Various Stablecoins Make Inroads in the Shadow Side of Commerce

Stablecoins have become a staple in the world of crypto assets. Beyond being exchanges on trading platforms, however, their adoption has seemingly remained fairly limited. However, some smaller merchants see merit in these currencies pegged to the US Dollar. Stablecoins Fuel Off-the-books Trading Lanes Primarily importers and exporters of goods across Asia and Europe see … Read more

Millennial and Male: 3 Crypto Card Issuers Profile Their Average User

Platforms offering debit cards that can be topped up with cryptocurrency have enjoyed growing popularity in the crypto community. They provide a payment solution for those who earn and own digital coins, enabling in-store and online crypto payments. Their expanding user base provides a snapshot of the kind of people who spend crypto on a … Read more

Five Layer 1 Projects to watch in 2020

Among all Layer 1 blockchain projects, Ethereum is still king, regardless of its scalability limitations. In order to make their smart contract platform future-proof, Ethereum 2.0 will be rolled out in the upcoming year, but this project is already riddled with problems. Besides having to run a separate blockchain than “legacy” Ethereum, Ethereum 2.0 will … Read more

WhatsApp Users can now Exchange Ethereum and ERC20 Tokens

Social messaging applications such as WhatsApp are quite popular among cryptocurrency enthusiasts. It now seems that service providers are building dedicated products for these users. Gaby and Bancor are partnering to bring more cryptocurrency services to WhatsApp. Converting Digital Assets Through WhatsApp A remarkable decision, albeit one that can also boost global adoption of Bitcoin … Read more

Vodafone Becomes 8th Company to Exit Libra Association

After a spate of big names parting ways with the Libra Association late last year such as Paypal, Visa, Mastercard, and Ebay, British telecommunications giant Vodafone has become the latest to bid the ambitious digital asset project farewell. While Vodafone’s statement notes it does not rule out the possibility of working with Libra in the … Read more

Uzbekistan Prepares Crypto Tax Exemptions, Launches Licensed Exchange

A new presidential decree in Uzbekistan envisages the introduction of tax exemptions for income obtained from operations involving crypto assets. The draft document published recently also incorporates proposals for the establishment of a blockchain valley and licensing regime for cryptocurrency miners. The country has just launched its first licensed crypto exchange. Also read: Uzbekistan to … Read more