Category: Industry and Adoption
Camino Network Partners Fireblocks to Transform Web3 Travel Ecosystem
Camino Network teams up with Fireblocks to safeguard digital asset operations. The $CAM token is launching to promote the Web3 travel ecosystem and B2B solutions.…
Japan’s FSA Set to Reclassify Crypto in Rule Review
Japan’s FSA may reclassify cryptocurrency as financial instruments. Current crypto taxes could be reduced from 55% to 20% if shifts are made. According to Bloomberg,…
Drift raises $25 million to expand Solana exchange and become ‘Robinhood of crypto’
Drift Labs has raised $25 million in a Series B funding round led by Multicoin Capital, with additional support from Blockchain Capital, Primitive Ventures, and…
Louisiana Introduces Crypto Payments for State Services
Louisiana residents can pay for state services with Bitcoin, Lightning, and USD Coin. Cryptocurrency payments are converted to USD, protecting the state from volatility. The…
Commerzbank Teams Up with Crypto Finance to Offer Bitcoin and Ether Services
Commerzbank, one of Germany’s largest banks, has teamed up with Crypto Finance, a subsidiary of Deutsche Börse, to provide secure services for Bitcoin and Ethereum…
Hong Kong Sees Major Surge in Crypto Adoption, Chainalysis Reports
A recent report from Chainalysis reveals that Hong Kong has experienced an impressive 85.6% increase in cryptocurrency adoption, placing it 30th globally in this area.…
Qatar Financial Centre Launches Digital Assets Lab to Boost Innovation
Qatar Financial Centre (QFC), a prominent onshore financial and business hub in the region, officially launched its Digital Assets Lab. This initiative marks a significant…
India Leads Global Crypto Adoption Despite Ban on Offshore Exchanges
India remains the leader in global cryptocurrency adoption despite regulatory challenges. The ban on offshore exchanges has not significantly reduced their usage in India, and…
Gen Z Prefers Crypto Investments Over Traditional Banking, Survey Finds
A recent survey by the Financial Industry Regulatory Authority (FINRA) reveals that 55% of Generation Z Americans prefer investing in cryptocurrencies over traditional banking options.…
