The first Russian bank to have added the country’s central bank digital currency (CBDC) to its mobile application is VTB. The bank is currently testing the integration of the digital ruble with…
Category: Crypto adoption
Chinese Central Bank Exec Claims Digital Yuan To Offer ‘Controlled Anonymity’
Yi Gang, the governor of the Chinese central bank, gave a speech at Hong Kong Fintech Week, where he talked about the progress of the digital yuan. During the speech, the governor…
Adoption For Cryptocurrencies In Ireland Has Drowned More Than 16% In 2021
Towards the end of 2020 when the cryptocurrency industry started to blossom, crypto adoption rose tremendously on a global scale. The adoption level for cryptocurrencies continued rising throughout the first half of…
ECB Steps in with Banks Dipping their Toes in the Crypto Pool
On Wednesday, the European Central Bank (ECB) said that it would work on harmonizing how banks would offer crypto assets to their clients. The ECB stated that it would ensure that banks…
Venezuela Takes The Third Spot In Countries With Crypto Adoption
While countries in Latin America have turned out to be quite ‘crypto friendly’ for the most part, one of the first countries that adopted a pro-crypto stance was none other than Venezuela….
Balenciaga US Stores to Introduce Crypto Payments Starting June
Balenciaga’s top stores in Beverly Hills’ Rodeo Drive and New York’s Madison Avenues will allow customers to pay in BTC and ETH from June. Fashion brand Balenciaga launches ETH and BTC payments…
U.S Senator Patrick Toomey Recommends Bill to Regulate Stablecoins
Senator Patrick Toomey proposes a new bill to monitor stablecoin issuers. The proposed bill seeks to offer stablecoin issuers federal licenses and offer assets disclosure. Several lawmakers in the U.S have introduced…
Privacy Tokens Soar Ahead of EU’s Vote on Money Laundering
Privacy tokens, which ensure anonymous cryptocurrency transfers, seem to soar before European Union votes on crypto money laundering. Approving the bill might mean a clampdown on anonymous payments and unhosted wallets. Top…
Russia Is Using Cryptocurrencies to Bypass Sanctions
ECB’s head Christine Lagarde voiced her worries on the situation, considering crypto a threat to the success of sanctions against Russia for invading Ukraine. Joe Biden and his allies in Europe will…
Crypto Weekly Outlook: Regulation Concerns Rise amid Volatility
Bitcoin touched the $42K highs on 9 March when United States President Joe Biden signed the crypto executive order. For now, the currency trades beyond $39K, within its dominance hovering at 42%…
Bitcoin, Shiba Inu, Ethereum Fall; Canada Certifies Binance
Bitcoin plummeted to trade under the $50,000 level, while Ethereum hovers with a 2.96% 24Hr loss. Dogecoin and Shiba Inu traded in red as Binance Coins noted gains. To cryptos took a…
AMC Becomes More Crypto Friendly than Ever by Accepting Dogecoin Payments
Crypto adoption has been the talk of the talk for quite a while and for good reason. More and more organizations are moving towards adopting crypto because of the high level of…
