Crypto adoption is ‘inevitable,’ says Chicago mayor

The mayor of Chicago, Illinois, Rahm Emanuel, has seen the future and knows that it is going to include blockchains and cryptocurrencies. During a recent meeting on FinTech held in his city, he asserted that crypto is here and that wide-scale adoption is “inevitable.” Given the strides made by the crypto ecosystem in the past…

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Crypto Adoption In South Korea Continues To Grow With Kakao

South Korea is a country that delves into new and upcoming technologies all the time. In fact, the capital of the nation, Seoul has been ranked as the world’s ‘leading digital city’ and the ‘tech capital of the world’. Kakao is one of the biggest messaging apps in the country and with more than 44…

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This Week in Crypto: Over 3 million stores targeted for Massive XRP adoption, Forte and Ripple to Invest $100 Million On Mainstream Blockchain Games, Stellar (XLM) Gets Listed on Coinbase Pro And More

This week could be described as Ripple week. With so many significant happenings concerning the project, this is arguably the week with the most news on Ripple (XRP). In today’s summary, we have handpicked the most interesting of the stories for you to have a look and possibly go back to read the full stories….

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Ripple Kicks Off Multi-Million Dollar Push To Boost XRP And Mass Adoption

Ripple and XRP have been making headlines throughout 2018 which was not the best year for crypto, and they continue to do so. The two entities are bagging more partnerships, achievements and the digital coin has been listed on various important exchanges, with the latest one being Coinbase. Ripple has been making a lot of…

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Trust Revisited: The Evolving Stories Of Web3 Infrastructure

Blockchains involve trust. Should people trust them? Last week, I explored Cherie Aimée’s suggestion that if blockchain technology is to achieve mass adoption, people need to know they can trust blockchains. Since stories cultivate trust, I suggested that storytelling about the ecosystems that grow and nurture the technology could help encourage mass adoption. Now I…

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Over 3 Million: The Number Of Stores Targeted In the New Push For XRP Mass Adoption

The XRP community seems to be getting more enthusiastic by the day, with some groups even offering to pay for the furtherance of the network’s expansion. This time around, Wietse Wind is putting a cool 3,000 XRP bounty on the table for anyone worthy enough to grab. The Bounty Wietse Wind is the founder of…

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LTC Boosts Adoption, TRON CEOs Predictions & XRP to leave Coinbase

Another week, another crypto. This week has been an exciting one, even though the market has calmed down a bit from last weeks short bull run there’s still been a lot going on in the crypto space. This week saw Litecoin join the kickboxing world, the TRON CEO, Justin Sun giving his prediction on the…

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GAP600 CEO Daniel Lipshitz: Bitcoin SV can reach global adoption

If it wasn’t easy enough already, it’s become even easier to spend Bitcoin SV (BSV) quickly and securely. GAP600, a world leader in cryptocurrency payment transaction enablement, announced on February 21 that they will add support for BSV. With that support, BSV transactions can now be analyzed in real time for risk, and as a…

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Cyprus SEC calls for the adoption of EU AML laws for crypto

The Cyprus Securities and Exchanges Commission (CySEC) has proposed the transposition of the EU’s Fifth Anti-Money Laundering Directive (AMLD5) into national law. With this, the regulator intends to bring the crypto industry in the country under the law. CySEC cited the ambiguity in local regulations as one of the key reasons for the proposal. Stakeholders in…

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Bitcoin (BTC) Resurgence, Adoption and Regulator Shift Likely Triggers

  Bitcoin prices up 8.3 percent in the last week Adoption levels could be pumping prices Transaction volumes on the rise   Good news is bulls are back. Even with increasing prices, investors and traders have their eyes set on adoption trends. Encouragingly, adoption is on the rise, and now that our previous Bitcoin (BTC)…

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China’s new framework helps blockchain adoption in agriculture

Authorities in China recently announced the release of a new regulatory framework dubbed “Guiding Opinions on Rural Service Revitalization of Financial Services.” According to the official announcement made on Feb. 11, the new framework is aimed to help improve the efficiency of financial services for rural revitalization programs. Five authorities in China came together to…

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Two Investment Firms Launch ETF Tracking Cloud Computing and Blockchain Companies

United States-based Investment management firm AdvisorShares and investments advisory company Sabretooth Advisors will jointly launch an exchange-traded fund (ETF) that tracks tech companies, including those involved with blockchain and cloud computing, MarketWatch reported on Feb. 6. ETFs are marketable securities that track a basket of assets proportionately represented in the fund’s shares. ETFs are offered…

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New Regulatory Framework for Digital Asset Token Offering Introduced in Philippines

The Philippines has introduced a new set of rules governing Digital Asset Token Offering (DATO), according to a press release published by the Asia Blockchain and Crypto Association (ABACA) on Feb. 4. The new regulations released by the country’s Cagayan Economic Zone Authority (CEZA) are reportedly designed to regulate the cryptocurrency industry and protect investors,…

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JPMorgan Notes Marginal Improvements to Payment System With Blockchain Technology

Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reports on Jan. 29.   JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global payment system, but it will provide marginal improvements. The most meaningful impact will probably be three…

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US Blockchain Firm Introduces Wallet for Digital Assets and Securities

San Francisco-based blockchain firm TokenSoft has rolled out a beta version of its wallet for digital assets and digital securities, according to a press release published on Jan. 29. The new product called Knox Wallet provides cold storage and a self-custody platform for managing multiple assets, including both cryptocurrencies such as Bitcoin (ETH) and Ethereum…

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Deutsche Börse, HQLAx Report ‘Significant Progress’ on Blockchain Securities Lending Platform

Major global securities marketplace Deutsche Börse has reported it is “making significant progress” on its blockchain-based securities lending platform, according to an official press release on Jan. 29. The platform is being co-developed by the German securities marketplace and Luxembourg-based blockchain liquidity management platform, HQLAx. According to the press release from Deutsche Börse, six banks…

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New Hampshire Bill to Allow Tax Payments in Bitcoin

Bitcoin can be used to pay for a pizza, Rolex watches, and even flights. Now, pretty soon in New Hampshire, you may be able to use the flagship cryptocurrency to pay your taxes, according to Finance Magnates. New Hampshire has joined the growing list of US states looking to pave the way to allow virtual…

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Binance Declines to Confirm Locations for Reported Crypto-Fiat Exchange

Major crypto exchange Binance plans to expand to eight new countries in 2019, according to a report from crypto outlet The Block, Jan. 17. Following the report, a Binance spokesperson has declined to confirm six of the alleged locations in comments to Cointelegraph today, Jan. 18. Just a day after the major cryptocurrency exchange launched…

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Blockchain Featured in Big Four Firm Deloitte’s Annual Tech Trends Report

Blockchain is featured as a disrupting technology in the Tech Trends 2019 report published by Big Four audit and consulting firm Deloitte on Jan. 16. According to one article in the report, “[a]dvanced networking is the unsung hero of our digital future,” and blockchain is cited as a part of it. The report — which…

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Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018

Major cryptocurrency payment service provider BitPay has reported $1 billion in transactions this past year, according to a press release Jan. 16. According to the report, the company also set a new record for itself in terms of transaction fee revenue. Among major new customers this past year, BitPay named Dish Networks, HackerOne, and the…

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