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US Government to Report Seized Crypto as ‘Nonmonetary Property’
23.6.2024
The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The federal authority claims that cryptocurrencies...
EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA
13.6.2024
The European Banking Authority (EBA) published on Thursday the final draft technical standards on prudential matters for firms to comply with that fall under the markets in crypto assets (MICA) legislation
Crypto enthusiasts warn against naira trade ban on exchanges
8.6.2024
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services
New York sets customer service standards for virtual currency entities
30.5.2024
The BitLicense just got a little tougher with new mandatory standards for treating customers right
Turkey Drafts Crypto Bills To Align With International Standards
17.5.2024
The crypto law that was presented by Abdullah Güler, the group chairperson of the political group AK Party, on May 16 would significantly regulate the cryptocurrency business in compliance with global norms.
The post Turkey Drafts Crypto Bills To Align With International Standards appeared first...
Turkey proposes aligning crypto legislation with international standards
17.5.2024
The draft law aims to govern crypto asset service providers, crypto asset platform operations, crypto asset storage, and crypto asset buying, selling, and transfer transactions
Boosting AI: Senators propose $32B investment plan for US tech growth
16.5.2024
After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development
Binance Kazakhstan Secures ISO Certifications for Security and Privacy
14.5.2024
Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance...
Turkey’s Crypto Regulations Ready for Parliament, Draft Prioritizes Consumer Protection and Global Standards
13.5.2024
Lawmakers in Turkey are reportedly set to submit a draft law on crypto regulation to the parliament this week. The proposed regulations aim to reduce risks for people dealing with cryptocurrency.
The post Turkey’s Crypto Regulations Ready for Parliament, Draft Prioritizes Consumer Protection...
Turkey Prepares New Crypto Law to Align With International Standards
13.5.2024
Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with international standards and reducing risks associated with crypto transactions, will enforce strict regulations on the licensing and operation of cryptocurrency trading...
Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards
9.5.2024
Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly...
HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability
8.5.2024
Project Ensemble Architecture Community will assist in the implementation of the Sandbox, slated to launch by mid-2024.
The post HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability appeared first on Cryptonews
MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
30.4.2024
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account
BlockDAG Sets New Standards: Outshining Solana Blockchain and Aptos with $17.8M Presale and Moonshot Keynote Teaser
17.4.2024
In Q1 2024, the Solana blockchain led the pack with an impressive 2.4 Billion transactions. Despite its success, Solana faced issues with transaction failures that stirred negative market reactions. Meanwhile, the Aptos (APT) price struggled, dropping over 16%. Amid these fluctuations, BlockDAG...
Setting new standards for crypto excellence with NEAR Protocol (NEAR), Chainlink (LINK), and Koala Coin (KLC)
17.4.2024
The crypto-coaster ride ascends as NEAR Protocol (NEAR), Chainlink (LINK), and the presale of Koala Coin (KLC) ignite, accelerating at stage one with an exhilarating price of $0.014. Seize the thrill; the fear of missing out (FOMO) is real as Koala Coin pioneers a joyful revolution in crypto...
BlockDAG sets new standards in crypto with exceptional $15.5M presale results & revolutionary technology, surpassing CRO’s predictions and Tezos’s NFT innovations
11.4.2024
As the crypto community looks ahead to 2024’s top investments, BlockDAG emerges as a key player, making headlines with its presale soaring over $15.5 million. This achievement reflects the market’s confidence in BlockDAG and its potential for massive returns, with analysts forecasting...
Securing the Future of Asset Tokenization Requires Industry-Wide Standards: Casper Exec
29.3.2024
HSBC's recent launch of retail gold tokens underscores the growing adoption of financial asset tokenization, a practice that's transitioning from early adoption to mainstream use.
The post Securing the Future of Asset Tokenization Requires Industry-Wide Standards: Casper Exec appeared first...
Slothana Crypto Presale Trends On Twitter, Next Solana Meme Coin to Go Viral After $SLERF?
27.3.2024
A new Slothana ($SLOTH) crypto presale is trending on Twitter – and that’s because a lot of people think it will be the next Solana meme coin to go viral, just like $SLERF. Sloth coin $SLERF has been a sensation, even by the standards of meme coins. So much so that Bloomberg reported with amazement...
DeeStream (DST) sets streaming standards high: Near Protocol (NEAR) & Cosmos (ATOM) investors rally for early access
19.3.2024
Seasoned investors in the crypto market know that the market is entirely predictable. While the market may look profitable, they are always aware that they may lose their investments just as fast. As a result, the previous week’s dip in crypto prices won’t shock these veterans who were already...
UK Regulatory Framework Will Embrace Coexistence of Stablecoins and CBDCs, Aligned with EU Standards
6.3.2024
The United Kingdom is set to embrace the coexistence of stablecoins and central bank digital currencies (CBDCs) in its regulatory framework. This move signifies a strategic alignment with the EU's regulatory framework and will position the UK as a progressive player in the evolving landscape...