Tags : Adoption

Regulation

IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption

The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks. “Adoption of Bitcoin as legal tender raises a number of macroeconomic, financial, and legal issues that require very careful analysis,” said Gerry Rice, an […]Read More

Market

Tesla’s Bitcoin Buy May Lead to Widespread Corporate Adoption –

Wedbush Securities, a Los Angeles-based privately held investment firm, foresees the corporate world emulating the U.S. electric car maker Tesla’s decision to buy bitcoin, just not this year.  In a note on Monday, Wedbush analysts called Tesla’s bitcoin investment a “game-changer” for the top cryptocurrency and blockchain technology, adding that it could pave the way […]Read More

Market

How Traditional Exchanges Are Boosting Crypto Adoption

Over the past year, demand for regulated crypto investment products has soared. The increasing variety of exchange-traded products (ETPs) listed on traditional exchanges, and the rapid development of indices, have enabled more investors to gain exposure to crypto assets without the complexities of ownership and custody.   Clara Medalie heads research and market analysis at Kaiko, […]Read More