‘Millionaire’ stablecoin wallet addresses surpass 12 million
It appears the number of ‘stablecoin millionaires’ has been growing steadily throughout the year. Go to Source Powered by WPeMatico
Adoption
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Samson Mow leaves Blockstream, plans to focus on ‘nation-state Bitcoin adoption’
“Now is a pivotal point in Bitcoin’s evolution — we’re on the verge of mass adoption, and I think that I can make it happen faster,” said Samson Mow. Go to Source Powered by WPeMatico
Venezuela Might Have Cryptocurrency ATMs Again Soon
While Venezuela has been a leading country for cryptocurrency adoption in Latam, its citizens don’t have access to cryptocurrency ATMs. However, this might change in the future, as Bitbase, a crypto ATM company, is currently in talks with Venezuelan authorities and banks to install some of its machines and stores in the country. Bitbase in … Read more
Ukrainian Parliament Adopts Amended Virtual Assets Law
Ukrainian lawmakers have approved an updated version of legislation tailored to regulate the country’s crypto economy. The bill, which was first passed last year, was later returned to the legislature by President Volodymyr Zelensky who requested some changes. Majority of Ukrainian Deputies Back Law ‘On Virtual Assets’ Verkhovna Rada, Ukraine’s parliament, has adopted new legislation … Read more
Low Millennial financial well-being drives crypto adoption: report
Millennials are most likely to seek alternative financial services and assets such as crypto, and younger generations are hopping on to the bandwagon leading researchers to expect a crypto boom in 2022. Go to Source Powered by WPeMatico
President Lukashenko Signs Decree to Create Crypto Wallet Register in Belarus
President Alexander Lukashenko has signed another decree regulating the crypto economy of Belarus. It envisages the establishment of a register for cryptocurrency wallets and addresses certain legal aspects pertaining to the circulation of cryptocurrencies in the country. Presidential Decree Aims to Prevent Use of Crypto Wallets in Criminal Activities Belarusian President Alexander Lukashenko has signed … Read more
Report: 74% of stolen funds from ransomware attacks went to Russian-affiliated wallet addresses in 2021
Russian hackers allegedly netted a profit of more than $400 million through crypto-ransomware in 2021. Go to Source Powered by WPeMatico
El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMs
Seeking a permanent solution for over 4 million BTC users, the government of El Salvador focuses on Chivo wallet’s stability and uptime, scalability and social impact. Go to Source Powered by WPeMatico
Bulgaria’s finance minister says country is exploring crypto payment options: report
The government official added that he thought Bulgaria was unlikely to become a major hub for crypto miners, many of whom many are reportedly considering leaving Kazakhstan. Go to Source Powered by WPeMatico
Nations to adopt Bitcoin, crypto users to reach 1B by 2023: Report
Global crypto users could top a billion by the end of 2022, according to a new report by Crypto.com. Go to Source Powered by WPeMatico