Tag: Adoption

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Visa and FTX Partner to Launch Debit Card in 40 Countries – Here’s What You Need to Know

Payments giant Visa and crypto exchange FTX have inked a partnership to allow crypto holders from 40 countries to spend their digital assets when shopping. … Read More: Visa and FTX Partner to Launch Debit Card in 40 Countries – Here’s What You Need to Know  Read more »Sign up for e-EUR – the progressive stablecoin

Grayscale Investments Announces New Bitcoin Mining Venture

Grayscale Investments, the world’s largest crypto assets manager, has announced the creation of a new entity called Grayscale Digital Infrastructure Opportunities LLC (“GDIO”) that will focus on Bitcoin mining infrastructure investments. … Read More: Grayscale Investments Announces New Bitcoin Mining Venture  Read more »Sign up for e-EUR – the progressive stablecoin

Global Bitcoin adoption is ‘still in its infancy,’ but here’s how it might accelerate

Rome wasn’t built in a day, and it will also take some time for every country on Earth to adopt BTC. Bitcoin (BTC) adoption by governments and companies remains a dubious question and the “digital gold” thesis proposed by advocates faced harsh critics after Tesla sold 75% of its holdings in the second quarter of 2022. …
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More than 30% of Canadians plan to purchase crypto by 2024, says OSC head

Ontario Securities Commission CEO Grant Vingoe said the regulator planned to release a report in October which included crypto adoption rates in Canada. Grant Vingoe, chief executive officer of the Ontario Securities Commission, reiterated the regulator’s technology-neutral stance on crypto while saying many Canadians planned to become HODLers in the near future. In a keynote…
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McDonald’s Starts Accepting Bitcoin and Tether in Lugano, Switzerland

Plan ₿ Foundation, a joint initiative between the Swiss City of Lugano and USDT stablecoin issuer Tether, announced a collaboration with payment facilitator GoCrypto to officially bring Bitcoin (BTC), Tether (USDT), and LVGA payments to Lugano – enabling citizens to use their wallets at McDonald’s and other merchants. Per a press release shared with Cryptonews.com, as of Tuesday,… Read More:…
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South Carolina treasurer goes on Bitcoin ‘fact-finding trip’ to El Salvador

The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs. Curtis Loftis, the treasurer for the U.S. state of South Carolina, spent five days in El Salvador as part of an “exploratory trip” on cryptocurrencies. According to an Oct. 5…
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Russia Allows International Trade in Cryptocurrency for Any Industry

The Finance Ministry of Russia is looking to facilitate a more accommodating cryptocurrency policy, as it plans to permit the use of digital assets for international settlements in any industry without restrictions. The Russian Ministry of Finance acknowledges the growing significance of cryptocurrencies within transcontinental country as its offenses against Ukraine bring stricter restrictions on…
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Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network’s P2P Market to Enable Toncoin Trade on Telegram + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network’s P2P Market to Enable Toncoin Trade on Telegram + More News  Read more »Sign up for…
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NYDIG Bets Big on Bitcoin – $720 Million Raised for its Bitcoin Fund

NYDIG, the digital assets-focused subsidiary of financial services firm Stone Ridge, has raised approximately $720 million for its Institutional Bitcoin Fund.  According to a Form D filing made with the SEC, around 59 investors contributed more than $12 million on average to the raise. The filing however revealed that the SEC had not “necessarily” validated the…
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The Post-Terra Era: Incentivising Innovation and Longevity Through Regulation

Vincent Chok is the CEO of First Digital Trust, a Hong Kong-based technology-driven financial institution powering the digital asset industry and servicing financial technology innovators including blockchain clients, payments companies, and virtual banks.__________… Read More: The Post-Terra Era: Incentivising Innovation and Longevity Through Regulation  Read more »Sign up for e-EUR – the progressive stablecoin