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Search Results for: crypto adoption

Major Giants Back Blockchain-Based Social Media For Widespread Crypto Adoption

Facebook has 2.89 billion users as of the last year, 2021. Meta plans to build the most prominent social media metaverse A lack of knowledge regarding blockchain and cryptocurrencies is the primary hurdle to widespread adoption. Social media companies are becoming involved in the game to push mainstream adoption, so

February 4, 2022 1 min read

JP Morgan Backs Crypto Adoption and Bitcoin (BTC) in 2022

Volatility concerns have not stopped bitcoin from rising in value. Bitcoin’s price volatility levels are far greater than other asset classes. JPMorgan equities research analyst Kenneth Worthington said in a note to clients Friday that the cryptocurrency markets and industry are ready for broader mainstream recognition this year. In contrast

January 8, 2022 1 min read

Bank of Spain Finally Takes First Step Towards Crypto Adoption

The purpose of the research is to determine the effect of digitalization. Bank cryptocurrency projects must be outlined within the next three years. It has been reported that the Banco de Espana plans to assess the effect of digitalization on financial services, according to sources at the central bank. For

November 11, 2021 2 mins read

Worldwide Crypto Adoption All-set To Make Altcoins Breakout!

Moneygram has collaborated with Stellar for Blockchain payments. Banco Hipotecario has partnered with four new blockchain startups. Large IT companies are demonstrating a strong interest in crypto-based payments, garnering huge public attention. It will not be surprising if the crypto sector replaces conventional financial systems. On October 7th, 2021, the

October 9, 2021 2 mins read

DefiTax.us Launches To Simplify Crypto Tax Reporting Amid U.S. Government’s Strategic Cryptocurrency Adoption

In light of President Donald Trump’s recent announcement to establish a U.S. “Crypto Strategic Reserve,” which includes major cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana, and Cardano, DefiTax.us is proud to launch its innovative tax reporting platform tailored for decentralized finance (DeFi) users. This strategic move by the government has

March 18, 2025 2 mins read
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