Tag: Adoption

BNP Paribas, one of the world’s largest banking groups, is reportedly considering partnering with a digital asset custody firm Metaco. The French bank, with almost $13 trillion in assets under custody, joins a long list of institutional firms, including Fidelity and Société Générale looking to offer crypto services for their clients. BNP Paribas, the French…

Crypto exchange KuCoin released its ‘Into The Cryptoverse’ report exploring the penetration and adoption of digital currencies in Saudi Arabia. Among others, the survey revealed that about 14% of adult Saudis become crypto investors, while another 17% are likely to invest in crypto over the next six months. Conducted by KuCoin as of May 2022,…

President of the Central African Republic Faustin-Archange Touadera announced on July 3 that the country would be launching its own CBDC, Sango Coin. The national-backed cryptocurrency initiative to increase the opportunities to build the digital assets industry in the country was revealed during the ‘Sango Genesis’ online conference. Besides the announcement of a CBDC, speakers…

Crypto.com has announced the integration of Apple Pay into its mobile app and website. Apple does not support the crypto payment directly, but Crypto.com users in the US would be given an option to make the in-app purchases. Purchases can be made with both credit and debit cards through Apple Pay. Crypto.com specifically was onboard…

Islamic Coin (ISLM) claims to be the first Shariah-compliant digital currency. The Dubai-based coin has recently got itself a Fatwa from Muslim authorities and is preparing to launch a private sale soon. As Be[In]Crypto reported, Shariah compliance has been a recurring issue in crypto. Islamic Coin claims to be a world-first by sticking to the…

Deloitte, the leading global provider of audit and financial advisory, has announced a strategic partnership with New York Digital Investment Group (NYDIG), a Bitcoin investment firm that offers technology and financial services to businesses in a broad range of industries. Within the deal, the companies will collaborate to help businesses of different sizes incorporate digital…