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Article by Steve Kaaru

Japan isn’t banning P2P digital asset transfers, FSA clarifies
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23 February, 2024

Japan isn’t banning P2P digital asset transfers, FSA clarifies

The Financial Services Agency recommended that banks prohibit transfers to VASPs if the sender’s name differs from the account name,...
Japan VCs may be allowed to hold digital assets under new bill
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23 February, 2024

Japan VCs may be allowed to hold digital assets under new bill

The economic reform bill was approved by the Ministry of Industry, and it will enable venture capitals to invest in...
ChatGPT unable to detect smart contract vulnerabilities: study
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22 February, 2024

ChatGPT unable to detect smart contract vulnerabilities: study

A team of researchers from Salus Security found that GPT-4 scored poorly in detecting smart contract vulnerabilities and tended to...
South Korea’s ruling party to push digital asset taxes to 2027 in election pledge
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22 February, 2024

South Korea’s ruling party to push digital asset taxes to 2027 in election pledge

The People Power Party is luring voters with promises to defer the upcoming taxes by another two years to 2027...
Honduras bans banks from dealing with digital assets
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22 February, 2024

Honduras bans banks from dealing with digital assets

Despite regional adoption, banks in Honduras are now banned from investing in, intermediating, or maintaining accounts for entities involved in...
South Carolina, Ohio, Mississippi introduce Blockchain Basics Act to protect ‘crypto’ ownership, mining
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21 February, 2024

South Carolina, Ohio, Mississippi introduce Blockchain Basics Act to protect ‘crypto’ ownership, mining

Proponents say the Act allows Americans to own and self-custody digital assets and engage in mining without fear of anti-crypto...
25% of public firms to increase digital asset investments in 2024, but regulation’s a major challenge: Deloitte
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21 February, 2024

25% of public firms to increase digital asset investments in 2024, but regulation’s a major challenge: Deloitte

A study by accounting firm Deloitte found that an increasingly complex regulatory landscape for digital assets was the most cited...
Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report
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21 February, 2024

Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report

Ethiopian Investment Holdings has signed the deal with Hong Kong’s West Data Group for data mining and AI, but an...
UK’s digital pound faces trust concerns and political opposition
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19 February, 2024

UK’s digital pound faces trust concerns and political opposition

As the U.K. edges closer to a general election, the digital pound is becoming a contentious political issue amid mounting...
South Korea to ban unfit exchanges as it ramps up digital asset scrutiny
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18 February, 2024

South Korea to ban unfit exchanges as it ramps up digital asset scrutiny

A three-year license issued to virtual asset service providers (VASPs) in 2021 expires this year, and they have to renew...
MiCA’s treatment of systemic stablecoins is counterproductive for EU: report
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16 February, 2024

MiCA’s treatment of systemic stablecoins is counterproductive for EU: report

Under MiCA, a stablecoin is regarded as of systemic importance if it has over 10 million holders, has over €5...
Isle of Man weighs tougher digital asset regulations
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15 February, 2024

Isle of Man weighs tougher digital asset regulations

The island is considering including ‘crypto’ under the definition of investment, which would subject virtual asset service providers (VASPs) to...

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