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Adoption

Adoption news: Stay informed on the latest trends and developments in the adoption of new technologies and financial systems.

Adoption

Adoption news: Stay informed on the latest trends and developments in the adoption of new technologies and financial systems.

Adoption   -   Dec 07, 2023 City of Lugano Implements Crypto Payments for Municipal Taxes and Fees
Lugano Plan B

As part of the city’s ongoing Plan ₿ to become the ‘European Bitcoin capital’ it has enabled a long-promised functionality for citizens to pay any invoice issued by the municipality in bitcoin or tether.

Regulation   -   Dec 06, 2023 SoFi Bows Out of Crypto Market Due to U.S. Regulatory Uncertainty
SoFi Bows Out of Crypto Market Due to U.S. Regulatory Uncertainty

Uncertainty about how U.S. digital asset laws will evolve leads FinTech SoFi to wind down its crypto market operations.

El Salvador Gives Regulatory Approval to Bitcoin-backed ‘Volcano Bonds’
Adoption   -   Dec 14, 2023 El Salvador Gives Regulatory Approval to Bitcoin-backed ‘Volcano Bonds’

The Digital Assets Commission has approved the country's long-promised Volcano Bond. The issue is expected in Q1 of 2024.

Sasha Markevich
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Adoption   -   Dec 14, 2023 El Salvador Gives Regulatory Approval to Bitcoin-backed ‘Volcano Bonds’
El Salvador Gives Regulatory Approval to Bitcoin-backed ‘Volcano Bonds’

The Digital Assets Commission has approved the country's long-promised Volcano Bond. The issue is expected in Q1 of 2024.

Sasha Markevich
Adoption   -   Dec 07, 2023 City of Lugano Implements Crypto Payments for Municipal Taxes and Fees
Lugano Plan B

As part of the city’s ongoing Plan ₿ to become the ‘European Bitcoin capital’ it has enabled a long-promised functionality for citizens to pay any invoice issued by the municipality in bitcoin or tether.

Jack Martin
Regulation   -   Dec 06, 2023 SoFi Bows Out of Crypto Market Due to U.S. Regulatory Uncertainty
SoFi Bows Out of Crypto Market Due to U.S. Regulatory Uncertainty

Uncertainty about how U.S. digital asset laws will evolve leads FinTech SoFi to wind down its crypto market operations.

Eva Senzaj Pauram
Adoption   -   Nov 29, 2023 Circle Partners SBI Holdings to Promote USDC Circulation in Japan
Usdc circle japan

The initiative will focus on USDC circulation within the country's regulatory framework, a banking relationship, and the promotion of Circle’s Web3 services.

Sasha Markevich
Scam   -   Nov 14, 2023 Crypto in Sweden: Violent Targeted Attacks and Sophisticated Scams
Sweden crypto crime

During 2023, Sweden's crypto enthusiasts have faced escalating violence and fraud, with high-profile armed attacks and elaborate scams targeting owners of digital assets.

Mathilde Adam
Adoption   -   Nov 04, 2023 HSBC Tokenizes Deposits in HK as Govt Plans New RWA Tokenization Regs
HSBC Tokenizes Deposits in HK as Govt Plans New RWA Tokenization Regs

Hong Kong officials have announced imminent plans for new regulation on tokenized real-world assets, just as HSBC and Ant Group start testing tokenized deposits in the Hong Kong Monetary Authority sandbox.

Jack Martin
Adoption   -   Nov 02, 2023 UK, Switzerland and Japan Partner with Singapore’s Project Guardian
UK, Switzerland and Japan Partner with Singapore’s Project Guardian

The Monetary Authority of Singapore’s real-world asset tokenization and DeFi initiative now counts the U.K. Financial Conduct Authority, Financial Services Agency of Japan, and Swiss Financial Market Supervisory Authority as partners.

Jack Martin
Adoption   -   Oct 25, 2023 Lies, Damned Lies, and Statistics: Who to Trust on Crypto Adoption?
Lies, Damned Lies, and Statistics: Who to Trust on Crypto Adoption?

In Coinbase’s ‘America Loves Crypto’ marketing campaign, the exchange claims that 52 million Americans, or 20 percent of the country’s population, own crypto. However, the Federal Reserve puts the figure at around 10%. So which (if any) is true?

Jack Martin
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