Exchanges
Binance KYC Soulbound Tokens go live as users receive airdrop
Binance Account Bound token (BAB) has gone live and users can now use the token as proof of KYC verification through Binance
Liam 'Akiba' Wright 2 min read
Adoption News
Follow crypto adoption news across institutions, governments, merchants, and consumers as digital assets move further into everyday use.
Coverage footprint 17.9%
News sentiment 55 /100
Top Adoption Stories
CBDCs
India’s central bank plans CBDC launch in 2022 with help from fintechs, public banks
The Reserve Bank of India (RBI) is currently consulting fintech companies and asked four public sector banks to pilot India's CBDC project later this year.
Merge
Ethereum’s Merge: Analytics suggest it is doing little to attract new users
Outside of the hacks and token collapses of this year, the merge has been one of the most discussed events and has been omnipresent in the last week as seen in IntoTheBlock’s word cloud for Ethereum news.
Latest Adoption News & Analysis
Partnerships
PolygonLEAP accelerator program gives rise to 6 Web3 startups
Polygon-sponsored accelerator program has announced 6 winning projects that will share from a grand prize of $250,000.
Stablecoins
Russia to settle cross-border payments using stablecoins
Russia is developing a digital platform that will allow it settle cross-border transactions with more friendly countries using commodity-backed stablecoins.
Adoption
Singapore’s largest bank DBS to offer crypto services to 300,000 investors
DBS Bank CEO Piyush Gupta has affirmed that cryptocurrency services will soon be available to over 300,000 accredited investors in Asia.
Adoption
Saylor says Bitcoin’s Lightning Network most important technology in the world right now
Michael Saylor announced that MicroStrategy is working on an inhouse Lightning Network solution that will onboard over 10 million consumers.
Regulation
Congress not looking to ban crypto as it has ‘too much money and power behind it’
U.S. Congressman Brad Sherman admits crypto has too much money behind it to be banned, even though he sees it as a threat to U.S. national security.
Adoption
Crypto startup wins cybersquatting dispute against Deloitte
Deloitte argued that crypto startup DKYC's domain name directly contradicts its own "knowyourclient" service by promoting anonymous crypto transactions.
More Adoption News Headlines
Investments
Despite market downturn, US sees 44% increase in retail crypto investors
Regulation
Iran implements rules allowing businesses to use crypto for import trade transactions
Adoption
CryptoSlate Wrapped Daily: Fed’s Powell hawkish on inflation as BTC tumbles, Taliban ban crypto
Adoption
