Crypto needs to be more user-friendly, according to Emilie Choi.
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
Security token issuers say the STO market needs greater liquidity to make a significant dent in the $200-trillion global capital market.7166
A Spanish stock exchange is moving forward with further tests of its planned blockchain-based system to finance small- and medium-sized enterprises.19494
After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution.8586
Musk’s latest tweet resulted in a 26% surge in the price of DOGE, while Coinbase is set to list the coin in six to eight weeks.22264
The decentralized finance coalition has onboarded 22 leaders from 19 teams to help further its mission of bringing 100 million people into DeFi by 2025.19017
Microsoft is closing its Azure Blockchain Service, giving existing customers just four months to transition to new service providers.24926
Tesla stock has dipped 14% since Elon Musk appeared on SNL, with Musk estimated to have lost $20 billion in that time frame.40391
During the first quarter, Coinbase’s active users increased by 120%, while trade volumes tripled.29350
In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth.11342
Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31.14173
The chief investment officer seemed to be unmoved by Elon Musk's announcement on Wednesday but still highlighted some challenges Bitcoin will likely face.17516
A blockchain specializing in NFTs says a number of high-profile releases have helped daily active wallet numbers surpass the likes of Ethereum and Flow.8149
DTrade is planning to build the first derivatives exchange on Polkadot following a highly successful private investment round.14294
The 103-year-old bank wants to hold crypto for asset managers and hedge funds as Wall Street begins offering cryptocurrency products to institutional clients.5303