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WEF publishes crypto asset regulation recommendations for government, industry

The World Economic Forum has released a white paper on crypto asset regulation, assisted by its Digital Currency Governance Consortium. The need for regulation is urgent and cooperation is key, the paper found.Global coordination is necessary for crypto asset regulation to prevent ambiguity, regulatory arbitration and inconsistent enforcement, the paper

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Europe Startup Ecosystem Growing amid Broader Industry Strain

The tech startup sector has recently faced challenges due to rising interest rates, which have put pressure on valuations, especially for late-stage companies. Europe’s startup ecosystem has matured significantly, and despite challenges faced by the tech industry, the region is witnessing a rise in startup mafias. According to new reports from the

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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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UK Treasury Committee’s Bid to Regulate Crypto as Gambling Invites Industry Backlash

“This latest Treasury Select Committee report goes against the grain,” Mark Foster, the Crypto Council for Innovation’s European Union (EU) policy lead, told CryptoX. “It misunderstands and misrepresents digital assets. There are practical use cases around remittances, payments and pathways for greater financial inclusion.” Source

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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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