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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   -   Jul 06, 2023 Bitcoin Shrimp Keep Growing: Almost 7% of Tokens Now in Wallets < 1BTC
Bitcoin shrimp and whales

Data from Glassnode shows that Bitcoin Shrimp (holders of less than 1 BTC) continue to aggressively accumulate tokens at a rate of 33.4K BTC per month.

Adoption   -   Jun 28, 2023 U.S. Crypto Adoption Still Held Back by Lack of Knowledge: NBER Study
U.S. Crypto Adoption Still Held Back by Lack of Knowledge: NBER Study

A long-running study by the National Bureau of Economic Research found that overall crypto ownership rose from under 2% of the U.S. population to almost 12% between 2018 and 2022. However, among the most common reason given for not owning crypto was a lack of knowledge on the subject.

Bank of England Governor Andrew Bailey
Adoption   -   Jul 12, 2023 Avoid ‘Failure of Imagination’ on Enhanced Digital Money: BofE Governor

The Governor of the Bank of England told an audience that an inability to specify a precise detailed use case today was no reason to put off investigating the future potential of ‘enhanced digital money’.

Jack Martin
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Adoption   -   Jul 12, 2023 Avoid ‘Failure of Imagination’ on Enhanced Digital Money: BofE Governor
Bank of England Governor Andrew Bailey

The Governor of the Bank of England told an audience that an inability to specify a precise detailed use case today was no reason to put off investigating the future potential of ‘enhanced digital money’.

Jack Martin
Adoption   -   Jul 06, 2023 Bitcoin Shrimp Keep Growing: Almost 7% of Tokens Now in Wallets < 1BTC
Bitcoin shrimp and whales

Data from Glassnode shows that Bitcoin Shrimp (holders of less than 1 BTC) continue to aggressively accumulate tokens at a rate of 33.4K BTC per month.

Jack Martin
Adoption   -   Jun 28, 2023 U.S. Crypto Adoption Still Held Back by Lack of Knowledge: NBER Study
U.S. Crypto Adoption Still Held Back by Lack of Knowledge: NBER Study

A long-running study by the National Bureau of Economic Research found that overall crypto ownership rose from under 2% of the U.S. population to almost 12% between 2018 and 2022. However, among the most common reason given for not owning crypto was a lack of knowledge on the subject.

Jack Martin
Adoption   -   Jun 26, 2023 CA/Santander Asset Servicing Arm Registered Crypto Custodian in France
Caseis France

CACEIS Bank registered as a crypto custodian with French authorities, just before stricter regulations come into force for digital asset service providers.

Jack Martin
Adoption   -   Jun 25, 2023 JPMorgan Expands JPM Coin Use to Include Payments Denominated in Euros
JPMorgan Expands JPM Coin Use to Include Payments Denominated in Euros

After 4 years and $300 billion of dollar-denominated payments, the banking giant’s blockchain-based settlement system for institutional clients can now process euro payments.

Jack Martin
Adoption   -   Jun 17, 2023 Tencent Plans to Make Cross-Border Payments as Easy as Sending a Text
Tencent Wechat Weixin 1+1+1 Money 2020

The company also unveiled its “1+1+1” model, which aims to create an open global payment network, harnessing Chinese innovation to drive borderless payment.

Jack Martin
Adoption   -   Jun 13, 2023 Bank of China Issues First Tokenized Bank Notes on Ethereum in Hong Kong
Bank of China Issues First Tokenized Bank Notes on Ethereum in Hong Kong

The securities were originated by banking giant UBS and are governed by both Swiss and Hong Kong law.

Jack Martin
Adoption   -   Jun 07, 2023 Cboe Digital Gets Thumbs Up From CFTC to Launch Margin Crypto Futures
Cboe Digital Gets Thumbs Up From CFTC to Launch Margin Crypto Futures

The crypto arm of major options exchange Cboe has received approval to launch leveraged Bitcoin and Ether futures contracts from the U.S. commodities regulator.

Jack Martin
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