While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert.
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.
The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023.1570
Despite global bank turmoil and regulatory crackdowns, traditional and decentralized finance (DeFi) are continuing to blend.2786
Securities processor Deutsche WertpapierService Bank will provide its affiliates with seamless integration with their current offerings, with more digital assets to come.5951
The passed measure ends the 1% USDC-to-DAI minting fee that was previously implemented.1396
An indicator of European bank default risk soars and stocks tumble on March 24 amid renewed fears surrounding the financial system.8307
V Ventures, a subsidiary of a Thai shipping company, missed a payment on its $100 million buyout of the troubled crypto exchange.3152
The service will reportedly be the exchange operator’s first major venture into the crypto industry.2390
Discover seven advanced humanoid robots, their capabilities and applications in various fields.4449
Following allegations that Binance employees and volunteers have helped users bypass KYC protocols, the crypto exchange says it is launching an internal investigation.13950
A new Era has dawned with the launch of the first Ethereum Virtual Machine compatible ZK rollup, enabling projects like Uniswap and Sushi to easily port over for scaling.2576
Binance announced that spot trading on the platform experienced an issue, and the crypto exchange is working on resolving the problem.5768
A new investigation claims that users around the world are manipulating Binance’s billion-dollar security protocols through inside help.7455
Tether chief technology officer Paolo Ardoino believes USDT is becoming the “safest asset to hold in the world” amid the banking crisis.4088
ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year.8772