Crypto News Cast For October 18th 2022 ?Cryptocurrency

Crypto News Cast For October 18th 2022 ?

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.

24hours Cryptocurrency Market Cap:

📈MarketCap:          $932 B
📊24h Mcap %:       -0.24%
⚠️Bitcoin Dom:        39.90%
📌Active Coins:       12749
📍24h Vol %:           -0.80%
💲24h Vol:               $50 B

Crypto News Updates :

  • Curitiba City In Brazil Considers Accepting Cryptocurrencies For Tax Payments
  • By 2024, Koreans Will Have Access To Digital IDs Powered By The Blockchain
  • Banks To Offer Bitcoin And Crypto Trading With The Aid Of MasterCard
  • The Crypto Division Of Société Générale Receives Regulatory Approval In France
  • Germany Overtakes The US As The Leading Cryptocurrency Economy In Q3
  • Crypto Will Disrupt Payments In Massively, According To Walmart’s CTO
  • Ethereum To Kick Start Shanghai Upgrade Testnet Launch
  • Polkadot Development Activity Peaks in Q3: Report
  • During The Three-month Equity Sell-off, Ethereum Outperforms Nasdaq By 20%

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– Curitiba City In Brazil Considers Accepting Cryptocurrencies For Tax Payments

The Brazilian state of Parana is considering allowing cryptocurrency payments for municipal taxes. City councilor Noemia Rocha, who is the project’s architect, urged the city to take into account how this might be accomplished with the aid of third-party payment businesses. The idea encourages Curitiba, which is a tech centre in the nation to investigate the potentials. Read Full on Bitcoin News.

– By 2024, Koreans Will Have Access To Digital IDs Powered By The Blockchain

As the country further adopts blockchain technology, South Koreans may soon be able to use blockchain-based digital identity (ID) in place of traditional cards. This will happen around 2024, with around 45 million citizens expected to adopt the technology. In the future, digital IDs will be integrated as apps within mobile devices, working similarly to real resident registration cards. Read Full on cointelegraph.

– Banks To Offer Bitcoin And Crypto Trading With The Aid Of MasterCard

According to CNBC, Mastercard is expected to reveal plans for a program that will assist institutions in offering bitcoin and cryptocurrency trading soon. In order to “bridge” the gap between banks, Mastercard will cooperate with Paxos and ensure security and regulatory compliance. This is seen as a major reason many institutions have cited for staying away from bitcoin and other cryptocurrencies. Read Full on Bitcoin Magazine.

– The Crypto Division Of Société Générale Receives Regulatory Approval In France

Société Générale, France’s third-largest lender by market cap, has received approval to offer digital asset services in France. This includes custody, purchase, sale, and exchange of digital assets. Providers must register with the AMF before offering services like cryptocurrency custody or running a trading platform in France.  Read Full on Decrypt.

– Germany Overtakes The US As The Leading Cryptocurrency Economy In Q3

In the third quarter of 2022, Germany’s crypto economy became the most promising in the entire globe, according to a recent study. The joint top-rank holder from the previous quarter, the United States, dropped six spots to place sixth on the list of the top crypto economies. In order to assess countries, Coincub’s crypto economy rankings took into account a number of variables, including a promising crypto future, transparent crypto tax laws, and more open regulatory communications. Read Full on cointelegraph.

– Crypto Will Disrupt Payments In Massively, According To Walmart’s CTO

Suresh Kumar, the global chief technology officer of Walmart, predicts that in the future, customers’ ability to pay for both digital and tangible goods will be majorly disrupted by cryptocurrencies. In a speech at the Yahoo Finance All Markets Summit on October 17, Kumar discussed Walmart’s stance on digital assets in a more general way. He noted that crypto will play a significant role in how customers transact for both tangible and intangible goods. Read Full on cointelegraph.

Ethereum To Kick Start Shanghai Upgrade Testnet Launch

The Ethereum Foundation announced that the pre-Shanghai network “Shandong” will launch in September 2023. Many Ethereum Improvement Proposals (EIPs) will be tested in Shandong before being built, modified, and then narrowed down to the small number of upgrades that will be included in Shanghai when it eventually goeslive. Read Full on Decrypt.

– Polkadot Development Activity Peaks in Q3: Report

According to the latest data, August saw approximately 14,930 developer contributions on Polkadot’s GitHub. This is a new monthly ATH by a significant margin. Despite the prolonged cryptocurrency bear market, Polkadot outperformed the former margin by finishing the month with 15,433 contributions. This is an unprecedented level of contribution on any network, including Ethereum. Read Full on CryptoPotato.

– During The Three-month Equity Sell-off, Ethereum Outperforms Nasdaq By 20%

The second-ranked cryptocurrency, Ethereum, is outperforming the Nasdaq by almost 20% despite the fact that the stock market is frequently taken into account when examining the performance of the largest cryptocurrency. Since mid-July, when the stock market has been experiencing a sell-off, Ethereum has actually been outperforming the Nasdaq by more than 20%. Read Full on Finbold.
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