NFTs
Warner Music partners with OpenSea to give artists access to new Drops feature
WMG artists are being given access to new features on OpenSea before they are released to the public in landmark collaboration
Liam 'Akiba' Wright 3 min read
Adoption News
Follow crypto adoption news across institutions, governments, merchants, and consumers as digital assets move further into everyday use.
Coverage footprint 18.0%
News sentiment 50 /100
Top Adoption Stories
NFTs
Facebook, Instagram open NFT feature to all US-based users
NFT creators and collectors in the US can share their collectibles across Facebook and Instagram, while users in other supported countries can only access the feature via Instagram.
Adoption
Crypto’s utility driving adoption in Sub-saharan Africa – Chainalysis
Sub-saharan Africa has the lowest crypto transfer volume but it has the highest number of small retail payments and use of P2P exchanges.
Latest Adoption News & Analysis
Adoption
Sweden’s central bank tests CBDC for retail and international remittance payments
Sweden's Riksbank teamed up with BIS, along with the central banks of Israel and Norway to test the use of Sweden's CBDC "e-krona", results will be published in a report by the first quarter of 2023.
Staking
Chainlink launches Economics 2.0 staking programs
The SCALE and BUILD programs are part of the Economics 2.0 plan to secure the network and reward participants by introducing staking.
CBDCs
BIS concludes CBDC pilot with cross-border payments totalling $22M transacted
The Bank for International Settlements (BIS) advisor announced the successful completion of a CBDC project involving multiple Asian central banks and a detailed report to follow this October.
Adoption
Nexo acquires stake in Summit National Bank to expand US offering
The acquisition will enable Nexo to offer bank accounts, asset-backed loans, card programs, and escrow and custodial solutions to its users in the U.S.
Banking
Former IMF official believes CBDCs need to function offline to gain mass adoption
A new blog post by former IMF official tracked the history of offline CBDCs and why he thinks they should used worldwide to promote financial inclusion.
Taxes
UK should lower crypto tax rate to encourage growth – MP Matt Hancock
Matt Hancock announced during Zebu Live that HMRC needs to take a growth-maximizing mindset by lowering taxes to foster innovation within crypto
More Adoption News Headlines
Adoption
Russia’s financial regulators agrees on crypto use for international payments
Gaming
Zilliqa launches web3 gaming console with in-built miner and crypto wallet
Adoption
Binance sets up global advisory board to drive responsible regulation of crypto
Adoption
