Tagged: Crypto Adoption

February 14, 2024 @ 8:34 am By Omar Faridi  |  

Ripple, the enabler of enterprise blockchain and crypto solutions, announced that it has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets. The terms of the transaction were not immediately available. This move further underscores Ripple’s commitment “to regulatory… Read More

February 12, 2024 @ 6:04 pm By Omar Faridi  |  

Hong Fan, OKX President, notes that she’s pleased to announce a major milestone in OKX’s global expansion – they have officially launched our leading crypto exchange and Web3 services in Argentina. Given Argentina’s position as one of the “top” crypto markets in Latin America with… Read More

February 12, 2024 @ 8:23 am By Omar Faridi  |  

Kraken is reporting they have obtained a VASP registration from the Dutch Central Bank (DNB), as part of their European growth strategy. In a blog post, digital asset firm Kraken notes that this registration will allow them “to expand into an important European market and… Read More

February 10, 2024 @ 4:19 pm By Omar Faridi  |  

Bitso —the financial services company powered by crypto in Latin America— released the first edition of its Crypto Landscape in Latin America: Report H2 2023, in which it reveals the importance that “the use of blockchain and crypto assets have gained, both in the region… Read More

January 23, 2024 @ 6:55 am By Omar Faridi  |  

Crypto.com released its annual Crypto Market Sizing Report, showing that global cryptocurrency owners increased by 34% in 2023 – “rising from 432 million in January 2023 to 580 million in December 2023.” Similar to the previous year, this notable growth “continued despite several macro headwinds,… Read More

January 22, 2024 @ 6:01 pm By Omar Faridi  |  

Alchemy Pay, a payment gateway that connects crypto with traditional fiat currencies for businesses, developers, and end users, notes that the approval of the Bitcoin Spot ETF signifies a significant step “towards the enhanced institutionalization of cryptocurrencies, paving the way for bitcoin to reach a… Read More

January 22, 2024 @ 5:49 pm By Omar Faridi  |  

Worldcoin claims that it was created to help build a more human internet and a more inclusive digital economy. That ethos aligns with the founding principles of Friends With Benefits (FWB), a new kind of social network DAO working with creatives and builders “to platform… Read More

January 16, 2024 @ 3:11 pm By Omar Faridi  |  

OKX, a Web3 technology company, and Circle Internet Financial, a global fintech firm and issuer of USDC, unveiled a new ‘CCTP Cryptopedia Campaign,’ giving users who swap USDC across different blockchains on the OKX DEX aggregator the opportunity “to qualify for a share of a… Read More

January 14, 2024 @ 4:11 am By Omar Faridi  |  

Valmar Capital,  a digital assets multi-manager multi-strategy platform that brings together a broad array of crypto-strategies and emerging talent, has taken a look ahead to comment on key anticipated developments to watch in 2024. Valmar Capital, which says its approach is backed by institutional-grade infrastructure,… Read More

January 8, 2024 @ 7:34 am By Omar Faridi  |  

Bracket Labs completed a $2 million pre-seed fundraise round to support the launch of “Passage,” a volatility trading product available on the project’s BracketX trading platform. The debut of the range-bound product “makes trading long and short volatility entirely on-chain easy for traders of all… Read More

January 7, 2024 @ 4:54 pm By Omar Faridi  |  

Kyle Waters and Tanay Ved from Coin Metrics noted that digital assets rebounded sharply in 2023 as market conditions “improved across the board and institutional interest accelerated alongside the impending launch of a spot Bitcoin ETF.” Looking to 2024, there are a number of important… Read More

January 6, 2024 @ 8:11 am By Omar Faridi  |  

MultiBit, a dual sided bridge between EVM and bitcoin, has introduced Alchemy Pay’s On-Ramp solution on its website. This integration reportedly enhances user convenience, “enabling them to utilize their chosen fiat payment methods effortlessly to acquire $MUBI token on MultiBit’s platform. Furthermore, the $MUBI token… Read More

December 28, 2023 @ 6:28 pm By Omar Faridi  |  

After the launch of World ID 2.0 and the open sourcing of the Worldcoin iris recognition pipeline in mid December, World ID verifications are now “available in Singapore via the Orb, the project’s custom hardware device.” A full list of verification locations is available on… Read More

December 28, 2023 @ 8:55 am By Omar Faridi  |  

Cryptocurrency isn’t just here to stay – it’s the “future of money,” according to an update from Coinbase (NASDAQ:COIN). The largest crypto exchange in the US has outlined the status of digital assets while predicting a bullish future for crypto. Even in the aftermath of… Read More

December 23, 2023 @ 4:22 am By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and says it is the supporter of regulatory compliance, security and privacy, signed a Memorandum of Understanding (MOU) with six major charities in Singapore in order “to help facilitate the acceptance of… Read More

December 23, 2023 @ 3:34 am By Omar Faridi  |  

Binance recently revealed that it administered “a survey to better understand their users’ motivations and reasons for using digital assets.” Drawing on a sample of over 1,000 respondents, the Binance survey found “that nearly half (45%) listed earning extra income as their primary use for… Read More

December 22, 2023 @ 11:30 am By Omar Faridi  |  

Circle, a global financial technology firm and the issuer of USDC and EURC, has today announced receipt of a conditional registration as “a Digital Asset Service Provider (‘DASP’, or ‘Prestataire de Service sur Actifs Numériques’ (PSAN)) with the French Financial Markets Authority (‘Autorité des Marchés… Read More

December 15, 2023 @ 11:50 am By Omar Faridi  |  

Digital asset firm Gemini is introducing their 2024 Crypto Trend Report. Before they explore the innovation and “promise” they see on the horizon, Gemini thinks it’s important to reflect on a volatile and challenging 2023. As mentioned in a blog post by Gemini, reverberations from… Read More

December 14, 2023 @ 5:55 am By Omar Faridi  |  

Sygnum launches its inaugural institutional investor crypto survey report, Future Finance 23. The purpose of the research is “to accurately measure institutional crypto adoption, track trends over time, and profile the needs and challenges of future institutional crypto market entrants.” Key themes include: 40% of… Read More

December 12, 2023 @ 8:12 am By Omar Faridi  |  

Crypto exchange Binance, which recently agreed to pay a massive $4.3 billion+ as part of an unprecedented settlement with US regulators, is now preparing to leave the Russian market. The company will also end support for Ruble-based transactions due to regulatory challenges. Binance confirmed that… Read More