The latest proposal by the SEC of Thailand follows a series of regulatory changes targeting the digital asset market in the country. Source: https://cointelegraph.com/public/index.php/news/thai-sec-wants-to-lift-restrictions-on-initial-coin-offerings
Month: March 2023
Kraken remains committed to Canada
We are pleased to announce that Kraken has filed a pre-registration undertaking (PRU) with the Ontario Securities Commission. This PRU is a step on the road to becoming registered as a Restricted Dealer across Canada and demonstrates our commitment to following the Canadian Securities Administrators’ recently enhanced investor protection guidance for crypto exchanges. Given the additional work required to obtain…
Cointelegraph Markets Pro’s 390% gain dwarves Bitcoin’s 33% rise
In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto trading platform displayed how its members could have captured a cumulative 390% gain by following seven trades based on four different advanced data indicators. The report depicts trading alerts generated between March 11 – 18, 2023. The potential gains available to Cointelegraph Markets Pro subscribers significantly outperform a simple buy-and-hold…
Hong Kong turns to Japan for advice after ‘mind-boggling’ Web3 influx
In light of Hong Kong’s commitment to developing cryptocurrency infrastructure, fintech official King Leung has visited Japan to talk with policymakers and regulators in Tokyo to better understand the idea around Web3 digital assets. In an interview with Cointelegraph reporter Jesse Coghlan, King said that understanding the rationale behind Japan designing those regulations was something worth taking the trip for.…
Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition – Bitcoin News
Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before he is extradited from the Balkan nation, its justice minister indicated. Alleged South Korean Crypto Fraudster Do Kwon Stays…
Bitcoin spikes above $29K as ‘fakeout’ fuels BTC price strength doubts
BTC price action snatches at $30,000, but Bitcoin market participants dismiss it as a “deviation” at range highs. Source: https://cointelegraph.com/public/index.php/news/bitcoin-spikes-above-29k-as-fakeout-fuels-btc-price-strength-doubts
AI makes the Metaverse safer and more inclusive: Sandbox co-founder
Artificial intelligence (AI) is the new buzzword in the emerging tech scene after the release of OpenAI’s chatbot ChatGPT-4. However, opinions on this groundbreaking technology are mixed, with some claiming it is something to be feared. Speaking to Cointelegraph reporter Jesse Coghlan at the WOW Summit Hong Kong 2023, Sebastien Borget, co-Founder & COO of The Sandbox and president of the Blockchain…
Citi Says Mass Adoption of Crypto Will Be Driven by CBDCs, Tokenization
Citi says the industry is finally “approaching an inflection point” and that blockchain technology will soon see “billions of users and trillions of dollars in value.” In its latest report “Money, Tokens, and Games: Blockchain’s Next Billion Users and Trillions in Value,” Citi analysts suggest that the next influx of crypto adoption will be powered primarily by the rise of…
Indonesian government looks to NFTs to preserve cultural heritage
One of the primary benefits of blockchain technology is the ability to record and capture information in a permanent, tamper-proof record. Once data is on a blockchain network, it cannot be altered, making it an ideal solution for record-keeping. Tokenized assets, such as nonfungible tokens (NFTs), can also be placed on a blockchain. This can verify ownership while demonstrating that…
ZKP could help resolve blockchain tensions with GDPR
Europe commissioned a new law called GDPR in 2018. It gives EU citizens control over who collects their personal data and how it’s handled. The pop-ups on websites seeking permission to gather and access your data result from the compliance need the act has imposed. Companies globally (if interacting with EU citizens) are subject to GDPR rules with onerous fines…