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US Senate introduces bill seeking to regulate DeFi like traditional banks
The bill aims at ensuring DeFi protocol operating in the US imposes strict controls on their users. The controls proposed in the bill resemble those that apply to traditional banks. The bill also places identity verification requirements on crypto kiosks. дальше »
2023-7-19 18:31 | |
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Ethereum: New developments and market volatility call for...
Ethereum developers proposed increasing the validator set to reduce the churn limit. The number of validators on Ethereum continued to rise. Over the past quarter, Ethereum [ETH] experiencThe post Ethereum: New developments and market volatility call for... appeared first on AMBCrypto. дальше »
2023-7-19 23:30 | |
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Celsius to spend $25 million from GK8 sale on legal expenses
Celsius acquired GK8 for $115 million in 2021 but was forced to sell it as part of its restructuring process. The shareholders have proposed allocating $24 million from the sale proceeds for leThe post Celsius to spend $25 million from GK8 sale on legal expenses appeared first on AMBCrypto. дальше »
2023-7-18 18:00 | |
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UK think tank argues AI leadership hinges on effective regulation in new report
The UK government aims to establish the country as a global leader in artificial intelligence, but experts argue effective regulation is essential for realizing this vision. A recent report from the Ada Lovelace Institute provides an in-depth analysis of the strengths and weaknesses of the UK’s proposed AI governance model. дальше »
2023-7-18 17:53 | |
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UK Regulatory Authority Declares Crypto Memes as Financial Advertisements
Proposed Regulations by UK Watchdog: Crypto Memes Could Lead to Criminal Charges and Disclaimers for Firms and Influencers The Financial Conduct Authority (FCA) in the United Kingdom has put forth a proposal that could potentially result in imprisonment for up to two years for individuals found in violation of financial promotion rules concerning crypto memes. дальше »
2023-7-19 14:11 | |
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Celo Proposes Migration From Layer 1 to Ethereum Layer 2 Protocol
Celo, a Layer 1 blockchain, has proposed a transition to become a Layer 2 protocol on Ethereum to improve security, real-world use-cases, and developer experience. Some community members criticized the sudden decision. дальше »
2023-7-18 18:45 | |
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Polygon Releases POL White Paper to Scale Across Multiple Chains
Polygon has proposed an upgrade from its MATIC token to POL, allowing it to be used across multiple chains. The proposal has faced criticism, particularly over its $5 price target. The post Polygon Releases POL White Paper to Scale Across Multiple Chains appeared first on BeInCrypto. дальше »
2023-7-13 20:15 | |
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Ethereum Developers Reveal New Proposal to Prevent Hacks
Connext founder Arjun Bhuptani has proposed an Ethereum Improvement Proposal (EIP) to limit losses during cross-chain bridge hacks by shifting token ownership from bridges to issuers. The post Ethereum Developers Reveal New Proposal to Prevent Hacks appeared first on BeInCrypto. дальше »
2023-7-13 14:30 | |
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EU’s Financial Watchdog Publishes Proactive Stablecoin Standards
Staying one step ahead of regulatory mandates, the European Banking Authority (EBA), the financial regulator of the European Union, has requested that stablecoin issuers adopt proposed guiding principles concerning risk... дальше »
2023-7-12 16:39 | |
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Senators Lummis and Gillibrand set to present crypto bill in Congress, again
Senators Cynthia Lummis and Kirsten Gillibrand are reviving their proposed Responsible Financial Innovation Act to address ongoing discussions on cryptocurrency regulations. After much anticipation, Sens. дальше »
2023-7-7 20:40 | |
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Will artificial intelligence choose Bitcoin as its currency? Arthur Hayes thinks so
Arthur Hayes, co-founder and former CEO of BitMEX, has proposed that Bitcoin could become the preferred currency for the rapidly advancing domain of artificial intelligence. In a recent blog post titled “Massa,” Hayes discussed a future where AI and robotics would eliminate the less desirable tasks in human work, allowing more people to focus on […] The post Will artificial intelligence choose Bitcoin as its currency? Arthur Hayes thinks so appeared first on CryptoSlate. дальше »
2023-7-7 11:27 | |
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Israeli crypto bill aims to clarify regulations and attract foreign investors with new tax incentives
On July 5, the Israeli Knesset approved the preliminary reading of bill that aims to introduce various tax benefits related to digital currencies in an effort to attract foreign investment. The proposed legislation also seeks to provide regulatory clarity for the crypto industry. дальше »
2023-7-7 21:57 | |
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Will DCG and Barry Silbert Respond to Winklevoss Offer?
