33% Of Britain’s Consumers Have Used Crypto, Coinbase Report Reveals
Crypto adoption continues to surge in Britain, with a whopping 33% of the country’s customers having previously invested in such assets. The ratio is up 4% from six months ago, and is second only to the Netherlands’ staggering 47% figure in Europe. Britain Consumers Like Crypto The figure comes from a Qualtrics study conducted twice […]
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Chancellor of the Treasury George Osborne said on Wednesday that he had instructed the government to explore the possibility of Britain embracing Bitcoin as part of a larger plan to make the country a “global center of financial innovation,” as he was quoted by the BBC. “It’s only by harnessing innovations in finance, alongside our existing world class knowledge and skills in financial services that we’ll ensure Britain’s financial sector continues to meet the diverse needs of businesses and consumers, here and around the globe, and create the jobs and growth we all want to see in the....
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions.
Coinbase Reportedly Asks Russian Clients to Withdraw Funds
Some Coinbase users from Russia have received letters informing them that their accounts will be blocked on May 31, the crypto page of the Russian business news portal RBC reported. The company suggested that these customers withdraw their....
According to a recent Mastercard payment index report, the Covid-19 related lockdowns helped spread the use of cryptocurrency in three African countries, namely Nigeria, Kenya, and South Africa. The report also reveals that a greater number of consumers from these countries are “likely to use one emerging payment method in the coming year.” More Respondents Planning to Pay With Cryptos in the Upcoming Year In fact, according to findings of a survey conducted between February 26 and March 10, 2021, a significant number of the respondents from these countries plan to use....
Coinbase is now offering consumers in Singapore the ability to buy and sell bitcoin using Singapore dollars, a move that marks its formal introduction to the Asian market. The announcement follows on the heels of the news Coinbase would launch services in Canada following a partnership with bitcoin compliance firm Vogogo. Coinbase, which has raised more than $100m in four venture rounds, is now open to consumers in 28 countries globally. Coinbase suggested the announcement is reflective of what it called a welcoming environment for bitcoin in Singapore as well as the region's strong....
In many ways, the digital currency Bitcoin has had a very tough year. It reached its lowest point in almost two years back in January, and its overall gains for the year are relatively modest. Russia has stepped up its efforts to ban the currency outright. And the establishment can’t stop taking shots at it while heralding its Blockchain ledger....