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Hong Kong and the United Arab Emirates' (UAE) central banks are looking to collaborate on cryptocurrency regulations and financial technology development.On May 30, the Hong Kong Monetary Authority (HKMA) said it met with its counterparts at the Central Bank of the United Arab Emirates (CBUAE) with the two agreeing to
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Cryptocurrency exchange Bybit has announced it will be pausing its products and services to residents and nationals of Canada following certain developments in the regulatory space.In a May 30 blog post, Bybit said it will not accept account opening applications from Canadians starting on May 31. Current users of the
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Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country. Source
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Laos has set up a committee to oversee legal compliance and draft appropriate legislation to prepare for the digital economy. A conference organized by the Laotian government on May 26, 2023, brought together national blockchain and Web3 experts. The meeting’s goal was to discuss the implementation of blockchain 4.0 in
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Beijing, the capital city of China, has reportedly unveiled a white paper with the objective of fostering innovation and advancing the web3 industry.The Zhongguancun Forum witnessed the release of the "Web3 Innovation and Development White Paper (2023)" by the Beijing Municipal Science & Technology Commission, also known as the Administrative
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On May 24, the Chinese city of Zhengzhou announced a series of policy proposals to support metaverse companies operating in the region. As part of the initiatives, the municipal government will establish a dedicated fund worth 10 billion yuan ($1.42 billion) to foster growth and development in the industry.Per the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Nanjing City in China has introduced the China Blockchain Technology and Application Innovation Platform with the aim of establishing the China metaverse technology and application innovation platform. The foundation for metaverse research and development Led by Nanjing University
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Sort allows developers to incorporate smart contracts into apps Source
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MIAMI BEACH, Florida – Bitcoin mining behemoth Marathon Digital Holdings (MARA) says it will match up to $500,000 in donations to non-profit Bitcoin research and development firm Brink, on a two-for-one basis during the Bitcoin 2023 conference in Miami Beach, Florida, and subsequently match additional donations on a one-for-one basis
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