Gemini co-founder Cameron Winklevoss has given business partner Barry Silbert until 4p.m. ET today to respond to a proposed agreement for Earn customers. The post Will DCG and Barry Silbert Respond to Winklevoss Offer? appeared first on BeInCrypto. дальше »
2023-7-6 14:08 | |
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Ethereum plans to thwart DeFi hacks with this proposal, here's how
A section of the Ethereum community proposed the ERC-7265 standard to reduce DeFi exposure to exploits. The approach has raised concerns about certain issues that DeFi is against. As the leaThe post Ethereum plans to thwart DeFi hacks with this proposal, here's how appeared first on AMBCrypto. дальше »
2023-7-6 22:30 | |
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Hong Kong Scholars Propose HKD Stablecoin Backed by Government Reserves
In a bid to assert dominance in the blockchain sector and drive the development of a digital Hong Kong dollar, a group of scholars led by Cai Wensheng, Vice President of the Hong Kong University of Science and Technology, has proposed the creation of an HKD stablecoin. дальше »
2023-7-6 21:00 | |
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Will ERC 6551 transform Ethereum metaverses with NFT-owned wallets?
The proposed ERC 6551 token standard for NFTs is generating interest among crypto enthusiasts, as it would enable digital assets to own other tokens, a development that could significantly transform the NFT and metaverse landscape. дальше »
2023-7-5 13:07 | |
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Bitcoin Ordinals: This New BRC Standard Could Reduce Inscription Fees By 90%
Luminex, a Bitcoin Ordinals launchpad, has proposed a new standard called BRC-69, which will allegedly optimize the costs of inscribing on this network. This proposal comes barely a month after Bitcoin Ordinals’ developers introduced recursive inscriptions to address the block size limit of 4 MB. дальше »
2023-7-5 05:00 | |
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Policy proposal for Hong Kong government-issued stablecoin emerges
A policy paper has recently proposed the creation of a government-backed stablecoin, the HKDG, in Hong Kong to potentially compete with well-established digital counterparts, such as USDT and USDC. дальше »
2023-7-5 19:05 | |
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Gemini gives DCG a $1.46b debt repayment ultimatum
Gemini co-founder Cameron Winklevoss has proposed a final offer, mandating Digital Currency Group’s (DCG) Barry Silbert and his embattled company to start reimbursing Gemini Earn creditors by July 21 or face a lawsuit. There appears to be a glimmer of… дальше »
2023-7-4 16:15 | |
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Elon Musk Ignites DOGE Army After Saying He May Fight Zuckerberg In Colosseum
Elon Musk, the CEO of Tesla, recently shared a tweet hinting that the proposed ‘cage fight’ between him and Mark Zuckerberg, the CEO of Meta, might actually happen. Elon Musk vs. Mark Zuckerberg: Training Sessions And Venue Considerations The series of events began over a week ago when Elon Musk took to Twitter, stating his […] дальше »
2023-6-30 20:00 | |
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Trezor study shows nearly 75% of participants have concerns over digital pound
In a recent survey conducted by Trezor, nearly 75% of respondents expressed concerns over the potential control the U. K. government could have over access to funds via its proposed Central Bank Digital Currency (CBDC). дальше »
2023-6-30 18:45 | |
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Singapore Financial Regulator Releases Whitepaper On Design Considerations for Digital Money
The Monetary Authority of Singapore (MAS) has proposed a common protocol for the use of digital money, such as central bank digital currencies (CBDCs), tokenized bank deposits, and stablecoins on a distributed ledger. дальше »
2023-6-30 16:14 | |
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Tax experts challenge HMRC’s proposed tax framework as ‘Not fit for purpose’
Accounting service leaders in the UK have disputed HMRC’s proposed taxation framework for decentralized finance (DeFi) transactions, labeling it as “not fit for purpose.” In a letter sent to HMRC, the UK’s tax authority, written by experts, including tax calculation software provider Recap and chartered accountants, Wright Vigar highlights the need for a more nuanced […] The post Tax experts challenge HMRC’s proposed tax framework as ‘Not fit for purpose’ appeared first on CryptoSlate. дальше »
2023-6-30 13:47 | |
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EU finalizes controversial smart contract kill switch rules under Data Act
The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14.
