shopping

According to Cointelegraph, just days after Kenya implemented its first comprehensive cryptocurrency law, several large shopping malls in Nairobi have installed ATMs branded "Bankless Bitcoin," providing local residents with cash-to-cryptocurrency exchange services.It is reported that Kenya implemented the "2025 Virtual Asset Service Providers Act" on November 4, which is the country's first formal licensing framework for cryptocurrency platforms such as wallet operators, exchanges, and custodians.

ChainCatcher news, according to the official announcement, the blockchain jewelry brand Bitring has announced a global expansion plan, with all new stores located in LVMH Group malls. The brand stated that this location strategy is an important part of its innovation in the application of blockchain technology.It is reported that Bitring is a DePIN + AI project based on the BNB Chain, with 70% of its tokens allocated for community mining and 30% for a user insurance fund subsidy pool. The team and investors do not own any tokens. During the mining period, Bitring users will enjoy reinsurance subsidy compensation within the scope of global health insurance. The platform aims to incentivize holders through fair launches and support a decentralized community economy. The Bitring team hopes to enter the Web3 insurance field through the ring as an entry point in the future.

ChainCatcher news, Liu Peng, CEO of JD Coin Chain Technology, recently revealed in an exclusive interview with Bloomberg Businessweek/Chinese Edition that JD's Hong Kong and Macau self-operated e-commerce will soon support stablecoin shopping. JD Coin Chain plans to obtain a license in early Q4 2025 and simultaneously launch stablecoins pegged to the Hong Kong dollar and other currencies. The company is currently testing in the Hong Kong Monetary Authority's stablecoin issuer sandbox, focusing on the application of stablecoins in three major scenarios: cross-border payments, investment transactions, and retail payments.Liu Peng stated that stablecoins will serve as a new financial infrastructure in the Web 3 era, with advantages such as reducing transfer times from days to seconds and cutting costs by at least half compared to traditional transfers, and are expected to play a "disruptive" role in scenarios like international trade.

ChainCatcher news, according to Cryptonews, Thailand's Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced on Wednesday at a seminar of the Thai Marketing Association that Thailand will launch a new cryptocurrency payment project, starting from the popular tourist destination of Phuket. The project will allow foreign tourists to use digital assets for shopping in the tourist city.Pichai Chunhavajira emphasized that the pilot program will comply with the existing legal framework to ensure that no laws are violated. The pilot in Phuket will allow foreign tourists to register their Bitcoin through Thai exchanges, complete identity verification, and then use cryptocurrency to pay for goods and services.Previous news reported that a former Thai Prime Minister suggested trialing Bitcoin payments in Phuket.

ChainCatcher news, the Web3 shopping application Bion announced the completion of a new round of strategic financing, with TON Ventures participating. The specific financing amount and valuation data have not been disclosed.Bion mainly utilizes blockchain technology to enhance the shopping experience and provide value-added services to consumers. The new funds will be used to expand its Web3 shopping platform that offers cashback rewards and to enhance its crypto rewards.

ChainCatcher news, the metaverse platform Highstreet has partnered with the Asian esports team TALON to jointly launch a commemorative physical collectible, along with a digital version for Highstreet World metaverse. As part of this collaboration, a co-branded hoodie is exclusively available for purchase at the Forbidden TALON Temple, featuring black and white color options, priced at $89 (settled using HIGH tokens).

Chain Catcher news, the full-stack metaverse shopping platform 1Verse is in discussions with several global investors for the next round of financing exceeding $50 million. The corporate finance team of Rand Merchant Bank (RMB), part of FirstRand Bank Limited based in Johannesburg, is currently assisting 1Verse with the financing.Krishna Nagar, Co-Head of Corporate Finance at Rand Merchant Bank, stated, "We are excited to work with the founders of 1Verse to bring in strong investors to support the rapid expansion of this exciting pioneer platform." (Source link)