Month: September 2024

The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection. In its annual report, the FCA outlined new marketing rules for crypto assets. The regulator issued 450 consumer alerts against illegal crypto […] Source: https://news.bitcoin.com/uk-regulator-87-of-crypto-firms-fail-to-meet-registration-requirements/

Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected by late 2025. According to officials, demand for the digital ruble is growing, with successful integration anticipated due to ongoing sanctions. […] Source: https://news.bitcoin.com/russia-expands-digital-ruble-pilot-with-new-features-widespread-use-expected-in-2025/

Ripple CEO Brad Garlinghouse discussed Japan’s potential in blockchain technology with Japanese lawmaker Taira Masaaki during XRP Community Day. Garlinghouse praised Japan’s commitment to advancing crypto, highlighting the country’s “clear frameworks and constructive policy” that encourage innovation while ensuring consumer protection. Taira, a Web3 and AI advocate in Japan’s House of Representatives, noted that the […] Source: https://news.bitcoin.com/ripple-ceo-japans-leaders-committed-to-advancing-crypto-and-blockchain-technology/

What happened Recently, an Australian Federal Court issued a judgment in a lawsuit filed by ASIC against Kraken concerning the availability of our Margin Extension product to Australian retail investors.  We adamantly believe that our clients deserve access to innovative crypto products. We supported the Court’s effort to seek clarification around our Margin Extension product, which we believed fully complied…

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The U.S. and Nigeria will host a pan-African Artificial Intelligence (AI) conference in Lagos from September 10-11. The conference will bring together government officials, tech leaders, and civil society to discuss the opportunities and challenges of AI development and use. Participants will work to identify and harmonize tech governance strategies to ensure AI is adopted […] Source: https://news.bitcoin.com/us-nigeria-convene-ai-conference-to-promote-inclusive-tech-adoption/

The Nigerian blockchain payment platform Bitmama has partnered with the decentralized finance platform Mansa to improve cross-border payment accessibility in Africa. This partnership aims to enhance consumer payment capabilities and support trade across borders. Mansa’s liquidity solution has reportedly already helped foster financial inclusion in other regions. Bridging the Funding Gap The Nigerian blockchain payment […] Source: https://news.bitcoin.com/mansa-partners-with-nigerian-blockchain-platform-bitmama-to-boost-cross-border-payments/

Japanese culture captivates millions around the world, but the creators behind its art often remain inaccessible. With 8Ships, Terry Tomonaga is changing that. 8Ships Is Connecting Japan’s Artists, Artisans, and Craftmen to a Global Audience 8Ships’ mission is to connect people all over the world with Japan’s unusually hard-to-reach artists, craftsmen, and artisans. While Japanese […] Source: https://news.bitcoin.com/connecting-japanese-culture-to-a-worldwide-audience/