The Thai SEC says the total number of crypto accounts rose by nearly 300% over the course of the last 180 days.
The cryptocurrency adoption rate is hard to research because of the private nature of cryptocurrencies. Still, there are some things that can be established about what may be slowing down cryptocurrency adoption. As a lot of blockchain platforms have stated, cryptocurrency awareness and education are not yet high enough to lead more people into the industry. Some people don’t even know what cryptocurrencies are, some lack the information about what it may be used for and some see no benefits of it at all. But people well-educated in cryptocurrency do have their own doubts about it, as cryptocurrencies have shown a lack of stability. Cryptocurrency investments and its use as a payment tool is associated with risks. There are also some government events that slow down cryptocurrency adoption, with governmental restrictions on the use of cryptocurrency for businesses and financial institutes.
SCB 10X, the venture arm of Thailand's oldest bank, is participating in an $80 million Series C fundraising round for institutional crypto custodian and digital asset platform Anchorage.4853
The city of Reno, Nevada is developing its own DAO and NFT system on top of the Tezos blockchain network, Mayor Hillary Schieve said.8560
Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project.6221
George Ball, who serves as Chairman of Sanders Morris Harris, believes cryptocurrencies like Bitcoin are an “attractive” part of a well-balanced portfolio.6811
"We will HODL any we get," Mark Cuban told Cointelegraph.16304
Investors include Lemniscap, P2P capital and others. Unslashed Finance has sold $400 million in coverage since its private launch last month.12101
Here’s what decentralized finance experts think about either Ethereum or Bitcoin as the future of DeFi.17560
Energy Web plans to use blockchain technology to help ensure an efficient future for Volkswagen’s electric vehicles.14870
A new protocol enables atomic swaps between fiat and crypto — enabling digital assets to be bought directly from a bank account within minutes.9442
One of the largest banks in Colombia, Banco de Bogotá, will pilot crypto services as part of a regulatory sandbox project.3146
The famous investor picks Netflix among major companies as the most likely to put Bitcoin on its balance sheet.31042
Utah-based startup TaxBit prepares to provide global crypto-oriented tax expertise with a newly raised $100 million.9283
The NFT explosion is one of the most talked about events for crypto in 2021, with sales from several platforms breaking records on a weekly basis.11052
Kevin O'Leary referenced investor Dan Loeb’s "deep dive" into crypto in his decision to more fully invest in Bitcoin.12157