Anticipation for Key Changes in India’s Crypto Sector Ahead of Union Budget 2024

by Александр Пирогов | Jan 30, 2024 | Blog News

As India awaits its Union Budget for 2024, the cryptocurrency industry is anticipating key changes that could impact the sector’s growth. Nischal Shetty, co-founder of crypto exchange WazirX, highlighted the need for adjustments in taxation rules, particularly...

Google Updates Advertising Policies to Allow Bitcoin ETF Ads

by Александр Пирогов | Jan 30, 2024 | Blog News

Google has revised its advertising policies to allow cryptocurrency trust products, including newly launched Bitcoin exchange-traded funds (ETFs), to appear as ads on Google search results. This move comes in response to the recent approval of spot Bitcoin ETFs by the...

Japan Advances Toward CBDC Launch, Laying Legislative Groundwork

by Александр Пирогов | Jan 30, 2024 | Blog News

Japan is progressing toward the launch of its central bank digital currency (CBDC), the digital yen, with the government and the Bank of Japan (BoJ) working on the legislative framework. While neither the BoJ nor the government has officially committed to a CBDC...

Neuralink Implants Chip in Human for Brain-Computer Interface

by Александр Пирогов | Jan 30, 2024 | Blog News

Elon Musk’s Neuralink has implanted its computer chip in a human test subject, marking a significant development in Brain-Computer Interface (BCI) research. The first human subject is reportedly recovering well, and initial results show promising neuron spike...

Hong Kong Regulator Lowers Crypto Insurance Coverage Mandate

by Александр Пирогов | Jan 30, 2024 | Blog News

The Hong Kong Securities and Futures Commission (SFC) has reportedly relaxed one of its crypto regulations by lowering the mandated insurance coverage on digital assets to 50%. OSL, one of the approved crypto exchanges in Hong Kong, stated that despite the reduction...

EU Regulator Clarifies Rules for Crypto Firms Serving Non-EU Customers

by Александр Пирогов | Jan 30, 2024 | Blog News

The European Securities and Markets Authority (ESMA) clarified rules for EU-based crypto firms serving non-EU customers. According to ESMA, third-country firms can provide crypto-asset services to non-EU clients only when the client is the exclusive initiator of the...