: Adobe/Downunderphoto Since its activation in November 2021, Taproot’s adoption hasn’t exactly taken … Read more

Bolt To Acquire Wyre, Accelerating Widespread Cryptocurrency Adoption

Industry-first one-click cryptocurrency payment will democratize global commerce for millions of merchants and buyers. MIAMI, April 7, 2022 /PRNewswire/ — Bolt, a leading payment and shopping network company, today announced its definitive agreement to acquire Wyre, a breakthrough cryptocurrency infrastructure provider. The acquisition, which is expected to close later in 2022, comes amid growing demand … Read more

Crypto Adoption Is Set To Go Widespread, According To New Report From Checkout.com

MIAMI, April 6, 2022 /PRNewswire/ — At the Bitcoin 2022 Conference in miami Today, the world’s leading payment provider Checkout.com launched its Demystifying Crypto: Shedding Light on the Adoption of Digital Currencies for Payments in 2022 reporthighlighting increasingly positive trends in the adoption and appetite for the use of digital currencies for e-commerce. The full … Read more

The Key To The Crypto Hiring Boom For Massive Adoption

The Key To The Crypto Hiring Boom For Massive Adoption

A recent trend in crypto hiring has confirmed an exodus of top talent from TradFi to the digital asset space, which will surely drive mass adoption. Meltem Demirors, Chief Strategy Officer of digital asset investment firm Coinshares, spoke at the start of last year about the likelihood of talent leaving TradFi: “Crypto will drain banks … Read more

Washington state introduces bill to expand blockchain adoption.

Washington state introduces bill to expand blockchain adoption

On Thursday, March 31, Washington Governor Jay Insleesigned a bill announcing that the Pacific Northwest state will study the benefits of blockchain technology in key industries. The bill passed in a creation of a working group on the blockchain The law requires the governor Inslee at form the “Washington Blockchain task Strength “. It’s a … Read more

Bitcoin Adoption In Developing Countries

Bitcoin Adoption In Developing Countries

Developing economies have increasingly embraced cryptocurrencies. Here is a review of bitcoin adoption in developing countries. While mainstream institutions in the developed world still view crypto with suspicion, these new financial instruments have fertile ground in developing economies. Bitcoin adoption in developing countries has increased dramatically in recent years, and El Salvador made history by … Read more