Singapore placed second in CoinDesk's assessment of Crypto Hubs. The city state earned billions of dollars through initial public offerings (IPOs), survived the demise of domestic darlings Terraform Labs and Three Arrows Capital, and is currently looking for the ideal regulatory balance to promote c

Anatoly Aksakov, the chairman of the Financial Markets Committee of the State Duma, has provided an update on the legalization and regulation of cryptocurrencies in Russia. He emphasized that the government intends to exercise "serious" control over cryptocurrencies once they are legalized. Aksakov

Collaborative Crypto Pilot Project Unites Japanese and Singaporean Regulatory AuthoritiesThe Financial Services Authority (FSA) of Japan has partnered with the Monetary Authority of Singapore (MAS) to regulate and conduct pilot tests on cryptocurrency projects. The collaboration is part of Singapore

Remember the AI project called HarvestKeeper that conned users out of $1 million? Over the next several years, such AI-based frauds are likely to increase dramatically.Source: www.businessinsider.comThe majority of the discussion around combining AI and the cryptocurrency sector has been on how AI m

According to a report released on June 26 by CoinShares, there has been a significant increase in activity related to exchange-traded funds (ETFs), resulting in the largest weekly inflow for digital asset investment products since July 2022. This surge in investment can be attributed to recent annou

Swiss National Bank Unveils Pilot Program for Wholesale CBDC with Tangible CurrencyThe Swiss National Bank (SNB) is set to initiate a pilot project for a wholesale central bank digital currency (wCBDC), as announced by SNB chair Thomas Jordan. The project is expected to commence in the near future,

1. Market TrendBetween June 21 and June 25, the BTC price fluctuated between $27001.73 and $31431.94, with a volatility of 16.4%. Based on the 1-hour candle chart, BTC entered a bullish trend starting from the early morning of June 21, consistently surpassing key levels and eventually surpassing $30

The Australian government has introduced a draft bill that poses a significant threat to tech and social media giants by imposing hefty fines if they fail to remove misinformation from their platforms. Under the proposed legislation, the Australian Communications and Media Authority (ACMA), the coun

Fed Governor Michelle Bowman says that banks adjusting to rising interest rates may suffer significantly as a result of the lack of clarity surrounding digital assets.Source: www.weforum.orgThe lack of a defined regulatory framework for emerging technologies in the US has been questioned by Michelle

Blockchain Aus CEO Criticizes 'Regulation by Enforcement,' Urges Caution in Following US ApproachBlockchain Australia's CEO, Simon Callaghan, expresses his desire for the Australian government to draw inspiration for crypto regulation from the United Kingdom, Hong Kong, and Singapore rather than the