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News

Hong Kong’s digital banks urged to improve services for Web3 firms
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15 August, 2024

Hong Kong’s digital banks urged to improve services for Web3 firms

Hong Kong Legislative Council member Johnny Ng Kit-Chong noted that streamlining banking services in Hong Kong will attract global Web3...
47 VASPs have applied for licensing in Turkey: Capital Markets Board
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14 August, 2024

47 VASPs have applied for licensing in Turkey: Capital Markets Board

Under the country’s capital markets law, which took effect a month ago, 47 virtual asset service providers are currently awaiting...
BTC block reward miners drowning in red ink as chasing the green gets harder
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14 August, 2024

BTC block reward miners drowning in red ink as chasing the green gets harder

The economic outlook for block reward mining in the U.S. is getting grimmer each day, with numerous miners registering plummeting...
Thailand SEC launches digital asset regulatory sandbox
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14 August, 2024

Thailand SEC launches digital asset regulatory sandbox

The new sandbox in the country will cover dealers, exchanges, brokers, advisors, fund managers and wallet providers, who must first...
India should target $500B in electronics manufacturing, create 6M jobs by 2030: NITI Aayog
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14 August, 2024

India should target $500B in electronics manufacturing, create 6M jobs by 2030: NITI Aayog

The $500 billion target comprises $350 billion from finished goods manufacturing and $150 billion from components manufacturing, NITI Aayog said.
IRS updated digital asset tax form ditches wallet address, transaction ID requirements
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14 August, 2024

IRS updated digital asset tax form ditches wallet address, transaction ID requirements

Apart from dropping the submission of wallet addresses and transaction IDs, the IRS will no longer require investment time transactions...
Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins
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14 August, 2024

Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins

At the third Foresight Conference, David Chiu, a Hong Kong Special Administrative Region legislative council member, said they must soon...
A reality check on AI: Notes from a Rappler Talk
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14 August, 2024

A reality check on AI: Notes from a Rappler Talk

Rappler's recent "AI in Motion" discussions underscore the dual nature of AI as both a powerful tool for progress and...
Reserve Bank of India plans ‘public repository’ to curb unauthorized digital lending apps
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13 August, 2024

Reserve Bank of India plans ‘public repository’ to curb unauthorized digital lending apps

The RBI plans to create a public repository of digital lending applications deployed by banks and financial institutions, which are...
Still betting against the dollar?
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13 August, 2024

Still betting against the dollar?

Bitcoin is seen as an alternative currency with the dollar's devaluation, but its value proposition remains speculative, with no proof...
Tether sued for $3.5 billion for liquidating Celsius loan collateral
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13 August, 2024

Tether sued for $3.5 billion for liquidating Celsius loan collateral

The lawsuit seeks to reclaim BTC tokens that Celsius sent to Tether as collateral for loans of the USDT, which...
Veridat’s Robert Huber discusses utilizing blockchain for data integrity
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13 August, 2024

Veridat’s Robert Huber discusses utilizing blockchain for data integrity

Robert Huber joined CoinGeek Backstage to discuss why blockchain is the ultimate solution for data authenticity and how Veridat verifies...