Tagged: Crypto Adoption

August 12, 2026 @ 10:38 pm By Omar Faridi  |  

A cross-party group of United Kingdom parliamentarians has formally challenged various banks over their reluctance to provide accounts and related services to companies focused on cryptocurrency and digital assets. The move highlights ongoing friction that industry participants say threatens the sector’s ability to expand within… Read More

August 5, 2026 @ 9:10 am By Omar Faridi  |  

As the US Senate approaches its summer recess, attention remains fixed on the fate of the CLARITY Act, a major piece of digital asset market structure legislation. Bitwise Chief Investment Officer Matt Hougan has offered a measured perspective: while passage would represent the ideal outcome… Read More

August 5, 2026 @ 9:02 am By Omar Faridi  |  

Candidates supported by the cryptocurrency industry’s political action committee network advanced through key party primaries in Michigan and Washington on Tuesday, according to results reported by the Associated Press. Affiliates of Fairshake provided hundreds of thousands of dollars in independent expenditures to several of the… Read More

July 28, 2026 @ 7:53 am By Omar Faridi  |  

Storj Labs, the company operating a decentralized cloud storage network, has initiated a voluntary Chapter 11 bankruptcy proceeding as part of a planned financial restructuring. The filing took place on July 26, 2026, in the United States Bankruptcy Court for the Northern District of West… Read More

July 27, 2026 @ 2:12 am By Omar Faridi  |  

Efforts to advance major cryptocurrency legislation in the US Senate are encountering significant timing obstacles as lawmakers approach their summer break. Senate Majority Leader John Thune has indicated limited confidence in securing full passage of the Digital Asset Market CLARITY Act, commonly referred to as… Read More

July 19, 2026 @ 6:16 pm By Omar Faridi  |  

Federal banking and financial regulators have allowed the statutory one-year period for completing implementing regulations under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act to lapse without delivering finalized rules. July 18, 2026—one year after the law’s enactment—passed without the full set… Read More

July 18, 2026 @ 10:47 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) apperas to finally be taking concrete steps to fuse cutting-edge technologies with its established banking operations by elevating experienced professionals to specialized roles. This initiative highlights the institution’s focus on harnessing blockchain, cryptocurrencies, and artificial intelligence to enhance efficiency, innovation,… Read More

June 21, 2026 @ 10:28 pm By Omar Faridi  |  

Italian fintech company Conio has obtained a license to act as a crypto-asset service provider in accordance with the European Union’s Markets in Crypto-Assets Regulation, known as MiCAR. This authorization was issued in Italy after a thorough review process conducted by the securities markets regulator… Read More

June 19, 2026 @ 2:13 am By Omar Faridi  |  

A new study from Bank of America Private Bank reveals that increasing longevity, faster intergenerational business handovers, and evolving investment tastes are transforming financial strategies among affluent Americans. The 2026 Study of Wealthy Americans, which polled individuals holding at least $3 million in investable assets,… Read More

June 8, 2026 @ 12:53 am By Omar Faridi  |  

A recent survey by European digital bank bunq highlights a growing fascination with cryptocurrencies in the US, tempered by persistent barriers around knowledge, risk, and confidence in existing online investing platforms. Despite economic pressures encouraging alternative investments, only about one-third of Americans have dipped their… Read More

June 1, 2026 @ 12:52 am By Omar Faridi  |  

CoinGecko has indicated that the cryptocurrency landscape in 2025 and the first months of 2026 was marked by sharp price fluctuations and swift shifts in market narratives. As the overall sector showed signs of greater maturity through growing institutional involvement, certain areas like decentralized finance… Read More

May 27, 2026 @ 10:00 pm By JD Alois  |  

President Donald Trump took to Truth Social tonight to declare the US is now the crypto capital of the world while criticizing the previous leadership of the Securities and Exchange Commission during the Biden Administration. Former SEC Chair Gary Gensler sought to undermine digital asset… Read More

May 23, 2026 @ 8:25 am By Omar Faridi  |  

US dollar or Euro pegged stablecoins and regulated digital assets platforms such as Coinbase (NASDAQ:COIN), Gemini (NASDAQ:GEMI), and Kraken (under parent firm Payward) now decisively dominate US markets. Meanwhile, more speculative altcoins and associated decentralized projects, such as Cardano (ADA), EOS, and IOTA, have basically not made much noise during this past Bitcoin… Read More

May 23, 2026 @ 8:21 am By Omar Faridi  |  

Web3 referred to an evolving set of standards aimed at improving upon web2, which is a set of protocols and standards that make up the modern Internet. These standards include HTTP, TCP/IP, and various other online protocols through which internet traffic is running. But when… Read More

May 21, 2026 @ 7:56 am By Omar Faridi  |  

Dogecoin (DOGE) price remains flat at around $0.10 (after reaching over $0.30 a few years back) despite seemingly bullish ecosystem developments such as digital bank Revolut announcing it will launch a physical debt card with support for the memecoin. Interestingly, Dogecoin began as just a… Read More

May 20, 2026 @ 9:16 pm By Omar Faridi  |  

For many years, individual consumers and businesses operating in Pakistan have experienced considerable challenges when accessing basic financial services due to a lack of regulatory clarity and issues related to inadequate regulatory guidelines. However, this year has started off on a rather positive note with… Read More

May 12, 2026 @ 2:01 am By Omar Faridi  |  

Blockchain analytics firm Chainalysis has released new findings showing that crypto-based prediction markets have undergone steady expansion in recent months. Weekly capital inflows into these platforms have climbed sharply since September 2024, fueled largely by the U.S. presidential election cycle and continuing momentum into November…. Read More

April 27, 2026 @ 5:12 pm By Omar Faridi  |  

The cryptocurrency industry has entered a decisive new chapter. According to the latest industry analysis titled “The Year of Crypto 2026,” the dominant narrative has undergone a fundamental transformation. What was once defined by bold experimentation and speculative ventures has matured into a sector focused… Read More

April 24, 2026 @ 9:03 am By Omar Faridi  |  

Blockchain intelligence firm TRM Labs has released its latest Global Crypto Adoption Index for the first quarter of 2026, revealing a tempered but uneven landscape for retail cryptocurrency activity worldwide. According to the report, total retail crypto transaction volumes reached $979 billion during the period,… Read More

April 16, 2026 @ 2:41 am By Omar Faridi  |  

Coin Metrics explained in a blog post that on-chain vaults have solidified their role as essential infrastructure for yield generation and capital allocation. According to Coin Metrics’ latest State of the Network report, these tools function much like professionally managed funds or structured products, yet… Read More