In the context where the
global adoption of cryptocurrency payments is the new norm, it means that cryptocurrencies have to compete with current debit / credit card standards.
Do you think with more company's allowing their customers to use cryptocurrencies to pay for products and services, we can expect to see a much
quicker adoption of cryptocurrencies?
Currently, the media is not portraying the innovative developments being pursued within the cryptocurrency industry, especially the increasing
adoption of cryptocurrencies in regions like Japan and South Korea.
Coins such as Litecoin and Ripple XRP are also rallying on business optimism, with both companies announcing measures to boost mainstream
adoption of cryptocurrencies as money.
Everus Technologies Sdn Bhd, a young blockchain fintech startup that took an alternate route to market without an Initial Coin Offering ICO, is looking to accelerate mainstream
adoption of cryptocurrencies by focusing on the development of cryptocurrency commerce CryptoCommerce and streamlining their merchant onboarding processes.
Speaking on Tuesday at a forum organized by Korean financial watchdog, the Financial Inteligence Unit, FSC vice-chairman Kim Yong - beom acknowledged the rapid rise in interest and
adoption of cryptocurrencies like bitcoin and Ethereum in Korean society.
But Chris Williams, co-founder of KoreanBuddy, said in an interview to Bitcoin Magazine that nowadays the ambiguity of bitcoin - related legislation in South Korea may become an obstacle for a
wider adoption of this cryptocurrency in the country.
The move was heralded by Bitcoin users because of the many implications Bitcoin derivatives could have for eventual mass
adoption of the cryptocurrency into numerous portfolios at institutions.
To further
spur adoption of cryptocurrencies as the preferred payment method, we would like to announce a 10 % discount for all Vape Club shoppers who pay for e-juices with cryptocurrencies!
He pointed to
real adoption of cryptocurrency as P2P cash for its technological viability and its potential to go «viral» thanks to big - budget marketing.
While adoption of cryptocurrencies has increased across the globe, regulators and other authoritative bodies are amplifying directives that aim to verify and identify users of virtual money.
In 2017 the Japanese government made some positive moves
towards adoption of cryptocurrencies as they passed the Bitcoin payment law that declared it as legal tender and also gave legal status to crypto exchanges in the country.
Though North Korea's mainstream
adoption of cryptocurrencies seem to perfectly fall in line with the Bitcoin ideology but is not for the right reasons for this nation.
Despite the
rising adoption of cryptocurrencies and innovative developments being led by the bitcoin, Ethereum, Cardano, and Litecoin open - source developer communities along with other blockchain projects, the lack of momentum in the price of major cryptocurrencies is fueling the price fall of bitcoin.
This melding of the traditional aspects of investment with the new and unheralded world of cryptocurrency seems to be a safe baby step towards an institutional
adoption of cryptocurrency markets.
US - based virtual currency exchange and wallet operator Coinbase has rolled out the country's first bitcoin debit card, in an effort to encourage mainstream
adoption of the cryptocurrency on the high street.
This is why we are making cryptocurrency operations as simple and fast as the transfer of national currencies in a compliant and secure ecosystem, which will foster wider
adoption of cryptocurrencies with consumers and create new opportunities for businesses.
Celebrity adoption of cryptocurrency is becoming a trend, as American record producer and radio personality DJ Khaled makes public his acquisition of Titanium Centra Card on his Instagram handle.
The cryptocurrency market is struggling to reflect the rapid
adoption of cryptocurrencies by retailers and large - scale conglomerates, which bitcoin skeptic Starbucks chairman Howard Schultz described as the single most important factor for the growth of the cryptocurrency market.
Analysts have been extremely optimistic about bitcoin in 2018 for many reasons, mainly due to the
rapid adoption of the cryptocurrency by major financial institutions such as the New York Stock Exchange (NYSE) and Chicago Board Options Exchange (Cboe), two of the largest stock markets and options exchanges in the global finance market.
The growth and
widespread adoption of cryptocurrencies does not pose a risk to global financial stability, but could do so in the future unless proper regulation is enforced, according to Mark Carney, who heads the G20's Financial Stability Board.
the move is expected to lead to increased regulatory scrutiny though with the benefit of
increased adoption of cryptocurrencies, said Charles Hayter, chief executive officer of interactive cryptocurrency platform CryptoCompare.