Stripe builds new crypto team for payments three years after dropping Bitcoin
After pulling back from Bitcoin three years ago, Stripe is looking to re-enter the crypto sector. Go to Source Powered by WPeMatico
Crypto Adoption
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The Big Three Credit Agencies Critique El Salvador’s Bitcoin Adoption — S&P Global Warns of ‘Immediate Negative Implications’
All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global said that the bitcoin adoption has had “immediate negative implications for its credit rating.” … Read more
Global Cryptocurrency Adoption Jumps 881% Led by Asian Countries, Index Shows
Blockchain data platform Chainalysis has published its 2021 Cryptocurrency Adoption Index, which ranks 154 countries by crypto adoption. According to the firm, global crypto adoption has grown by over 2,300% since Q3 2019 and over 881% in the last year. New Global Cryptocurrency Adoption Index On Wednesday, Chainalysis published a preview of its 2021 Geography … Read more
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will face “volatility risk” alongside “regulatory and operating risks” … Read more
Western nations need better public-private cooperation on crypto, says Mohamed El-Erian
The famous economist has warned that western nations risk losing out to China in the emerging digital economy if they continue to be dismissive of crypto. Go to Source Powered by WPeMatico
Dash launches retail consumer app for shopping in stores across America
The app allows consumers to pay with Dash at over 155,000 in-store locations and 125 online retailers across the United States. Go to Source Powered by WPeMatico
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, … Read more
Tanzania central bank may rescind crypto ban after presidential endorsement
President Samia Suluhu Hassan’s positive stance on crypto could see Tanzania’s central bank reversing its previous cryptocurrency prohibition. Go to Source Powered by WPeMatico
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 … Read more
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 … Read more
