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Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says


Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....

Ukraine, US Shut Down 9 Cryptocurrency Exchanges


Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from ransomware attacks and various fraud schemes. Cyberpolice, US Investigators Bust...

Mad Lads working to bring Solana back on track


It has been a while now since the Solana NFT ecosystem was up against certain obstacles. This compelled the deGods, as well as y00ts collections, to shift away from the blockchain. So was the case with the prime Solana marketplace, Magic Eden, which was having difficulty in satisfying both...

Netflix’s Love Is Blind Live Failure Had Big 'Game Servers Are Down' Energy


On April 16, Netflix viewers looking to enjoy the Love Is Blind live reunion special had to endure what so many live-service gamers have gone through before: Upon logging in at the promised kick-off time of 5 p.m. PT, would-be viewers were greeted not by the special but a perpetual “It’s almost...

Musk Mulls AI Startup to Rival Chatgpt Maker Openai, Report


Entrepreneur Elon Musk is preparing to launch a startup that will compete with Openai, the creator of Chatgpt, a media report unveiled. According to quoted knowledgeable sources, the owner of Twitter and Tesla is already assembling a team of developers and talking to investors. Elon Musk Reportedly...

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025


Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such as mining and trading. Belarus...

Ukrainian Startup Promin Aerospace to Send Historical NFTs Into Space


Promin Aerospace is a Ukrainian rocketry startup with backing from Google among others. The company is working with the Meta History Museum to launch into space a collection of artworks about the war with Russia in the form of NFTs (non-fungible tokens). The team recently joined the Bitcoin.com...

Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says


Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the banker revealed. Sberbank Sees Solution to Russia’s...

Nigerian Fintech Flutterwave Obtains Two Licenses From Rwandan Central Bank


Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Bank of Rwanda, which allow it to offer its services to more than 13 million people living and working in Rwanda. According to Flutterwave’s representative in the country, the two licenses...

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