Crypto Adoption
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Asia-Pacific Leads Worldwide Crypto Adoption: Chainalysis
Yahoo Finance· 2025-09-24 17:08
Core Insights - The Asia-Pacific region is identified as the fastest growing area for cryptocurrency adoption, with significant contributions from India, Pakistan, and Vietnam [1][2] - The transaction volume in the APAC region increased from $1.4 trillion to $2.36 trillion over the past year [1] - Latin America follows closely, experiencing a 63% increase in transaction volume [2] Regional Performance - North America and Europe recorded transaction volumes of over $2.2 trillion and $2.6 trillion, respectively, but did not see growth rates as high as APAC and Latin America [3] - Regulatory clarity in the U.S. contributed to a 49% growth in North America, particularly after the approval of spot Bitcoin and Ethereum exchange-traded funds [4] Institutional Adoption - There is an accelerated institutional adoption of cryptocurrencies in the U.S., influenced by regulatory developments and support from political figures [5] - The GENIUS Act, signed into law by President Trump, establishes a framework for issuing and trading stablecoins in the U.S. [5] Stablecoins Overview - Stablecoins are cryptocurrencies pegged to fiat currencies, often the U.S. dollar, and are gaining interest from major banks and companies for payment streamlining [6]
X @Crypto.com
Crypto.com· 2025-09-23 09:00
Crypto Adoption - Global crypto owners surpassed 700 million [1] - Crypto.com Visa Card saw significant growth in spending [1] Report Focus - The report explores crypto's influence on commerce [1]
Bolivia Crypto Boom Fueled By USDT Integration In Auto Sales
Yahoo Finance· 2025-09-22 15:26
Core Insights - Bolivia is experiencing a significant surge in cryptocurrency adoption, particularly with Tether's USDT being accepted by major automotive companies like BYD, Toyota, and Yamaha as a payment option [1][3] - The increase in crypto transactions is largely driven by a severe dollar shortage in Bolivia, prompting businesses to explore alternative payment methods [1] - Tether's CEO highlighted this development as a milestone, emphasizing USDT's role as a "digital dollar" for underserved populations [2] Adoption and Regulatory Changes - Bolivia's adoption of USDT skyrocketed following a landmark resolution on June 25, which officially recognized virtual assets and lifted previous bans on cryptocurrencies [4] - The regulatory shift has facilitated structured and compliant processing of crypto transactions, as noted by Bolivia's financial regulator [5] - The public sector's adoption of crypto gained momentum after March 13, 2025, when the government authorized state-owned YPFB to conduct crude oil imports using US dollars or cryptocurrencies [6] Private Sector Involvement - Banco Bisa, one of Bolivia's largest financial institutions, launched custody services for Tether's USDT in October 2024, providing customers with direct access to crypto trading and storage [7] - The Central Bank of Bolivia signed a Memorandum of Understanding with El Salvador's National Commission of Digital Assets to collaborate on crypto projects, indicating a regional shift towards viewing digital assets as a reliable alternative to traditional currency [7] Transaction Growth - Bolivia's Central Bank recorded $294 million in crypto payments during the first half of 2025, representing a 630% increase from $46.5 million in the same period the previous year [3]
Deutsche Bank Sees Bitcoin Joining Gold on Central Bank Balance Sheets by 2030 | US Crypto News
Yahoo Finance· 2025-09-22 14:44
us crypto news. Photo by BeInCrypto Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee to digest Deutsche Bank’s warning on equities. This warning, paired with a cautious stance on global growth, provokes the thought of where capital will flow next and what it could mean for Bitcoin (BTC). Bitcoin News of the Day: Deutsche Bank Predicts Bitcoin on Central Bank Balance Sheets by 2030 Bitcoin is edging closer ...
