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IOSCO Introduces Global Policy Recommendation to Guide Crypto and Digital Assets Industry

Several jurisdictions have made outstanding efforts to release standard crypto regulations to safeguard citizens and their assets. World securities and future market regulator, the International Organization of Securities Commissions (IOSCO) has introduced a global approach to regulating the crypto market and digital assets. According to the statement made to the press,

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Lufthansa, Eurowings, other travel industry players push forward with Web3

After the recent launch of the Camino Network travel-focused blockchain, legacy travel companies are looking toward a Web3 future. Cryptox spoke with executives at Europe-based airlines Lufthansa and Eurowings — two of the first companies to use the Camino Network — to understand how Web3 integrations bring this industry to its next

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‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase

Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the United States Securities and Exchange Commission (SEC).In March, Coinbase received a Wells notice from the SEC, potentially leading to the financial regulator taking enforcement action

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EMCO Network Unleashes Blockchain’s Potential for Precious Metal Industry and Financial Inclusion – Press release Bitcoin News

press release PRESS RELEASE. EMCO Network, a pioneering Defi project, is set to revolutionize the digital and financial landscapes by leveraging its unique blend of real-world experience in precious metals and artificial intelligence sectors. Addressing the challenges faced by users from low socio-economic backgrounds, EMCO Network aims to provide a novel

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Crypto Industry Asks UK Gov to Think Globally as a Consultation on Proposed Rules Closes

When constructing a market abuse regime, the U.K. needs to ensure what it sets out is compatible with other jurisdictions that host global crypto companies and can work with standard-setters like the International Organization of Securities Commissions, Group of Seven (G7) and Group of 20 (G20), said Nick Taylor, head

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Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban – Africa Bitcoin News

The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations with 56 institutions and personalities. Lucky Uwakwe, the founder of the technology service

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New White House standards strategy could have implications for crypto industry KYC

The administration of United States President Joe Biden released a national standards strategy for critical and emerging technologies on May 4. The strategy stated that the U.S. would prioritize standards development in eight areas. Among the prioritized areas are “digital identity infrastructure and distributed ledger technologies, which increasingly affect a

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How does quantum computing impact the finance industry?

The finance industry is optimistic about quantum computing. Tasks such as portfolio optimization, risk management and asset pricing have a great chance to be beneficiaries. Grover’s and Shor’s algorithms can be applied to portfolio optimization. Portfolio optimization involves finding the optimal combination of investments to maximize returns while minimizing

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