Is The US Government Paving The Way For Bitcoin Adoption In the Future?
Governmental Bitcoin adoption seemed so far away just a year ago. Today, all eyes are on the US Senate and the infrastructure draft bill. Opinions vary. Lobbying efforts abound. Two competing amendments try to fix its troublesome wording. Could this controversy be signaling a plan for some kind of formal Bitcoin adoption in the future? […]
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For the mainstream adoption of Bitcoin, the important players are users within the community. However, collaboration with the government is important as well. The potential users of Bitcoin who have the most to gain are people in countries whose financial institutions are broken or corrupt and whose currencies are extremely volatile. This includes almost all of Latin America, Africa, Asia, Eastern European countries such as Ukraine, Russia and Greece. Despite increased awareness about the cryptocurrency in 2016, there is a lot of ground to cover when it comes to the formal adoption and....
The "Bitcoin Bottom Line" podcast hosts discussed the future of Bitcoin adoption by governments around the world.
Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.”
UK Government Plans to Support Crypto Adoption
The U.K. government outlined its legislative agenda for the next parliamentary year in the Queen’s Speech delivered Tuesday by Prince Charles, the monarch’s son and first in line to the throne. The Queen’s Speech is written by the government and read out by the monarch as....
It will take some time for consumers to warm up to crypto, but education is the key to its mass adoption. From QR code payments to mobile banking apps, consumers worldwide are increasingly reliant on digital payment solutions, especially as mobile technology becomes more ubiquitous. Government-led efforts in driving cashless economies have been a key factor, with countries such as Singapore or the Philippines seeing their central banks driving the adoption of contactless payments during the height of the COVID-19 pandemic. As a result, usage rates for digital payments platforms have....
1th October 2020, Belize City, Belize: With new exchanges cropping up, trading becoming ever-more popular, and the interest in Crypto and DeFi rising by the day, the trading market has been crying out for something special to hit for quite some time. That moment comes now, as DueDEX releases news of its zero-fee LINK/USDT perpetual swap trading. This means that no trading fee or monthly membership fee will be charged for either takers or makers, and it’s unconditional and permanent. Coupled with no KYC (Know Your Customer) and hassle-free access, DueDEX becomes the first crypto futures....