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Mi Primer Bitcoin has a goal of reaching more than 300,000 Salvadorans with its education program this year and to give out at least 7,700 presentational diplomas. El Salvador’s Ministry of Education has partnered with the nonprofit, nongovernmental organization (NGO) Mi Primer Bitcoin (MPB which translates to “My First Bitcoin”) to
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A bill to create a regulatory framework for digital assets has been introduced by Republican members of the Agriculture and Financial Services Committees of the United States House, the result of several months of joint effort by the two committees.The 212-page bill — called the Financial Innovation and Technology
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“Today's introduction of the Financial Innovation and Technology for the 21st Century Act marks a significant milestone in the House Committees on Agriculture and Financial Services efforts to establish a much-needed regulatory framework that protects consumers and investors and fosters American leadership in the digital asset space,” said Chairman of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The UK’s Financial Conduct Authority (FCA) will introduce a Digital Sandbox to support technology firms during their early product development stages. The initiative will be permanently available from August 1 and will support emerging technologies such
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As of July 15, new customers will be required to complete identification checks to use KuCoin's services. Source
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Major cryptocurrency exchange KuCoin is working to strengthen its Know Your Customer (KYC) system by introducing new mandatory identity checks.On June 28, KuCoin officially announced the upcoming KYC system upgrade in a move to increase compliance with global Anti-Money Laundering regulations.The KYC authentication upgrade introduces mandatory KYC checks for all
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On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature, users can view, rank and transfer BRC-20 tokens and nonfungible tokens (NFTs). Developers also stated BRC-20 in-wallet swaps are coming “in [the] future." Last month, cryptocurrency exchange OKX also announced support
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Osmosis, a DeFi hub for the Cosmos ecosystem, is set to introduce OSMO 2.0, an upgrade to its tokenomics model, according to an announcement from the project. The Osmosis DEX had a trading volume exceeding $22 billion
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Despite regulatory hurdles from the SEC, Binance is forging ahead with a new initiative—a digital metaverse tied to The Weeknd’s “After Hours Til Dawn” tour. Binance, currently facing legal action from the SEC, has announced plans to
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Members of the United States House of Representatives are pushing for ways to remove Securities and Exchange Commission (SEC) Chair Gary Gensler from his position, but the legality may be more complicated than a single piece of legislation.On June 12, Ohio Rep. Warren Davidson introduced the SEC Stabilization Act with
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