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Bitcoin crypto adoption Cryptocurrency

Binance begins Ugandan Foray by Registering 40,000 Users in its First Week

Despite the global tides in crypto demands, demand for crypto in the tiny East African country of Uganda continues to rise steadily. This is surprising considering that three out of four people in that country are unbanked. According to an exclusive given to crypto publication, Coindesk, Binance Uganda reportedly signed up 40,000 users in only […]

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Scientists Say that Bitcoin Adoption Could Exacerbate Global Warming

Scientists have raised a new alarm over climate change, this time showing concern over Bitcoin’s carbon footprint. Scientists are gravely concerned over Bitcoins impact on the earth’s global warming. The report posted on nature.com extrapolates data that currently exists on Bitcoin’s electricity consumption along with projections of electricity consumption should Bitcoin be largely adopted in […]

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Chinese Merchants Can Now Accept Crypto Payments without Getting into Trouble

Authoritative and dependable Chinese crypto publication, CnLedger, has reported that Chinese merchants are now legally allowed to accept cryptos as payment methods. Reports further state that the Shenzhen court of international arbitration has officially recognized Bitcoin as property, a move that will allow individuals as well as business entities to own and transfer bitcoin without getting […]

Bitcoin Cryptocurrency

Fidelity’s Heavy Endorsement Could See Crypto’s Stature as an Asset Class Solidifed

The world’s fourth-largest asset manager, Fidelity launched its crypto custody October 15th. Abigail Johnson the asset management firm’s CEO stated that the firm’s long-term strategy was to make Bitcoin and the rest of the crypto space more accessible to budding investors. The CEO stated that the firm’s goal was to make digitally native assets such […]

cryptoglobe.com
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South Korean Financial Services Commission Reiterates its Hard Stance on ICO’s and Crypto

The head of Korea’s Financial Services Commission Choi Jong-Koo has reiterated his negative stance on digital currencies and Initial Coin Offerings (ICOs), according to an October 11 report by Business Korea. The chairman of Korea’s top financial commission spoke at a parliamentary audit session of the commission held at the National Assembly. South Korea’s stance […]

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Baseless propaganda! Goldman Sachs Refutes Claims It’s Shying Away From the Bitcoin Trading Desk Project

Much of the speculation and propaganda has spread on Sachs Goldman’ stance on much-hyped plans to launch a Bitcoin Trading Desk. These speculations came to light, especially after a report by Business Insider announced that Goldman Sachs was deprioritizing its near-term plans to launch a Bitcoin Trading Desk to allow it to fully focus on […]