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crypto adoption
Voyager Customers Could Recover Some Funds After FTX Sale; Crypto Adoption Slowed in 2021: Chainalysis
Hodlonaut won a lawsuit against self-proclaimed "Satoshi Nakamoto" Craig Wright on Thursday. Customers of bankrupt crypto lending platform Voyager Digital could recover 72% of their investments if a bid by FTX.US to buy the lender goes through. Crypto adoption slowed since the onset of the bear market this year but still remains above levels seen before 2021, according to Chainalysis.

Robo-Adviser Betterment Launches Crypto Offering With Customized Portfolios
Betterment, the largest independent robo-adviser, is letting its clients invest in a handful of crypto portfolios for the first time, but recommends limiting crypto exposure to no more than 5% of investable assets. "The Hash" team discusses the latest move bringing retail crypto adoption.

Warner Music Group Continues Web3 Expansion With New Metaverse Job Posting
Music and entertainment conglomerate Warner Music Group (WMG) is continuing to expand its Web3 strategy, evident in its latest job posting for a senior director for metaverse development. "The Hash" group discusses Warner Music's latest Web3 push and the implications for mainstream adoption.

Interest Surges in Bitcoin Speculation; MENA Was Fastest-Growing Crypto Market: Chainalysis
Open interest in bitcoin perpetual swaps has spiked to an all-time high. Plus, the Middle East and North Africa (MENA) region was the fastest-growing market for crypto adoption from July 2021 to June 2022 according to blockchain analytics firm Chainalysis.

Why Indonesia Is Bullish About Crypto Adoption
The Indonesian government is pushing for locally issued crypto tokens to one day join palm oil or coal among the country's major export commodities. CoinDesk’s Emily Parker discusses the current state of crypto adoption in Indonesia.

Bitcoin and Ether Bounce Back Ahead of FOMC Meeting
Bitcoin (BTC) regains $19,000 and ether (ETH) bounces back after sinking 15% post-Merge. Bruno Ramos de Sousa, head of global expansion at Hashdex, shares his market outlook as institutional interests in crypto increase. Plus, the current state of crypto adoption in Latin America and Europe.

EDX Markets CEO: Nasdaq Push Into Crypto ‘Great Development’ for the Market
Financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Investments announced the start of cryptocurrency exchange EDX Markets. Jamil Nazarali, former executive at Citadel Securities who will be leading the exchange, joins “First Mover” to discuss Wall Street’s move toward digital assets and the increasing institutional interest in the crypto world.

Nigeria to Create Virtual Free Zone With Crypto Exchange Binance
The Nigerian Export Processing Zones Authority (NEPZA) is in discussions with crypto exchange Binance over plans to create a virtual free zone focusing on blockchain and the digital economy, the agency said. “The Hash” panel discusses what this means for the country’s crypto adoption and regulation.

Iran Passes Law to Use Crypto Payments for Imports: Report
Iran has passed legislation enabling the use of bitcoin and other cryptocurrency as payments for imports, according to reports from local news outlet Tasnim and the Bitcoin Magazine. “The Hash” panel discusses what this means for sanctions and global crypto adoption.

Samsung Securities, Others Eye Launching Crypto Exchanges in 2023: Report
Seven large traditional brokerages in South Korea, including Samsung Securities, have started laying the groundwork to launch their own crypto exchanges in the first half of next year, according to Korean outlet NewsPim. “The Hash” panel discusses what this means for South Korean crypto adoption and regulation.
