Collaboration and innovation are driving LATAM’s Web3 transformation 🌎Proud to join @labitconf in discussing how the region is shaping the future of blockchain and crypto adoption. 💪#MEXCEventRocksMEXC Español (@MEXCespanol):"Cómo los países de LATAM atraen empresas cripto"En @labitconf, se debatieron sobre las estrategias que distintos países de América Latina están implementando para atraer proyectos y empresas del ecosistema cripto.Nuestro protagonista, 🇵🇪 @kristopherpanan, Manager del equipo https://t.c ...

Core Insights - Crypto adoption is rapidly increasing in emerging markets such as Nigeria, the Philippines, and Argentina, indicating that the future of the industry lies in developing economies rather than in the U.S. [2][6] - The focus on attracting institutional capital from Wall Street has led to a neglect of the practical applications of crypto in lower-income countries, where it serves as a survival tool rather than merely an investment vehicle [3][6] Group 1: Use Cases of Crypto in Emerging Markets - In Argentina, individuals are using dollar-pegged stablecoins to protect their savings from inflation, with many exchanging pesos for USDT to cover everyday expenses [4][5] - In Nigeria, digital currencies are essential for cross-border remittances, significantly reducing traditional fees that can reach up to 7%, allowing families to allocate more funds for necessities [5] - The Philippines has seen over a million merchants accepting digital assets, with remittances contributing approximately 9% to the country's GDP, showcasing the integration of crypto into daily business operations [5] Group 2: Growth Trends and Analytics - Chainalysis reports that Brazil, India, Nigeria, Vietnam, and the Philippines are leading in grassroots crypto activity, driven by small on-chain transfers and retail trading [5] - Sub-Saharan Africa shows strong indicators of everyday cryptocurrency use, despite being the smallest crypto economy by transaction volume, with a 52% increase in adoption [5] - The Asia-Pacific region is projected to be the fastest-growing area for on-chain crypto activity, with a 69% year-on-year increase in value received, followed by Latin America at 63% [5]

Core Insights - Zcash (CRYPTO: ZEC) has experienced a significant price increase of 496% over the last three months, raising questions about its potential to create wealth for investors [1] - The coin is built on Bitcoin's codebase and incorporates privacy features that allow for shielded transactions, distinguishing it from other cryptocurrencies like Ethereum [3] - Zcash's current market capitalization is approximately $4.7 billion, suggesting potential for substantial returns if adoption increases [4] Adoption Metrics - The share of Zcash's supply held in the shielded pool has risen to around 25%, indicating a growing use of its privacy features, although many users still prefer transparent transactions [5] External Constraints - Centralized crypto exchanges have historically been hesitant to list Zcash due to regulatory pressures, which could limit its growth potential [7] - Recent actions by exchanges, such as OKX removing privacy coins and Binance's pressure for compliance, highlight the challenges Zcash faces in gaining mainstream acceptance [7] Current Market Position - Despite its recent surge, Zcash's privacy features are not widely utilized, but its supply is becoming scarcer, contributing to its perceived value [8]

Group 1: ABSA Bank and Ripple Partnership - ABSA Bank is partnering with Ripple to provide custodial services on the Ripple blockchain, marking a significant moment in the adoption of crypto by mainstream financial institutions [1][2] - The partnership allows ABSA customers to store crypto and digital assets on the Ripple blockchain, with integrated tools for managing these assets [3] - Ripple's managing director for the Middle East and Africa described the partnership as a "major shift," emphasizing the potential of digital assets in Africa [3] Group 2: Ghana's Crypto Regulations - The Central Bank of Ghana plans to introduce crypto regulations by December 2025, aligning with similar legislative trends in Nigeria and Kenya [4] - The regulatory framework and a new bill to regulate virtual assets are currently being prepared for parliament [4] - The growing size of global crypto markets is prompting regulators to seek visibility on the movement of funds, which is in the billions [4] Group 3: Blockchain.com in Nigeria - Blockchain.com is seeking a crypto exchange license from Nigeria's Securities and Exchange Commission, following its decision to establish Nigeria as its regional hub [2]

#Crypto adoption is going GLOBAL 🌍🚀 Are you early? ...

#Crypto adoption is going GLOBAL 🌍🚀 Are you early? ...

Core Insights - SWIFT is integrating a blockchain ledger into its infrastructure, starting with a prototype designed by ConsenSys for instant interbank cross-border payments [2][3] - A coalition of over 30 institutions, including major banks like Bank of America and Citi, is involved in the development of this blockchain solution [3] - The integration of blockchain technology by traditional financial institutions signifies a shift towards more efficient payment systems and acknowledges blockchain as a superior solution [4] Industry Implications - The move to a blockchain-based system by SWIFT could lead to significant cost savings and operational efficiencies across financial institutions [4] - The standardization of shared ledgers among banks will facilitate the bridging of fiat, stablecoins, and tokenized deposits, enhancing the validity of crypto in the market [6] - This development is expected to be bullish for stablecoins and the tokenization of real-world assets (RWAs), further legitimizing crypto on a global scale [6]

Daily News 🗞 | Sep 25• Stablecoin market cap hits record $294.6b as regulation fuels growth• Vitalik calls for open-source infrastructure in health, finance, governance• Tether targets $500B valuation in major funding round• ARK Invest acquires Alibaba shares for first time in four years• Japan’s policy shifts helped it double crypto adoption#CryptoNews #PoloniexNEWS ...

#Crypto adoption is increasing globally, institutions are joining the game 🌍 ...

Core Insights - Bitget Wallet has integrated Pix, Brazil's instant payment system, allowing users to pay with self-custodied crypto by scanning Pix QR codes [1][3] - Pix has become Brazil's dominant retail payment method, processing 64 billion transactions worth $4.6 trillion in 2024, marking a 53% year-over-year increase [2] - The integration aims to enhance crypto adoption in Brazil by providing users with seamless spending options using stablecoins like USDT and USDC [3][5] Company Developments - Bitget Wallet's integration with Pix is part of its strategy to expand its presence in Brazil and Latin America, following the launch of a USD-based zero-fee crypto card [3][4] - The wallet also offers onramp and offramp services, enabling users to buy or sell cryptocurrencies directly within the app, reinforcing its position as a comprehensive self-custodial platform [4] - The integration with Pix enhances Bitget Wallet's vision of universal crypto acceptance, bridging digital assets with traditional finance [5]