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Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024
7.5.2024
Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and Google will promptly comply with the SEC’s request...
Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half
6.5.2024
The Philippines' securities regulator is set to unveil a regulatory framework for crypto assets and trading by the latter half of 2024.
The post Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half appeared first on Cryptonews
S&P Global Says US Stablecoin Adoption Could Soar Following New Rules
25.4.2024
S&P Global said the recent change in rules involving the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence.
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Linux on Bitcoin? Open-source framework BitVMX envisions BTC-powered programs
24.4.2024
A new Bitcoin computational framework aims to power various applications and functions using native BTC, including token bridges and aggregator oracles
Thailand to Block Access to 'Unauthorized' Crypto Platforms
22.4.2024
Authorities in Thailand have decided to block "unauthorized" crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, an announcement on Friday last week said
Canada To Adopt International Standard For Crypto Tax Reporting – Here’s What That Means
19.4.2024
Canada is set to implement the International Crypto-Asset Reporting Framework (CARF) for crypto tax reporting by 2026, as per the country's 2024 budget. The move will place new obligations on Canada crypto service providers, such as exchanges and ATM operators, to report transactions and customer...
Cryptocurrencies Not Banned, Vietnam Requires Legal Framework for Regulation — Govt Official
15.4.2024
A government official from Vietnam has stated that cryptocurrencies are not prohibited. However, the country urgently needs to establish a legal framework to regulate their use, the official said. The Finance Ministry has been tasked with drafting a framework to govern crypto assets, which is...
DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital
15.4.2024
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures.
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Vietnam Not Banning Crypto, But Legal Framework Needed: Ministry Rep
15.4.2024
A Vietnam ministry representative clarified Friday that crypto is not prohibited within the country. However, he emphasized the importance of establishing a legal framework to regulate them and mitigate potential risks.
The post Vietnam Not Banning Crypto, But Legal Framework Needed: Ministry...
DePIN Platform Uplink Raises $10M Led by Framework Ventures
11.4.2024
The decentralized wireless platform offers a token-reward system to incentivize users to contribute to the network
Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis
10.4.2024
Tillis stressed “light” regulation to help curb illicit crypto financing during the Senate Banking Committee meeting on Tuesday.
The post Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis appeared first on Cryptonews
Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Election
9.4.2024
Lawmakers on both sides of the aisle urged the need for new crypto laws on Tuesday, as Deputy Treasury Secretary Wally Adeyemo asked for “additional tools” to effectively crack down on illicit crypto financing
Aave Introduces New Proposal to Adjust MakerDAO DAI Risk Parameters
3.4.2024
Aave, a leading lending protocol, has unveiled a new proposal through its Aave Risk Framework Committee (ARFC) to adjust the risk parameters linked to the MakerDAO stablecoin, DAI.
The post Aave Introduces New Proposal to Adjust MakerDAO DAI Risk Parameters appeared first on Cryptonews
TITAN: The first AI game with NIM Network’s economic framework for AI agents
3.4.2024
NIM Network, a gaming and deep-tech cryptography service of Dymension Network, announced the introduction of the first-of-its-kind AI gaming experience named TITANS on March 2nd. With the launch of TITANS, NIM aims to create a more immersive and engaging gaming experience in the Web3 space....
VanEck Advisor Gabor Gurbacs Concerned Over the Impact of Stringent Crypto Regulations on Innovation
27.3.2024
VanEck advisor Gabor Gurbacs had on March 27 expressed concerns over the incompetence of modern-day crypto regulations and their negative effects on innovations. His criticism stemmed from the instability in the crypto industry as it relates to the regulatory framework in light of the US Securities...
Vitalik Buterin Unveils New “Rainbow Staking” Framework For Ethereum – Here’s How It Works
21.3.2024
Ethereum's Vitalik Buterin has a bold plan to address the centralization of staking power with 'Rainbow Staking.' This new model could break the dominance of major exchanges and empower solo stakers. Learn how Rainbow Staking looks to decentralize Ethereum, the risks it targets, and its potential...
DigitByte Blockchain aligns with the NIST cybersecurity framework
21.3.2024
DigiByte Blockchain has shared insights about how it perfectly aligns with the cybersecurity frameworks that NIST has laid down. An acronym for the National Institute of Standards and Technology, NIST majorly emphasizes boosting protection for information and information systems. The goal is...
Nigeria’s SEC Proposes 400% Registration Fee Increase for Crypto Firms
19.3.2024
Nigeria's Securities and Exchange Commission (SEC) has put forward amendments to the regulatory framework governing platforms offering cryptocurrency services, suggesting a significant increase in registration fees for crypto exchanges.
The post Nigeria’s SEC Proposes 400% Registration...
Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’ From G20 Discussion
17.3.2024
Indian Finance Minister Nirmala Sitharaman has stated that it is the position of the Indian government that crypto assets cannot be currencies, which are issued by central banks. She clarified that crypto assets can be used for trading, speculation, profit-making, and various other purposes....
Lionscraft partners with stc Bahrain to develop Web3 framework
8.3.2024
A strategic partnership has been established between stc Bahrain and Lionscraft to jointly develop a framework that is in line with the forthcoming Web3 digital transformation. The collaboration aims to establish stc Bahrain as the leading provider of Web3 framework solutions not only in Bahrain...