Country-wide Bitcoin adoption a mixed bag for national economies
Country-wide Bitcoin adoption could boost financial inclusion and trade, but challenges like volatility and regulatory hurdles might create mixed economic impacts.
Related Posts
Open Letter From Ripple Asks US Gov’t For Fair Crypto Regulation
Blockchain payment network Ripple signed an open letter to United States regulators on July 28 ahead of fresh hearings on cryptocurrency regulation this week. In the wake of mixed feelings from Congress on both Facebook’s Libra digital currency and crypto more broadly, Ripple CEO Brad Garlinghouse appealed to Washington to be lenient in its future approach.The…
Roaring Kitty returns with cryptic X post, Solana-based CHEWY memecoin soars 28%
Despite the Chewy token’s near 30% rally, Gill’s cryptic post seems to suggest that he is dropping the Chewy company, not endorsing it.
Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.
Binance removes 3 stablecoins, Russia eyes cross-border crypto payments and UK exudes crypto positivity: Hodler’s Digest, Sept. 4-10
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekUS Fed vice chair Michael Barr favors hard line on crypto, OCC…
UAE’s central bank approves custodial risk insurance product for digital assets
OneDegree executive Robin Scott told Cointelegraph that the insurance covers Web3 asset managers against the risk of losing customer funds.
Kevin O’Leary-backed WonderFi to buy Bitbuy parent company for $162M
WonderFi, backed by Canadian billionaire Kevin O'Leary, is looking to increase its footprint in Canada with the acquisition of regulated crypto exchange Bitbuy. 183 Total views 17 Total shares Kevin O’Leary-backed decentralized finance (DeFi) platform WonderFi Technologies is increasing its footprint in Canada by buying the first regulated crypto exchange in the country. WonderFi agreed to…
Bitcoin only needs to break $64K to run to new all-time highs — Analyst
Bitcoin (BTC) stayed rangebound on Nov. 5 as fresh analysis argued that breaking $64,000 would produce a new all-time high.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView“So near yet so far” for BTC price all-time highData from Cointelegraph Markets Pro and TradingView showed BTC/USD drawing little attention as it tracked sideways around $61,000.After multiple days of…
DeFi bull run: Why Aave and SUSHI are surging despite Bitcoin price uncertainty
Aave, SushiSwap, and other major DeFi bluechips are rallying hard despite Bitcoin's consolidation. 2304 Total views 14 Total shares DeFi blue-chips, including Aave (AAVE) and SushiSwap (SUSHI), have been rallying hard in the past several days while Bitcoin is seeing range-bound consolidation at around $35,000 as of Jan. 17. Both AAVE and SUSHI prices have risen by more…