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ETHDenver Returns to Bridge the Gap Between Innovation and User-Centricity for Web3
5.2.2024
ETHDenver will drive discussions to set new standards for UX developments to onboard the next million users to web3 February 1, 2024, Denver, CO – ETHDenver, the world’s largest annual Web3 Community Innovation Festival returns for its 7th year from 29 February to 3 March 2024 at the National...
Okx Adds Four Inscription Standards to Its Web3 Wallet and Marketplace
30.1.2024
Okx has said it will be adding support for four inscription token standards to its Web3 wallet at the beginning of and in late February. The Web3 firm has said the addition of inscription standards to its Web3 wallet and marketplace helps Okx drive the adoption of Web3 and power its next growth...
OKX Expands Token Support, Adds Atomicals, Stamps, Runes, and Doginals to Platform
30.1.2024
OKX, a prominent Web3 technology company, has announced its pioneering initiative to become the first platform to support four new inscription token standards, namely Atomicals, Stamps, Runes, and Doginals. On January 29, OKX announced its plans to add Atomicals and Runes to its marketplace as part...
US Treasury Urges Swift Crypto Regulation to Prevent Future Crises
19.1.2024
A high-ranking official at the US Treasury has called upon lawmakers to take immediate action concerning crypto regulation to avert any potential future financial crises preemptively. Graham Steele, the Treasury Assistant Secretary for Financial Institutions, argued that the world of crypto offers...
Cryptocurrency Regulations Set to Help Minimize Risks Associated With Crypto Trading — Turkey Finance Minister
12.1.2024
Mehmet Simsek, the Turkish Finance Minister, recently revealed that a draft of his country’s crypto regulations is now in the final stage. Simsek said that once they come into force, the new regulations will help minimize the risks that are associated with trading crypto assets. Minimum...
Turkey Nears Completion of Crypto Framework; Minister Confirms FATF Compliance
10.1.2024
Turkey Crypto Regulation Source: Adobe / Husamex Turkey’s Minister of Treasury and Finance, Mehmet Simsek, announced that Turkey is reportedly in the final stages of preparing a legal regulation for crypto assets. He also shared insights into the imminent cryptocurrency law and compliance...
Nebraska Legislators Introduce Bill to Aid Bitcoin Mining in Residential Properties
8.1.2024
Source: AdobeStock Nebraska has introduced a bill that seeks to reshape the state’s crypto and Bitcoin mining structures, licenses, and ownership. On Jan 5, Eliot Bostar, a Nebraska State Senator, introduced the bill to the house, which will practically adopt the Blockchain Basics Act in...
New York Offers New Virtual Currency Guidance
22.12.2023
On Nov. 15, 2023, the New York Department of Financial Services (NYDFS) issued new standards for virtual currency (coin) listings and delistings. These new regulations apply to Bitlicensees and limited-purpose trust companies and include business model considerations for virtual currency entities...
IOSCO Publishes Policy Recommendations for Decentralized Finance (DeFi)
20.12.2023
Source: Adobe / BeNeDak The International Organization of Securities Commissions (IOSCO), which sets standards for securities market regulation globally, has issued policy recommendations for the supervision of decentralized finance (DeFi). On December 19, IOSCO unveiled nine policy recommendations...
Cardano Foundation Launches Identity Wallet For Seamless Interaction With DApps
13.12.2023
Source: AdobeStock / RareStock Swiss-based Cardano Foundation, the non-profit organization created to promote the Cardano blockchain ecosystem, is introducing a new digital Identity Wallet. The new product is compatible with the World Wide Web Consortium (W3C), an international standards...
Crypto to be Measured at Fair Value in US Under New FASB Rules – Here is the Bitcoin (BTC) Price Reacted
13.12.2023
Source: DALL·E US companies that hold crypto will be required to record their tokens at the most up-to-date or “fair value”, according to the first set of crypto accounting rules issued by the US Financial Accounting Standards Board (FASB), and crypto prices are pushing higher as a result. ⚠ CRYPTO...
Google Ad Change Policy Specifically Targets Cryptocurrency Coin Trusts – Here’s the Latest
11.12.2023
Source: Pixabay Silicon Valley tech giant Google is updating its crypto ad policy to improve its advertising standards, effective January 29, 2024. The revision, specifically, targets Cryptocurrency Coin Trusts – a financial product allowing investors to trade in trusts holding large cryptocurrency...
10 Best Layer 1 Crypto Projects to Watch in 2024
6.12.2023
Many cryptocurrency investors prefer layer 1 networks over secondary tokens, such as those following the ERC-20 or BEP-20 standards. After all, layer 1 blockchains determine their own consensus models, governance, and transaction processing. This guide analyzes the 10 best layer 1 crypto projects...
Australia Considers Sector-Specific Codes for Addressing Banking and Crypto Scams
30.11.2023
Source: AdobeStock / FiledIMAGE The Australian Department of the Treasury is considering applying sector-specific codes and standards to banking and cryptocurrency scams as part of its proposed framework. On November 29, a consultation paper titled “Proposed Scams Code Framework,” aimed...
Project Tourbillon: CBDCs Can Meet Privacy Requirements, BIS Research Reveals
29.11.2023
Source: AdobeStock / Proxima Studio The Bank for International Settlement (BIS) has released the final report on Project Tourbillion, its privacy-inclined Central Bank Digital Currency (CBDC) project. A Nov 29 release shows a pathway to achieving privacy standards in CBDC deployment and usage with...
European Banking Authority Calls for Enhanced Anti-Money Laundering Rules for Crypto Providers – Regulation Incoming?
24.11.2023
Source: AdobeStock / rarrarorro The European Banking Authority (EBA) aims to update the Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) rules for crypto providers. In a consultation paper released on November 24, the banking regulator of the European Union acknowledged...
Setting new standards for crypto exchanges in the post-FTX era: Report
22.11.2023
In an industry that is growing increasingly wary of financial malpractice, which exchange is the most trustworthy?
Scrutiny of Several Altcoins Intensifies in South Korean Crypto Community
22.11.2023
Source: Enjin In South Korea, the cryptocurrency community is calling for stronger reporting standards and a more rigorous regulatory framework as multiple virtual assets encounter delistings and circulation discrepancies, according to Digital Today. The push for enhanced oversight follows a series...
Crypto Regulation News Weekly Digest: SEC Sues Kraken and IOSCO Issues Crucial Crypto Regulations
21.11.2023
  Multiple countries advanced cryptocurrency oversight last week through legal actions, guidance, and policy initiatives. Image by RareStock, Adobe Stock. The past week brought several new major developments on the crypto regulation front. The SEC sued a major crypto exchange, IOSCO developed...
Global Standards Setter for Securities Regulation Publishes Crypto Markets Policy Recommendations
17.11.2023
The recommendations are meant to help establish a global regulatory response to the risks posed by crypto asset service providers