Crypto Adoption Paradox. Part 2

    Cryptocurrencies, “the digital age money”, are commonly associated with the most advanced technologies and other features of a modern developed country. However, the reality of their mass adoption indicates quite the opposite: crypto is mostly in demand in poor countries with weak economies. Other countries in the Chainalysis ranking – Kenya, Nigeria, Venezuela, Togo, and…

    Crypto Adoption Paradox. Part 1

    Cryptocurrencies, “the digital age money”, are commonly associated with the most advanced technologies and other features of a modern developed country. However, the reality of their mass adoption indicates quite the opposite: crypto is mostly in demand in poor countries with weak economies. The Chainalysis analytical company has put out its second report (https://blog.chainalysis.com/reports/2021-global-crypto-adoption-index) on…

    Visa outlines plans to bring crypto services to Brazil

    Visa, the multinational payment giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also revealed that it is working with several crypto companies in the country to bring cryptocurrency payment cards to the market, hinting at a possible direct integration of Bitcoin in payments. In a…

    Gennadiy Cholovenko: “Binance is gradually becoming a direct competitor to the banking system”

    Today we are publishing an interview in which the expert expresses his views on why regulators in various countries across the globe have declared an all-out war on the largest crypto exchange in the market, Binance. We have recently written about how ever since the beginning of this year, Binance has come under attack from…

    Visa releases Bitcoin debit card for Australian startup CryptoSpend

    Crypto app CryptoSpend announced Wednesday that Visa to issue a physical debit card that will allow Australians to spend their Bitcoin at local shops. Sydney-based digital assets startup gets approval from the global payment giant to release a spending card down under. According to the Australian Financial Review, CryptoSpend co-founders said that the new card…