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Future AI Models Will ‘Know Users Better Than They Know Themselves’ – Calanthia Mei
26.2.2024
The rapid proliferation of artificial intelligence (AI) models in recent years is contributing to the escalating problem of personal data harvesting, or “grabbing,” by major tech companies, Calanthia Mei, the co-founder of the data marketplace Masa, has argued. Mei, a Web3 builder...
South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’
26.2.2024
In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto assets in 2021, is expected to “publish additions to include stablecoins as a particular type of crypto asset.” The consortium is also considering...
$30 Billion RIA Platform Carson Group Approves Only 4 Bitcoin ETFs
26.2.2024
With $30 billion in assets, Carson Group narrows down spot Bitcoin ETF options to four, focusing on high-performing funds from BlackRock, Fidelity, Bitwise, and Franklin Templeton.
The post $30 Billion RIA Platform Carson Group Approves Only 4 Bitcoin ETFs appeared first on Cryptonews
Russian Parliament Set to Approve Use of ‘Digital Assets’ in International Payments
26.2.2024
Russian parliament members could this week approve legislation that will allow firms in the nation to use “digital financial assets” in the international payments space.
The post Russian Parliament Set to Approve Use of ‘Digital Assets’ in International Payments appeared first on Cryptonews
Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review
25.2.2024
Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $100,000 by June this year. The AI cryptocurrency sector has seen a remarkable surge, with over...
SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting
25.2.2024
Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible token (NFT) marketplace SBINFT, has said....
Canadian Crypto Custody Firm Balance Sees Assets Reach $2 Billion Amid Market Recovery
23.2.2024
Balance, a digital asset custodian based in Canada, has revealed that it has once again achieved $2 billion in assets under custody (AUC) amid the recent recovery in crypto markets.
The post Canadian Crypto Custody Firm Balance Sees Assets Reach $2 Billion Amid Market Recovery appeared first...
UK Law Commission Seeks To Classify Cryptocurrencies As “Property” In New Draft Bill
22.2.2024
A proposed UK law would officially define cryptocurrencies as a distinct form of property. This move seeks to create greater legal certainty, bolstering protections for holders of digital assets. The Law Commission of England has launched a consultation exercise on the bill, drawing from recent...
South Africa’s Budget Review Signals Embrace of Digital Payments and Crypto Assets
22.2.2024
South Africa has unveiled its 2024 budget, leveraging stablecoins and blockchain technology to promote financial inclusion and act as a critical driver for enhancing digital payments nationwide.
The post South Africa’s Budget Review Signals Embrace of Digital Payments and Crypto Assets...
Ondo Finance Integrates Tokenized Treasuries Onto Aptos
22.2.2024
Aptos is the latest chain to offer users access to Ondo’s USDY
Texas Crypto Firm Lejilex Sues SEC Following Overstretched Securities Classification
22.2.2024
Texas-based cryptocurrency firm, Lejilex has filed a lawsuit against the Securities and Exchange Commission (SEC) over securities labels on cryptocurrency assets.
The post Texas Crypto Firm Lejilex Sues SEC Following Overstretched Securities Classification appeared first on Cryptonews
South Korea’s KODA Sees 248% Growth in Crypto Assets Under Custody in Second Half of 2023
22.2.2024
Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has seen a remarkable growth in crypto assets under its custody.
The post South Korea’s KODA Sees 248% Growth in Crypto Assets Under Custody in Second Half of 2023 appeared first on Cryptonews
South Korea’s Most Populated Province Traces and Collects $4.6M From Crypto Tax Evaders
22.2.2024
South Korea's most populated province, Gyeonggi, has collected $4.6 million from crypto tax evaders, it announced on Thursday, according to a local report by Yonhap News Agency
Former Fidelity Digital Assets Head Joins Advisory Board of Ethereum L2 Layer N
21.2.2024
Luc Froehlich will help guide Layer N's Real World Asset, TradFi, and tokenization strategies
Crypto Advocacy Group Urges Senate Banking Chair to Reject Elizabeth Warren’s DAAMLA Bill
21.2.2024
US crypto advocacy group, the Chamber of Digital Commerce (CDC), is opposing Senator Elizabeth Warren’s anti money-laundering (AML) DAAMLA legislation, claiming she is “trying to kill the entire industry,” according to a tweet yesterday on X. Digital assets have been under attack...
CME Group Expands Derivatives to Micro-Euro Bitcoin and Ether Futures
20.2.2024
CME Group announces plans to launch Micro Bitcoin Euro and Micro Ether Euro futures in March, pending regulatory approval. The move will provide investors with greater tools to manage their crypto exposure as the adoption of digital assets continues to rise. CME Group cites the success of previous...
AI Crypto Assets Skyrocket With Over $10 Billion Added to the Sector in 17 Days
20.2.2024
In the last 17 days, the value of artificial intelligence (AI) cryptocurrency assets has soared, with a significant addition of $10.21 billion to their overall market value. This surge aligns with the unveiling of Openai’s latest innovation, a generative AI-powered application capable...
Bitcoin Whales Move $1 Billion Worth of Assets From Coinbase – What’s Going On?
20.2.2024
The amount of Bitcoin (BTC) held on Coinbase has plummeted by almost $1 billion worth of assets as whales move their holdings.
The post Bitcoin Whales Move $1 Billion Worth of Assets From Coinbase – What’s Going On? appeared first on Cryptonews
Switzerland’s PostFinance Starts Offering Crypto in Partnership With Sygnum
20.2.2024
Switzerland’s PostFinance has partnered with the crypto bank Sygnum to launch a new retail cryptocurrency for its 2.5 million customers on Wednesday, as digital assets become an “integral part” of the financial world.
The post Switzerland’s PostFinance Starts Offering Crypto in Partnership...
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
20.2.2024
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report