Adoption - Vestorportal

Lack of proper financial services boosts crypto in Nigeria

A new study has shown intense growth in crypto adoption across Nigeria. The adoption is driven by limited access to affordable fiat-based financial services in Africa. The "Into the Cryptoverse Report", conducted by KuCoin, shows that many Nigerian citizens have started using cryptocurrencies as a viable alternative to store and

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Honduran special economic zone adopts Bitcoin as legal tender

A special economic zone on a tourist-centric island on Honduras' Caribbean coast has officially adopted Bitcoin as well as other cryptocurrencies as legal tender. The special zone is called "Honduras Prospera", and was established in 2020 to attract investments. The zone has administrative, fiscal, and budgetary autonomy. "Prospera's flexible regulatory

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Almost half of crypto owners first bought digital assets in 2021

* New survey by the cryptocurrency exchange Gemini * Survey of nearly 30,000 people across 20 countries * Brazil and Indonesia lead world in crypto adoption According to a survey conducted by U.S. cryptocurrency exchange Gemini, almost 50% of all cryptocurrency holders in the U.S., Latin America, and Asia purchased