According to an analysis from Moody’s Investors Service, AI and distributed ledger technologies are set to disrupt companies, industries, and economies across the globe.
Taiwan takes center stage with new crypto regulations. Assessing…
Taiwan’s guidelines have a strong focus on fostering self-regulation within the virtual asset services industry. Internal control and audit systems are also a part of the regulatory framework. Taiwan’s Financial Supervisory Commission (FSC) unveiled a set of comprehensive guidelines for virtual asset service providers (VASPs). In September, the FSC will officially introduce its “Guiding Principles […]
Kenyan Official Calls Worldcoin a ‘Gang of Criminals Who Are Coming to Harvest Data’
Kenyan authorities continued to scrutinize controversial project Worldcoin by grilling CEO Alex Blania on Wednesday. At a parliamentary ad hoc meeting, lawmakers voiced privacy concerns surrounding Worldcoin. One lawmaker said that the project’s arrival to Kenya “looks like a gang of criminals who are coming to harvest data from young people.” Worldcoin is a cryptocurrency […]
Judge Faruqui’s Ruling Shakes Up BinanceUS and SEC Battle
In the case between Binance.us and the US Securities and Exchange Commission, the judge has agreed with the joint stipulation filed by both parties. This was after the exchange had sought for protective order with the SEC filing for a sealed motion for leave to file documents under seal. The legal battle between Binance.us and […]
Telegram’s TON Sees 45% Surge in August Amidst Growing Ecosystem
Telegram’s TON coin experienced a surge of 45% during August. This surge follows the recent surge in the popularity of Telegram Bot apps this summer, such as the notable Unibot, which has rivaled the revenues of prominent DeFi protocols. Notably, these Telegram Bot apps serve as interfaces to Ethereum protocols. While they don’t directly utilize […]
News Explorer — UK Crypto Firms Offered 3-Month Grace Period to Comply With New FCA Advertising Rules
Coindesk UK Crypto Firms Offered 3-Month Grace Period to Comply With New FCA Advertising Rules The UK’s Financial Conduct Authority (FCA) has announced that crypto firms may be given an additional three months to implement regulations aimed at curbing aggressive marketing. The new rules, which were originally set to take effect on October 8th, include […]
Cardano Holders Unstake $45M in 7 Days – What Next For ADA Price
Over the past three weeks, Cardano’s (ADA) price has consolidated within the $0.25 – $0.28 territory. But recent on-chain data trends could tilt the momentum in favor of the bears. The pensive mood surrounding the global altcoin market has recently seen Cardano’s price stagnate around the $0.25 range. The recent on-chain activity among ADA price […]
XRP Poised for Take-Off in the US via Ripple’s ODL as Pundit Sees Potential Adoption By Big Banks
Well-known crypto Lawyer John E. Deaton spoke to Nick Burrafato from Linqto about ways he sees banks being able to use XRP via ODL. In July, Judge Torres granted a partial victory to Ripple and a partial victory to the US Securities and Exchange Commission (SEC). The SEC had sued Ripple over its sales of […]
UK Regulator Delays Tighter Crypto Marketing Rules until 2024!
The post UK Regulator Delays Tighter Crypto Marketing Rules until 2024! appeared first on Coinpedia Fintech News The UK’s Financial Conduct Authority (FCA) has announced it will delay certain tighter crypto marketing rules until 2024. Firms can apply for a delay on changes, such as a cooling-off period. The regulator expressed concern about the lack […]
OpenCover Raises $4M in Seed Funding with Coinbase Support!
The post OpenCover Raises $4M in Seed Funding with Coinbase Support! appeared first on Coinpedia Fintech News OpenCover, a decentralized insurance provider catering to cryptocurrency and Web3 platforms, has officially launched on Base. The company has also received support from Coinbase through the Base ecosystem funding program. In addition, it has raised $4 million in […]