Cryptocurrency Analysis and News Portal
Sam Altman, Worldcoin founder and OpenAI CEO, discusses the potential and challenges of cryptocurrencies, emphasizing the need for a global currency while addressing concerns about regulation and privacy. The rapid rise of cryptocurrencies has elicited varied responses globally, with governments grappling to understand and regulate this burgeoning market. Sam Altman, Worldcoin
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Japan, which heeded lessons learned from a previous crisis and put consumer protections in place, has incorporated Web3 into its national economic plan. Additionally, in June this year, the Japanese Financial Services Agency (FSA) amended the Payment Services Act (PSA). The agencies wanted to update the country’s regulatory framework for
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Ukraine’s Ministry of Digital Transformation presented its regulatory roadmap for artificial intelligence (AI) on Oct. 7. The roadmap was published on the ministry’s website and states that it aims to help local companies prepare for adopting a law analogous to the European Union’s AI Act. It also seeks to educate citizens
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Taiwan is moving forward with plans to regulate the crypto industry by proposing a draft special law for first reading by the end of November, according to a lawmaker. Yung-Chang Chiang, a member of Taiwan’s parliament, said in an interview with The Block published on October 6 that a dedicated crypto
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“While the existence of a law might be relevant to establish a statutory duty of care, the absence of regulation is not relevant to whether money was, in fact, entrusted to the defendant’s care by his victims,” the DOJ filing said, adding that the existing criminal rulebook is sufficient. “There
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Mário Centeno, the Governor of Banco de Portugal, joins a chorus of regulators, claiming that national efforts to oversee crypto wouldn’t work correctly without a global framework. A section of Mário Centeno's speech. Source: Publicnow.comIn his opening speech at the 2023 Banco de Portugal Financial Stability Conference on Oct. 2, Centeno
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European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market.On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, marking the first time the firm introduce its offerings to qualified U.S. investors.CoinShares’ entrance into
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The World Federation of Exchanges (WFE) sees the potential for crypto-asset trading platforms (CTPs) to play a larger role in the “real” economy and society at large. It had some blunt observations about CTPs and suggestions for regulators in a paper released Sept. 28.“CTPs should welcome a degree of regulation
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The governor of the Central Bank of Brazil, addressing the Finance and Taxation Commission of the country's parliament, said the bank has noted a significant surge in crypto adoption in the country and intends to react by tightening the digital assets regulation. During his speech on Sept. 27, Banco Central do Brasil
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The U.S.-based cryptocurrency exchange also plans to double its headcount in India from 70 to 150 employees. Gemini, a cryptocurrency exchange co-founded by the Winklevoss twins, is planning to expand its presence in India despite the challenging regulatory landscape. In a blog post on Tuesday, Sept. 26, the New York-based crypto exchange
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