Inaugural Southeast Asia Blockchain Convention (SEABC) Concludes Successfully

by Александр Пирогов | Mar 14, 2024 | Blog News

The Southeast Asia Blockchain Convention (SEABC) recently wrapped up its inaugural event on March 10, 2024, in Ho Chi Minh City, Vietnam. This convention, the first of its kind in the Southeast Asia region, drew over 5,000 attendees, including investors, enthusiasts,...

Netherlands Fines Crypto.com $3 Million for Operating Without Registration

by Александр Пирогов | Mar 14, 2024 | Blog News

The Netherlands’ central bank, De Nederlandsche Bank (DNB), has levied a hefty $3 million fine against Crypto.com for operating without registration for over two years. Crypto.com, also known as Foris DAX MT, provided crypto services from May 2020 to November 2022...

NYSE Advances Proposal for 7RCC’s Eco Bitcoin ETF

by Александр Пирогов | Mar 14, 2024 | Blog News

The New York Stock Exchange (NYSE) has taken a big step towards introducing an eco-friendly Bitcoin investment fund in the United States. They’ve submitted an important application to the Securities and Exchange Commission (SEC) that allows for listing and...

Google’s Election-Related Query Restrictions: A Move to Mitigate Misinformation

by Александр Пирогов | Mar 13, 2024 | Blog News

Google has announced measures to restrict election-related queries on its Gemini chatbot, initially implemented in the U.S. and India ahead of their respective polls. This decision reflects Google’s commitment to avoiding potential missteps in deploying AI...

EU Set to Pass Comprehensive AI Legislation: Balancing Innovation and Regulation

by Александр Пирогов | Mar 13, 2024 | Blog News

The European Union (EU) is poised to enact the most comprehensive legislation on Artificial Intelligence (AI) to date, with the AI Act aimed at harmonizing innovation and protecting fundamental human rights. This landmark legislation, scheduled for approval today,...

South Korea to Launch Virtual Asset Tax System: Curbing Cryptocurrency Tax Evasion

by Александр Пирогов | Mar 13, 2024 | Blog News

The National Tax Service of South Korea is gearing up to introduce a virtual asset tax system to effectively monitor cryptocurrency transactions and prevent tax evasion. With the assistance of consulting firm GTIC, the agency aims to develop a platform capable of...