дальше »2023-6-28 13:53 | |
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Singapore’s Central Bank Pushes for Interoperable Tokenized Assets
The Monetary Authority of Singapore (MAS) has proposed an initiative to create an open and interoperable framework for tokenized digital assets in collaboration with the Bank for International Settlements (BIS),... дальше »
2023-6-26 16:43 | |
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Clash of Titans: Analyzing the Outcome of Mark Zuckerberg’s Jiu-Jitsu Skills Against Elon Musk’s Unorthodox Street-Fighting Technique
“Battle of the Tech Titans: Betting Odds Favor Mark Zuckerberg’s Jiu-Jitsu Skills in Cage Match Against Elon Musk’s Street-Fighting ‘Walrus’ Move” In a highly anticipated clash, Mark Zuckerberg, the CEO of Meta, and Elon Musk, the CEO of Tesla and owner of Twitter, have sparked excitement among bettors with their proposed cage match. дальше »
2023-6-23 12:30 | |
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Valkyrie Investments throws its hat in the ring for a spot Bitcoin ETF, joining BlackRock, Invesco, WisdomTree, and Bitwise
Valkyrie Investments has filed for a spot Bitcoin ETF with the U. S. Securities and Exchange Commission (SEC), according to a June 21 filing. That filing describes the proposed investment as an exchange-traded fund (ETF) that allows investors to purchase shares of a trust containing Bitcoin. дальше »
2023-6-22 23:37 | |
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Singapore takes the lead in establishing norms for ‘designated’ digital currency
Singapore's central bank, the Monetary Authority of Singapore, has unveiled a proposed common protocol aimed at establishing clear conditions for the utilization of digital currencies. дальше »
2023-6-22 22:58 | |
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Polygon Labs Unveils Major Upgrade To Sidechain With ‘zkEVM Validium’ Layer 2
Polygon Labs, the engineering team behind the popular Polygon PoS (Proof of Stake) chain, has proposed a major upgrade to the network. The upgrade would introduce a “first-of-its-kind” decentralized L2 (Layer 2) secured by zero-knowledge (ZK) proofs, making the Polygon ecosystem more secure, performant, and a core part of the upcoming Polygon 2. дальше »
2023-6-21 03:30 | |
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WisdomTree submits new filing for spot Bitcoin ETF
WisdomTree has submitted a filing through which it intends to gain approval from the U.S. Securities and Exchange Commission for a spot Bitcoin exchange-traded fund (ETF). WisdomTree describes its proposed investment vehicle, named WisdomTree Bitcoin Trust, as an ETF that would be listed on the Cboe BZX exchange under the ticker label BTCW, according to […] The post WisdomTree submits new filing for spot Bitcoin ETF appeared first on CryptoSlate. дальше »
2023-6-21 02:33 | |
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UK Upper Parliament Approves New Crypto Regulation Bill
The upper house of the UK Parliament recently approved a bill establishing the first comprehensive crypto-asset regulation in the country. The bill, which was first introduced last year, proposed the regulation of cryptocurrencies and amendments to the UK Banking Act 2009 which outlines the authority of the central bank to oversee payment networks. The UK’s […] дальше »
2023-6-20 18:00 | |
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The IMF’s Role In Shaping The Future Of Cryptocurrencies: A Global Infrastructure For CBDCs
The concept of a global infrastructure for digital currencies, as proposed by the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, could have significant implications for the adoption of cryptocurrencies. дальше »
2023-6-20 10:50 | |
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Ethereum Eyes Dramatic Shift: Proposes Validator Limit Increase From 32 To 2048 ETH
Ethereum, the second-largest blockchain by market capitalization, could be on the cusp of a significant operational shift. In the latest Ethereum core developer consensus meeting, a key agenda item under discussion was a proposed increase in the maximum validator limit. дальше »
2023-6-20 02:00 | |
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