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Search Results for: crypto adoption

VeChain Partners With TruTrace For Wider Blockchain Adoption

In late August of 2022, the corporations declared they will be working together. VeChain shared news of a collaboration with SaaS provider OrionOne. A recent tweet revealed the sectors that VeChain and TruTrace would be working with to bring blockchain technology. TruTrace is a Canadian software as a service (SaaS)

September 27, 2022 2 mins read

How Investors and Traders Can Best Deal With Crypto Volatility

Any investment that a person might be interested in making will have its own level of risk associated with it. What this means is that there is never a 100% guarantee that investment can turn in your favor. This is also the case with cryptocurrency investments as well, where the

September 26, 2022 6 mins read

United Kingdom Proposes Bill For Easy Crypto Seizures

 In June, the Met was able to confiscate a total of $158.0 million. Particularly enthusiastic about crypto adoption was the previous British government. To combat cybercrime, money laundering, and “foreign kleptocrats,” the Economic Crime and Corporate Transparency Bill was tabled in the United Kingdom’s parliament on Wednesday to strengthen police

September 23, 2022 1 min read

Russia To Legalize Crypto For Cross Border Payments

The Russian Ministry of Finance and its central bank have agreed on a proposed law. Crypto mining should be restricted to areas with plenty of available electricity. According to a report from the Russian news agency Tass. The Russian Ministry of Finance and its central bank have agreed on a

September 22, 2022 2 mins read

Japanese Investment Bank Nomura Launches Crypto Investment Arm

The Nomura Holdings, a behemoth of the Japanese investment banking industry, has announced its entry into the cryptocurrency market. With a flurry of “new services and product lines” expected to debut over the next several months. Nomura is not just one of Japan’s oldest but also one of its biggest

September 22, 2022 2 mins read

Colorado Now Accepts Cryptocurrencies For Tax Payments

There are extra costs add to the payments for using the platform. The announcement that Colorado will begin accepting crypto was made in February. The crypto sector has made great strides in the last two years. Ideas underpinning cryptocurrencies have been around for much longer. Moreover, the asset class has

September 20, 2022 1 min read

Crypto Miners Peer to Alternative As Ethereum Merge Completed

Ethereum (ETH), the second-largest cryptocurrency by market capitalization converted from the Proof of Work (PoW) mechanism to the Proof of Stake (PoS) mechanism on September 15. Following that, Vietnam’s cryptocurrency miners faced significant losses with their mining equipment as it turned off, as per the recent report.  According to recent

September 19, 2022 2 mins read

Dubai’s 5-Star Hotel Palazzo Versace Now Accepts Crypto

Palazzo Versace Dubai, a five-star hotel in Dubai, now accepts cryptocurrency payments for rooms, meals, and spa services. Payments made by Bitcoin, Ethereum, or Binance Coin (BNB) from guests will be handled via the Binance platform. Moreover, the 146-room, ultra-luxury resort in Jaddaf Waterfront announced in a press release that

September 19, 2022 2 mins read

Vietnam Once Again on Top in Adoption of Digital Assets

Vietnam was given a perfect score of 100 after applying ranking methodology. 21 percent of Vietnamese consumers have used or owned digital assets at some time. Adoption of digital assets has slowed in the previous 12 months owing to the crypto winter, according to Chainalysis‘ new research, “The 2022 Global

September 18, 2022 1 min read

Bank of America Suggest Wider ETH Adoption After Merge

The date range for “the merge,” as the event is being called, is September 15th to the 20th. Investors who are restricted from acquiring PoW-based crypto may be free to acquire ETH. According to a Bank of America study, institutional investment in cryptocurrencies may increase after the forthcoming Ethereum Merge

September 12, 2022 2 mins read