Tag: crypto
Gary Gensler Doubts Widespread Use of Crypto as Payment
Gary Gensler, Chairman of the U.S. SEC, spoke at an event at the New York University School of Law, sharing his views on cryptocurrency regulation.…
Thai SEC Proposes Rules for Mutual and Private Funds to Invest in Digital Assets
The Thai Securities and Exchange Commission (SEC) released new regulations on Wednesday allowing mutual and private funds to invest in digital assets. The proposed rules aim to…
Truflation Launches RWA AI Index to Track AI Growth
Analysts expect Truflation’s Generative AI industry to reach $1.3 trillion by 2032. Six firms were included, which improved AI and RWA tracking. Truflation, a leading…
UNODC Asks for a Crackdown on Unlicensed VASPs In Southeast Asia
The UNODC demands criminal penalties for unauthorized VASPs in Southeast Asia. Southeast Asia loses between $18B to $37B per year due to scams. The United…
Binance Unveils Traders League with $10M Prize Pool
Binance Traders League hosts tournaments for both teams and individuals. Participants can win from prize pools of $10M in cryptocurrency. Binance, the world’s largest cryptocurrency…
ZachXBT Helps Recover Senior Citizen’s Stolen Bitcoin
ZachXBT succeeded in recovering $275,000 in stolen Bitcoin for an elderly victim. The scammers allegedly took more than $5 million from users. ZachXBT, a blockchain…
Infinex Chooses Wormhole as Primary Interoperability Solution
Infinex works with Wormhole to improve multichain transactions. New features aim to improve the user experience in decentralized finance. Infinex, an innovative platform that enables…
Hong Kong to Approve More Crypto Exchange Licenses Soon
Hong Kong’s SFC plans on issuing further crypto licenses by the end of the year. The SFC seeks to improve regulations while enlisting digital asset…
UAE Introduces Tax Relief on Crypto Transfers and Conversions
The UAE’s Federal Tax Authority (FTA) announced key amendments to its value-added tax (VAT) regulations on October 2, 2024. The changes will exempt the transfer…
