TOKEN2049, Asia’s premier Web3 and crypto conference, is set to welcome a full house of tech pioneers, investors, policymakers, and industry shakers from across the globe at the iconic Marina Bay Sands from 13-14 September 2023. With over 10,000 attendees, 300+ exhibitors and 400+ side events, it is the industry’s biggest international gathering of the […]
Binance, the leading global cryptocurrency exchange, has launched a humanitarian initiative in response to the devastating earthquake that has struck Morocco. Binance Charity will donate $3 million in BNB (Binance Coin) to Moroccan users who had verified POAs before September 9, 2023. Additionally, Binance will give $25 in BNB to POA verification users between September […]
PayPal, the Silicon Valley payments giant, has launched a new service that allows users to convert their crypto assets to US Dollars. This comes after the company launched its on-ramp service that allowed customers to buy crypto. The off-ramp service is available to wallets, dApps and NFT marketplaces, and it’s also live on MetaMask.The company […]
Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), is determined to have the agency regulate crypto assets. He will reiterate this view to lawmakers on September 12th. Gensler believes that most crypto tokens meet the Howey Test, which determines whether or not an asset or transaction can be deemed a […]
G20 countries, consisting of the world’s twenty-biggest economies, have unveiled plans for the swift implementation of a global framework for crypto assets. This initiative, known as the Crypto-Asset Reporting Framework (CARF), is poised to revolutionize how information about crypto transactions is exchanged among nations. During a two-day summit in New Delhi, G20 leaders unanimously called […]
India is working on a crypto regulatory framework based on the joint recommendations of the International Monetary Fund (IMF) and the Financial Stability Board (FSB) that could result in legal legislation in the next 5-6 months. The framework is a five-point approach that focuses on setting up advanced Know Your Customer (KYC) for crypto companies, […]
France has taken a step towards licensing financial influencers by introducing a non-obligatory Responsible Influence Certificate. The certificate, which has been in existence since 2021, requires influencers to pass a 25-question multiple-choice test with a minimum of 75% correct answers. The course covers a range of investment products, including equities, bonds, ETFs, funds, derivatives, wine, […]
The leaders of the G20, the world’s 20 biggest economies, are pushing for a speedy implementation of a cross-border framework for crypto assets. The framework, known as the Crypto-Asset Reporting Framework (CARF), is set to facilitate information exchange between countries beginning in 2027. The CARF was first introduced in October 2022 by the Organization for […]
Bitget, a top crypto derivatives and copy trading platform, has released its latest monthly Proof of Reserves (PoR) report, showing a total reserve ratio of 208%. This report is part of Bitget’s commitment to comprehensive transparency and to ensure that user funds are fully backed 1:1 and available on demand.Gracy Chen, Managing Director at Bitget, […]
Tom Emmer, the Majority Whip of the U.S. House of Representatives, has introduced an amendment that has drawn attention to the Securities Exchange Commission’s (SEC) actions in the cryptocurrency industry. In his statement, Emmer criticizes Gary Gensler, alleging that the SEC chair has overstepped his authority and is negatively affecting the American people. He urges […]
