Developing crypto regulations, along with a political shift toward cryptocurrencies, is a “very positive direction” for the industry, according to Changpeng Zhao.
Adoption news
The geographic distribution of crypto developers often signals the regions poised to drive future blockchain innovation.
In just 16 years, Bitcoin has grown to become the world’s 10th largest asset and the best currency for “financial freedom,” according to Tether CEO, Paolo Ardoino.
Despite the growing number of investors, only 10% held over $7,200 worth of digital assets in their crypto portfolios.
The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing.
Russia’s plan to build out Bitcoin mining in other countries could inspire other nations to do the same domestically.
The crypto asset manager has now filed for a spot Solana ETF after getting the ball rolling for a spot for XRP ETF and Litecoin ETF earlier in October.
The United States Treasury Department is taking an interest in stablecoins and tokenization.
Flow Traders will buy a stake in Wormhole and facilitate cross-chain crypto swaps.
The proposed ETF holds a diverse basket of crypto assets, include altcoins. It may face competition.