Tag: Adoption

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China: WeChat Searches for ‘Blockchain’ and A-Share Stocks Skyrocket

Stocks in Chinese blockchain A-share firms maxed out to their 10% daily limit after an endorsement of the technology from the highest echelons of power. Stocks in Chinese blockchain A-share firms maxed out to their 10% daily limit after an endorsement of the technology from the highest echelons of power. The stock market rally was…
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Crypto and Blockchain News From German-Speaking World: Oct. 20-26

Cointelegraph auf Deutsch presents a weekly digest of selected cryptocurrency and blockchain-related developments from the German-speaking world. The German-speaking world has seen an array of crypto and blockchain-related developments over the past week, with the Federal Ministry of Finance concluding that cryptocurrencies are hardly involved in money laundering and terrorist financing (TF), Bitwala integrating a…
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What Will Move Crypto Into the Institutional Realm?

As institutional investors move toward crypto, tight security is necessary. Facebook recently made its entry into the world of institutional blockchain and cryptocurrency with the announcement of Libra. It garnered so much attention that lawmakers in the United States are holding hearings to review the project. Walmart has been flirting with crypto and blockchain for…
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Tether Catching Up With BTC and ETH in Payments, Bloomberg Reports

Stablecoin Tether (USDT) has gained popularity as a payment method, catching up with Bitcoin and Ether according to a Bloomberg report. Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH). As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered…
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Bahamas to Release Fiat Digital Currency to Counter Cash Dependence

The Central Bank of the Bahamas is planning to release its own fiat digital currency in order to ensure the economy’s resilience in the event of a natural disaster. The Central Bank of the Bahamas (CBOB) is planning to release its own fiat digital currency in order to ensure economies’ resilience in the event of…
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Crypto Lending Platform Nexo Lowers Rates On Instant Credit Lines

Platform for instant crypto loans lowers borrowing rates on its credit line service after having secured long-term cost-efficient financing. Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines. Lowest rates in the blockchain ecosystem In a press release published Oct. 22, Nexo announced that it…
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Number of Americans Owning Crypto Doubled in 2019: Finder

Based on Finder’s survey of 2,068 Americans, 36.5 million people in the United States own some form of crypto to date. The number of Americans who own cryptocurrencies has almost doubled in 2019, from 7.95% in 2018 to 14.4%, according to a new survey by Finder. 36.5 million Americans own crypto Finder, an Australia-based financial…
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US CFTC Turns Its Fintech Lab Into an Independent Office in D.C.

CFTC chairman Heath Tarbert announced that LabCFTC will now operate independently from the agency and will be reporting to him directly. The United States Commodity Futures Trading Commission (CFTC) gives its fintech research unit LabCFTC status as an independent operating office. Blockchain and digital assets are an important part of development Established by the CFTC…
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Researchers Tell FDA: Provide Guidance on Blockchain for Food Safety

Global technology research firm ISG says that the FDA should guide on how to improve food safety with blockchain. A global technology research firm urges the United States Food and Drug Administration (FDA) to offer clear guidance on blockchain apps to improve food safety. Federal research needed FoodOnline reported on Oct. 21 that Alex Manders,…
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Security Numbering Association to Consider Standards for Digital Assets

The Association of National Numbering Agencies will assess the adoption of numbering standards for digital assets. A global association of national numbering agencies has set up a new task force to assess the adoption of name standards for digital assets. All types of tokens to be considered The Association of National Numbering Agencies (ANNA) will…
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