Adoption News

In digital finance, crypto adoption means the growing acceptance and integration of cryptocurrencies like Bitcoin, Ether, and others into mainstream economic systems, businesses, and everyday life. Essentially, as more individuals and organizations embrace these digital assets, it demonstrates the increasing trust and value in cryptocurrency adoption across global markets.

In this section, readers will find different aspects of this journey. Whether it’s about renowned companies recognizing and investing in the potential of digital currencies, countries exploring their stance on Bitcoin adoption, or notable fintech giants carving their space in the crypto world, the news encapsulates every stride towards greater acceptance. From institutional perspectives to individual consumer trends, and from global giants like Mastercard to nation-specific narratives like El Salvador’s monumental steps, delve into stories that paint the evolving canvas of digital currency adoption worldwide.

Latest Adoption News

With the right tools, Solana can be the incubator for defi 2.0 | Opinion

To stimulate greater engagement throughout the ecosystem we need to introduce staking mechanisms that don’t force users to make the impossible choice between returns and voting power.

2 days ago

User-friendly interfaces are a must for mainstream adoption of web3 | Opinion

In order for web3 dapps to follow this path we need well-designed interfaces that simplify interactions, making them intuitive, accessible, and user-centric.

1 week ago

XREX receives approval for crypto payment services in Singapore

XREX, a crypto exchange in Asia focusing on cross-border payments, has secured in-principle approval for a Major Payment Institution (MPI) license in Singapore. On Nov. 17, XREX announced on X (formerly Twitter) that it had received initial approval from the…

2 weeks ago

Binance and Gulf Energy to open crypto exchange in Thailand

Binance is set to publicly launch a crypto exchange in Thailand in early 2024 in partnership with the local energy powerhouse Gulf Energy Development. According to a filing with the Stock Exchange of Thailand on Nov. 15 by Gulf Energy,…

2 weeks ago

CBDCs could eventually replace cash, IMF indicates

The IMF says that state-issued digital currencies can replace cash, which is costly to distribute in island economies. While the adoption of central bank digital currencies (CBDCs) is nowhere close, they can eventually replace cash, which is “costly to distribute…

2 weeks ago

JPMorgan’s digital token JPM coin eyes $10b daily transactions

JPMorgan’s JPM Coin, processing $1 billion daily, is projected to handle up to $10 billion in transactions within the next year. The bank’s global head of payments for financial institutions, Umar Farooq, announced this estimate. Farooq said he expects transactions…

2 weeks ago

Nobel’s charity trust to lobby CBDCs with new initiative

A newly formed organization will begin a dialogue among central banks to support adapting technical standards of different CBDC solutions. The Nobel Sustainability Trust (NST), a charity established by the members of the Nobel family, is set to push the…

November 13, 2023 at 11:42 am

Ready for changes? Anticipating the web3 revolution in 2024 | Opinion

The evolution of web3 is not in isolation; it adapts to regulatory frameworks and boldly explores cross-chain operations, diligently paving the path for further innovation.

November 12, 2023 at 1:48 pm

Ripple Payments expands its business to 70 markets

Ripple, a blockchain company, has expanded the coverage of its Ripple Payments payment network to 70 markets. According to the blog, with the expansion, Ripple will further optimize the efficiency of cross-border payments using the blockchain. Moreover, the service will…

November 8, 2023 at 8:54 am

Retail and e-commerce lead crypto adoption, new study reveals

A study by crypto tax software CoinLedger found that the retail and e-commerce industries have the largest number of companies offering to purchase through cryptocurrency. The study, received by crypto.news, compiled a list of more than 300 large companies. It turned…

November 7, 2023 at 7:50 am

Zero-knowledge proof investments surge as practical use cases emerge

A new report finds zero knowledge proofs are transitioning from niche research projects to major real-world applications across sectors like finance, blockchain, and AI.

November 7, 2023 at 5:17 am

The landscape of crypto exchanges never stops changing | Opinion

This year could potentially mark the end of the ongoing bear market, but the current state of the crypto exchanges is unlike anything we've seen in crypto history.

November 4, 2023 at 11:24 am

Saudi Arabia’s NEOM partners with Animoca, eyes $50m deal

Animoca will develop web3 solutions and establish a hub in Saudi Arabia following the partnership with NEOM Investment Fund. Metaverse and blockchain gaming venture capital firm Animoca Brands has entered into a strategic partnership agreement with the NEOM Investment Fund,…

October 30, 2023 at 11:00 am

A decentralized revolution: Empowering the masses with home staking | Opinion

Home staking is crucial to the success and future of creating a more adoption-friendly web3 ecosystem.

October 29, 2023 at 11:12 am

Beyond the hype: Web3 is in dire need of a rebrand | Opinion

For web3 to reach its full potential and achieve widespread adoption, it's imperative that developers and designers prioritize UX.

October 28, 2023 at 11:19 am

Pioneers from Ripple, Mastercard, and Telegram discuss crypto adoption at Blockchain Life 2023

At the Blockchain Life conference in Dubai, leaders from Ripple, Mastercard, and Telegram delved into their crypto journeys, discussing challenges, user adoption, and the future of digital assets. The “Digital Assets: Financial Sector Issues and the Next Wave of Adoption…

October 24, 2023 at 1:18 pm