Virginia Senate Committee Proposes Funds for Crypto and AI Commissions

by Александр Пирогов | Feb 21, 2024 | Blog News

A Virginia senate committee has put forth a proposal allocating an annual combined fund of £39,240 for two newly established commissions focusing on artificial intelligence (AI) and cryptocurrency. The Subcommittee on General Government of the Senate Finance and...

Japan’s FSA Clarifies Stance on P2P Crypto Transactions

by Александр Пирогов | Feb 21, 2024 | Blog News

Japan’s Financial Services Agency (FSA), the country’s primary financial regulator, has provided clarification on peer-to-peer (P2P) crypto transactions following recent recommendations to local banks. In a letter dated Feb. 14, the FSA urged banks to...

U.S. Authorities Urge Federal Judge to Accept Plea Deal with Binance

by Александр Пирогов | Feb 21, 2024 | Blog News

U.S. prosecutors have urged a federal judge to approve a plea deal with cryptocurrency exchange Binance Holdings, asserting that the proposed penalties align with the severity of Binance’s deliberate violations of U.S. laws. The charges against Binance primarily...

Turkey Completes Phase 1 of Digital Turkish Lira

by Александр Пирогов | Feb 21, 2024 | Blog News

The Central Bank of the Republic of Türkiye (CBRT) has successfully completed phase 1 of its digital Turkish lira (CBDC) and is now gearing up for more widespread pilot tests in advanced phases. Phase 1 involved preliminary tests of strategic technologies and pilot...

Forbes Ventures into The Sandbox Metaverse

by Александр Пирогов | Feb 20, 2024 | Blog News

Forbes recently announced its entry into The Sandbox metaverse, marking a significant move for the media giant into Web3 and digital real estate. By acquiring virtual land in The Sandbox, Forbes aims to establish a permanent presence within this expansive online...

UK Pushes for Crypto Staking and Stablecoin Regulations

by Александр Пирогов | Feb 20, 2024 | Blog News

Recent reports indicate that UK lawmakers are accelerating efforts to introduce new regulations for crypto staking services and stablecoins ahead of the next general elections. Economic Secretary to the Treasury Bim Afolami emphasized the government’s commitment to...