Tag: Adoption

Written off by some as a big bubble, non-fungible tokens represent a step change for forgery management, royalty payments, and identity, Ari Juels, professor at Cornell Tech says on CoinDesk. If you stop people on the street and ask what they think non-fungible tokens (NFT) are all about, what will you hear? Something about outlandish…

Decentralized and traditional finance can thrive in tandem to fund renewable energy and other pressing needs, but only with clear standards and rules – Michael Casey, CoinDesk chief content officer, shared his opinion with International Monetary Fund (IMF). The cryptocurrency industry is in the throes of a crypto winter. Tokens like bitcoin and Ethereum’s ether…

Saudi Arabia’s banking regulator appointed Mohsen Al Zahrani to lead its virtual assets and central bank digital currency (CBDC) program, reflecting the Gulf state’s potential crypto ambitions. So far, Saudi Arabia has taken a more cautious approach to virtual assets, with officials raising concerns about their speculative nature. Yet the emergence of the neighboring UAE…

Meta now allows users include digital collectibles on Facebook. Meta’s move expands NFT features from its initial launch point on Instagram to Facebook, with more than 2.9 billion users. Social media giant Meta said it now allows users to post their digital collectibles and NFTs to their Facebook accounts. Meta, the parent company for Facebook…

According to the local news agency Tasnim, Iran is allowing businesses to use crypto for import transactions amid the country’s efforts to circumvent sanctions. The approval for crypto use in imports appears to be part of a broader policy regarding crypto regulations. The new Iran law is allowing the use of crypto in the processing…

Bitcoin’s Lightning Network has been growing at a slow pace. What’s keeping it behind, given its high transaction throughput? – writes Francisco Rodrigues on Cointelegraph. Bitcoin (BTC) changed the world as a decentralized, nongovernmental form of currency that can facilitate peer-to-peer (P2P) transactions that transcend national borders.  But despite this functionality, Bitcoin’s role as a…