Toyota, BYD, and Yamaha Now Accept USDT Payments in Bolivia, Tether CEO Confirms
Yahoo Finance· 2025-09-21 13:57
Group 1: Adoption of USDT in Bolivia - Three major automakers, Toyota, BYD, and Yamaha, have begun accepting USDT payments in Bolivia, marking a significant milestone in cryptocurrency adoption [1] - The Central Bank of Bolivia reported crypto payment transactions totaling $294 million in the first half of 2025, representing a 630% increase from $46.5 million in 2024 [2] - The Bolivian government removed the crypto ban on June 25, allowing "virtual assets" to gain official status and enabling financial institutions to facilitate client transactions to crypto exchanges [3] Group 2: Regulatory Framework and Initiatives - The initiative to accept USDT payments has been facilitated within a regulated framework, as noted by Bolivia's financial regulator, ASFI [4] - Bolivia's Banco Bisa launched custodial services for Tether's USDT starting in October 2024, enhancing trading capabilities for customers [5] - A memorandum of understanding was signed between Bolivia's Central Bank and El Salvador's National Commission of Digital Assets to promote crypto development as a reliable alternative to traditional currencies [5] Group 3: Regional Trends in Stablecoin Adoption - Economic instability and currency weakness in Latin America have led to increased reliance on stablecoins like USDC and USDT as wealth protection tools [6] - Argentina, facing inflation above 100%, has adopted stablecoins to mitigate financial volatility, while Brazil has seen consistent growth due to clear regulations [7] - Mexico remains a leading crypto hub in the region, with Bitcoin and USDT being prominent in international transfers amid a 23% decline in the peso [8]
X @Market Spotter
Market Spotter· 2025-09-18 05:00
🚨 XRP & DOGE SPOT ETFs LAUNCH TODAY!#XRP and #Dogecoin hit U.S. markets with their first-ever ETFs.This marks a huge step for crypto adoption and mainstream legitimacy. 🚀📈 Investors are already reacting! https://t.co/UdL0vVnCWm ...
X @CoinDesk
CoinDesk· 2025-09-17 16:09
🇪🇺 What's holding back crypto adoption in Europe?At Meridian 2025 by @StellarOrg, Marc Hegen (@tradeon21x CTO) explains that while other regions are "doing something first, trying it out," Europe is focused on creating "proper rules" for investor protection, leading to a slower pace of growth. ...
X @CoinMarketCap
CoinMarketCap· 2025-09-17 16:04
Regulatory Landscape - Regulators are taking distinct stances on crypto adoption [1] - Some countries are embracing crypto, while others are cracking down [1] Global Crypto Adoption - Russia is considering the establishment of crypto banks [1] - Pakistan is showing openness to global crypto exchanges [1] - France is threatening EU passport bans related to crypto [1] - Brazil is taking action against illegal crypto miners [1]
BitGo Bags License to Operate Regulated Crypto Trading in Europe
Yahoo Finance· 2025-09-17 12:28
Core Insights - BitGo Europe GmbH has received approval from Germany's BaFin for the extension of its license, allowing it to offer regulated crypto trading services in the region [1][2] - The trading services will be based in Frankfurt and will include Over-the-Counter (OTC) trading and an electronic trading platform for thousands of digital assets and stablecoins [2][3] - This development positions BitGo alongside other major players like Coinbase and Kraken in providing custody, staking, and trading services in Europe [4] Regulatory Compliance - BitGo has previously obtained the EU's Market in Crypto Assets (MiCA) license from BaFin in May, enabling it to offer regulated digital asset services across the EU [6] - The Managing Director of BitGo Europe GmbH emphasized the company's commitment to regulatory compliance and the importance of the MiCA license for supporting crypto adoption in Europe [7] Market Positioning - The new offerings will provide institutional investors in Europe access to a comprehensive crypto OTC trading desk and a high-performance electronic trading platform [3][4] - Investors will benefit from multiple liquidity sources, including top-tier market makers and exchanges, ensuring competitive pricing and quality execution [4] - BitGo also holds registrations in other European countries such as Italy, Spain, Poland, and Greece, as well as a Major Payment Institution license from Singapore's Monetary Authority [8]