Category: Crypto Adoption



Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence


A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and off-ramp. Eastern European Fiat Support Echoes Regional Crypto Adoption Outside of North America and Asia, Eastern Europe commands one of cryptocurrency’s biggest communities of miners, […]



Experts: Regulatory Uncertainty and Slow Embrace Hampering Crypto Growth in Kenya


Regulatory uncertainty and the slow embrace of cryptocurrencies continue to be key impediments to the growth of Kenya’s digital currency market, experts say. They also assert that without speedy regulation, which they believe will hasten the adoption of digital currencies, Kenya’s sector will remain open to fraud. Kenya’s Embrace of Crypto Slow, Exchange Reps Point […]


Doge in Brooklyn: A Local Apparel Store Starts Accepting the Famed Crypto


On the heels of the SpaceX announcement that the company accepted dogecoin as payment, an apparel store on Brooklyn’s colorful Flatbush Avenue took the jump as well into the deep, cold Doge waters. Brick-and-Mortar Is Another Brick in the Crypto Adoption Wall Crypto adoption has been widely and thoroughly discussed in the media and on […]



Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked Populations


Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked PopulationsPayments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption in Emerging Markets Visa and Tala have formed a new partnership “to help underbanked populations participate […]


Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis


Two Major Hotels in a Touristic Spanish City to Accept Crypto Payments in the Wake of the Covid-19 CrisisSevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have joined the crypto adoption bandwagon by allowing customers to book rooms with digital assets. Hotels Will Receive 100% of Funds in Fiat Euros According to […]



Elon Musk Wants Coinbase to List Dogecoin as the Cryptocurrency’s Adoption Grows


Elon Musk Wants Coinbase to List Dogecoin as the Cryptocurrency's Adoption GrowsSpacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities like Mark Cuban. Elon Musk […]


Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users


Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million UsersAccording to a new study conducted by Crypto.com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million cryptocurrency users in January 2021. January’s Bitcoin Rally Accumulated a 15.7% Jump […]



Litecoin Attempts to Redeem Charlie Lee’s ‘Original Sin’ as LTC Markets Gain Momentum


Litecoin Attempts to Redeem Charlie Lee's 'Original Sin' as LTC Markets Gain MomentumGradual warming to cryptocurrencies by financial companies combined with both retail investments and institutional interest has carved the way for litecoin’s renewed momentum in 2021. Litecoin is Riding the Bull Market to its Next Resistance Level Litecoin had a challenging start. In late 2017 its founder, Charlie Lee, allegedly sold his entire bag of LTC […]


Retail Crypto Adoption Advances Amid Pandemic as Acceptance and Fungibility Broaden Value


While the rise in cryptocurrencies over the last year has been the source of excitement among advocates and consternation for its detractors, a look at prices alone hides the real value being unlocked within the ecosystem. Cryptocurrency’s Real Value Lies in its Use, Not Speculation With the pandemic weighing on the global economic outlook and […]


African Hip Hop Artist Davido ‘Thinking of Starting a Bitcoin Trading Company’


African Hip Hop Artist Davido 'Thinking of Starting a Bitcoin Trading Company'Popular Nigerian hip hop artist Davido has sparked off a buzz about crypto assets after tweeting about his intention to start a bitcoin trading company. With the short tweet, Davido becomes the latest African celebrity to express interest in starting a crypto business. Senegalese singer Akon is another prominent African personality to embrace crypto assets. […]


Publicly-Listed Air Purifier Manufacturer Adds Dogecoin as a Form of Payment Amid Token’s Popularity


Publicly-Listed Air Purifier Manufacturer Adds Dogecoin as a Form of Payment Amid Token's PopularityAs the so-called ‘meme coin’ is actively making the headlines within the crypto sphere, a publicly-traded company is joining the dogecoin frenzy. Kronos Advanced Technology announced they’ll start accepting dogecoin as one of its payment methods. Kronos Also Accepts Other Cryptocurrencies Such as Bitcoin and Ether According to the announcement, the Los Angeles-based firm is […]


Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto


Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From CryptoDespite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their cryptocurrencies on an exchange.” In contrast, 26% of the […]


Paypal’s Stock Soars to All Time High as Demand for BTC on the Platform Now More Than Supply of New Coins


E-commerce giant Paypal’s stock price surged to a new all-time high of $223.16 on Monday, December 14. Since November 12, when the payments giant opened the way for its US customers to start trading cryptocurrency, the stock has soared 17%. Paypal’s Turnaround The stock’s record-breaking performance comes after Paypal recently reported a drop in its […]

The post Paypal’s Stock Soars to All Time High as Demand for BTC on the Platform Now More Than Supply of New Coins appeared first on Bitcoin News.



Survey: 1 in 4 Senior Executives in Uruguay Have Used Cryptocurrencies


Survey: 1 in 4 Senior Executives in Uruguay Ever Used CryptocurrenciesA survey made in Uruguay across different business sectors revealed that 24% of the 49 senior executives (1 in 4) from companies in the country claimed to have used cryptocurrencies at any point in their lives. Senior Executives in Uruguay Reveal Their Level of Knowledge on Cryptocurrencies According to the consulting firm Price Waterhouse Cooper, […]

The post Survey: 1 in 4 Senior Executives in Uruguay Have Used Cryptocurrencies appeared first on Bitcoin News.


Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in Monero


Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in MoneroA 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR). 19-Year-Old Ukrainian Politician Discloses Its Monero Holdings Rostislav Solod, a newly appointed member of the city council in Kramatorsk, Ukraine, declared […]

The post Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in Monero appeared first on Bitcoin News.


Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes


Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New TaxesArgentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.5 million). At the same time, the country still faces a 35% inflation. Argentinean Senate Approves New Taxes, While Bitcoin Keeps Skyrocketing Against the Argentine […]

The post Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes appeared first on Bitcoin News.


Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace Digital Alternatives to the Dollar


Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace Digital Alternatives to the DollarA survey commissioned by Satoshilabs finds that from the 45.8% of American respondents that say they own cryptos, nearly all of them (95%) believe cryptos to be a genuine currency solution. In addition, about 31.7% of those surveyed see crypto as a legitimate alternative to the U.S. dollar, while 40% still slightly favor fiat cash. […]

The post Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace Digital Alternatives to the Dollar appeared first on Bitcoin News.


Is Spotify Looking to Add Crypto as Payment Method? This Job Offer Suggests It


Music and podcast streaming service Spotify posted a job offer that woke up interest in the crypto community, as it’s related to supporting cryptocurrencies for payments on the music platform, potentially. Spotify Is Treading Crypto Waters With a New Job Listing According to the job listing published on the talent acquisition platform Lever, the company […]

The post Is Spotify Looking to Add Crypto as Payment Method? This Job Offer Suggests It appeared first on Bitcoin News.


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