Web3 🌒 Saturday Headline: Crypto Adoption Heats Up 🚀
1/ 🏦 Taiwan Gets First Crypto-Friendly Bank Account.
2/ 🚀 Standard Chartered Dives into Crypto Trading.
3/ 🎁 AI Arena Announces Token Launch and Exchange Listing.
4/ 📊 McKinsey Predicts Tokenized Asset Growth.
For further more details, let's keep reading!
Let's update today's news in cryptocurrency!
BitoGroup partners with a bank in Taiwan to launch the world's first crypto-friendly bank account, simplifying transactions. The British bank dives in with a new crypto trading desk for institutional investors. AI Arena's NRN token goes live on June 24th, with rewards for early players. A new report predicts a $1 trillion to $4 trillion market by 2030, but adoption is key.
Stay tuned for the details!
1/ Taiwan Gets First Crypto-Friendly Bank Account.
BitoGroup, a leading cryptocurrency exchange in Taiwan, has partnered with Far Eastern International Bank to launch the world's first dedicated crypto-friendly bank account. This collaboration streamlines the process of moving money between your bank and crypto exchange, making it easier and faster to buy and sell digital currencies. Plus, BitoGroup is partnering with major players like Neweb Technologies to expand cryptocurrency payments across Taiwan.
This collaboration marks a significant step forward for both crypto adoption and financial technology. By working with established institutions, BitoGroup is not only enhancing user experience but also fostering a more integrated financial ecosystem.
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2/ Standard Chartered Dives into Crypto Trading.
British bank Standard Chartered is jumping into the crypto game by launching a crypto trading desk. The bank will offer spot crypto trading to institutional investors, with a focus on Bitcoin and Ethereum. This move reflects Standard Chartered's growing interest in the digital asset ecosystem, and they are also investing in blockchain companies. Unlike some other banks that are only dabbling in crypto through partnerships, Standard Chartered is directly trading cryptocurrencies.
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CryptoSlam
3/ AI Arena Announces Token Launch and Exchange Listing.
The AI Arena NRN token launch will be on June 24th, 2024 at 7:00 am UTC. Early participants who joined the game's pre-release play-to-airdrop campaign are eligible to claim their tokens during this time. The announcement also mentions an upcoming listing on a centralized exchange, but the specific exchange has not been revealed yet.
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Ryan S. Gladwin
4/ McKinsey Predicts Tokenized Asset Growth.
A new report by McKinsey & Company predicts that the market size of tokenized real-world assets (RWAs) could reach $1 trillion to $4 trillion by 2030. However, this is a more conservative estimate compared to other predictions, due to slow adoption by financial institutions. Early movers in this space can capture a large market share.
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Krisztian Sandor
The world of finance is embracing crypto! From crypto-friendly bank accounts in Taiwan to institutional trading desks in Britain, big players are jumping in. Even real-world assets are getting tokenized, with a potential market size in the trillions by 2030. This integration between crypto and traditional finance is a major step forward, making crypto easier to use and paving the way for a more innovative financial future.
Disclaimer: The information provided in this blog post is based on external sources. Please do your own research and due diligence before making any investment or financial decisions based on the content shared here.
