Cryptocurrency Analysis and News Portal
On Sep. 14, Ripple, a blockchain company, announced plans to expand its Liquidity Hubs to Brazil and Australia to enhance liquidity management and bolster enterprise-level crypto adoption. The report notes a significant shift in technology adoption challenges, stating, “If we look back to the ‘90s and the early 2000s, the technical
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With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start. Source
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Dubai and its sibling hub Abu Dhabi were rated tops in the regulatory structure, the most heavily weighted criterion at 35% of the total score. But the impact was blunted by the UAE’s bottom-quintile crypto adoption score, indicating that the larger population of the UAE is not as crypto-savvy as
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The next challenge was to create the initial sample of hubs we should collect data for. Both of us have worked professionally in the past on rankings that began with a sample of hundreds of metro areas. But our time and resources are not unlimited; we sought to shortcut the
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According to Armstrong, the crypto asset market is here to stay, thus the reason traditional financial services are integrating with the blockchain and cryptocurrency industry. The call for crypto asset regulations in the United States has intensified following the collapse of Terra Luna UST and FTX last year. Already, the United
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The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach $69 billion by 2030. While notable,
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The Chinese State Council approved on Wednesday a plan to build computing and data hubs that use blockchain technology to secure data in four regions including the Greater Bay Area (GBA). Fast facts See related article: China writes blockchain and digital currency into nation’s future The four hubs are set to join four
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