Cryptocurrency Analysis and News Portal
The Information Commissioner’s Office (ICO) has issued a reprimand to NHS Fife, after an unauthorised person was able to enter a ward and access the personal information of 14 patients. In February 2023, an unauthorised person gained access to
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The year 2022 saw a historic breakdown of trust in exchanges and other crypto service providers. The collapses of Sam “SBF” Bankman-Fried’s FTX and Alex Mashinsky’s Celsius are still fresh in the community’s memory, with SBF’s criminal trial only recently concluding. These cases serve as a painful reminder that fraud and
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IOSCO, the global standards setter for securities markets regulation, began consulting on rules for the crypto sector in May covering issues such as market abuse, conflict of interest, client asset protection, disclosures and risks associated with crypto. Source
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United States President Joe Biden issued an executive order on Oct. 30 establishing new standards for artificial intelligence (AI) safety and security. Biden’s order stated it is building off previous actions taken, including AI safety commitments from 15 leading companies in the industry. The new standards have six primary points, along
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Approximately 50% of crypto users are investing in digital assets to improve their everyday living standards.According to a new survey by crypto exchange Bitget published on October 5, 46%, 44%, and 41% of respondents in South Korea, Canada, and Turkey said improving their living standards is their greatest financial goal
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Beijing is seeking a way to put regulatory burden on the yet-to-be-developed next internet iteration. China is set to form a working group to develop standards for the metaverse as the country sees a big future for the technology. According to a report by Reuters, China’s Ministry of Industry and Information Technology
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The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Assets (MiCA) mandates on July 12. It was the first of three consultative packages the agency expects to publish and concerns technical specifications for crypto asset service providers (CASPs).Entities that are already
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In advance of required regulations that are expected in a year, the banking watchdog for the European Union asked stablecoin issuers to voluntarily follow certain "guiding principles" on risk management and consumer protection.The European Banking Authority (EBA) released its first set of measures on Wednesday, July 12, for public comment
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For a new virtual worlds partnership to be set up the commission’s science funding program, Horizon Europe, “you could think of an amount in the order of 200 million euros that will be available,” as well as potential investment via EU regional funds, said a commission official, speaking under condition
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Financial Action Task Force (FATF) has issued a renewed call urging countries to adopt and implement the “Travel Rule” as a vital measure to combat money laundering and terrorism financing facilitated through cryptocurrencies. On June
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