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Search Results for: crypto adoption

Chinese State Workers Convert Digital Yuan to Cash Amid Adoption Challenges

Reportedly certain state Chinese workers who are paid in “e-CNY” or digital yuan hardly use it and have been changing it to physical cash, implying that China’s digital currency initiative is still in its early stages and has significant challenges. Some Chinese localities have started paying state personnel in the

May 13, 2024 1 min read

IMF Pushes for Licensing Crypto Exchanges for Economic Overhaul in Nigeria

One component of Nigeria’s economic reform package is a recommendation from the International Monetary Fund (IMF) to license international crypto exchanges. A recent report by the International Monetary Fund states that the goal of Nigeria’s effort to include crypto into its financial system is to solidify the country’s position in

May 10, 2024 1 min read

M20 Chain’s MCard: The Key To Bridging Cryptocurrency With Everyday Spending

In the quest to bring cryptocurrency into mainstream daily use, M20 Chain has introduced a transformative tool: the MCard. This innovative payment solution is designed to bridge the gap between digital currencies and everyday transactions, making it possible for users to spend their cryptocurrency as effortlessly as traditional fiat money.

May 10, 2024 3 mins read

Crypto Whale with $20,000,000 Meme Coin Portfolio Makes Interesting Move, Dumps Pepe Coin (PEPE), Shiba Inu (SHIB) for Solana-Based Coin with Under $100,000,000 Market Cap

Not many things draw investors’ attention, like a big move in a crypto whale’s portfolio. Keeping a close watch on market developments and new prospects, these influential individuals significantly influence how digital assets develop. An anonymous crypto whale recently caused a stir in the market by selling their holdings in

May 10, 2024 5 mins read

BEFE Coin: The Meme Hype Token Fueling Enthusiasm in Cryptocurrency

BTC has recorded an 11.6% weekly uptrend, and it currently trades at around $63,000. As Bitcoin gears up for a price uptrend, the entire crypto market is shaping up for a bull run. While many altcoins are also taking positions to capitalize on the Bitcoin rally, as always, memecoins are

May 9, 2024 2 mins read

Nigeria Set to Ban P2P Crypto Trading on All Platforms

Nigeria has intensified its crackdown on cryptocurrency trading in the country’s currency, the naira, to combat what it perceives as detrimental effects on the struggling local economy. The Securities and Exchange Commission (SEC) has announced plans to implement new regulations targeting crypto exchanges and other sectors of the industry. The

May 7, 2024 1 min read

Infrastructure Is the Key to Mass Adoption” Gate.io Founder Dr. Han at ‘Token2049 Gate.io VC & Web3 Ecosystem Party

Gate.io, a top crypto exchange and Web3 innovator, and Huawei Cloud, a leading cloud computing provider delivering cutting-edge Web3 infrastructure, successfully co-hosted the ‘Token2049 Gate.io Exclusive Night VC & Web3 Ecosystem Party’ side event on April 19 at TOKEN2049 Dubai. Hundreds of guests attended the event, which featured speakers from

April 24, 2024 3 mins read
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