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6 things the US needs to stay competitive in crypto, according to execs

The US is in danger of being left behind by more progressive jurisdictions in Asia, Europe and elsewhere.

The United States blockchain industry is falling behind more progressive jurisdictions, particularly in Asia, according to crypto industry leaders.

Fiona Murray, the managing director of Ripple Asia Pacific, told Cointelegraph that a “lack of open-mindedness” in the US is driving business overseas.

And while much of the industry is unhappy with the current regulatory landscape, there are other important factors curbing US growth. 

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MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Crypto adoption still stunted by lack of technical literacy

Confusion around crypto storage, regulations, and other factors tech-savvy people take for granted could be keeping average users on the sidelines and away from the technology. 

Despite the growing popularity of cryptocurrencies and blockchain, the complexity of the technology might be making it hard for average users to understand, adding a barrier to more people entering the space. 

According to an August survey conducted by Australian crypto exchange Swyftx, 43% of 2,229 respondents said they hadn’t used the tech because they were unsure how it works. 

Similar data from the 2023 Crypto Literacy Survey found that at least 28% of 3,000 respondents worldwide shared the same sentiment.

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MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations

Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain ReorganizationsThe Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations (reorgs) in an effort to reduce time to finality.” Polygon Team Outlines Network Upgrades to Improve User Experience On Jan. […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Web3 Must Overcome Significant UX Challenges to Reach Mass Adoption

Web3 Must Overcome Significant UX Challenges to Reach Mass AdoptionUser experience (UX) design affects nearly every waking moment of our lives. It’s not just digital either. Have you ever thought about the UX of doors? Perhaps a brief refresher of what UX is, will help. A useful definition of UX is as follows: ”A person’s perception and responses that result from the use or […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin