The UK's Financial Conduct Authority (FCA) has announced that it will give crypto firms an extended grace period to implement the required changes as it begins to enforce new regulations in the sector from October 2023. In a statement...
The UK government has taken a significant step towards advancing its artificial intelligence (AI) capabilities by appointing distinguished figures from the realms of security and computer science to its Frontier AI Taskforce. In an official press release published on...
On Thursday, September 7, 2023, the Financial Stability Board (FSB) and the International Monetary Fund (IMF) jointly published a comprehensive paper outlining policy and regulatory frameworks for crypto assets. Alongside these frameworks, the two key players in the global...
Anatoly Aksakov, a Russian lawmaker and chair of the Parliament's financial committee, has predicted that blockchain technology and the adoption of Russia's Central Bank Digital Currency (CBDC), known as the Digital Ruble, would lead to a gradual decline in...
Grayscale has petitioned the U.S. Securities and Exchange Commission (SEC) to hasten its decision regarding the application to convert the Grayscale Bitcoin Trust (GBTC) to a traditional Bitcoin Exchange-Traded Fund (ETF). In a letter sent on September 5, 2023,...
Japanese electronics manufacturer Casio, in collaboration with Polygon Labs, is venturing into the world of NFTs with its latest announcement of the virtual G-SHOCK project. As part of the project, the company would establish an interactive user community to...
India's Finance Minister, Nirmala Sitharaman, has revealed that the G20 nations are actively discussing the introduction of a unified framework for cryptocurrency regulations in their jurisdictions. Speaking at an event in Mumbai ahead of the upcoming G20 summit on...
The London Stock Exchange Group (LSEG) is reportedly developing a blockchain-based digital platform for trading financial assets. Murray Roos, the head of capital markets at the LSEG, stated in an interview with the Financial Times that the Group is...
The State Bank of India (SBI) has added support for the Unified Payment Interface to its Central Bank Digital Currency (CBDC) app, 'eRupee by SBI'. The integration will allow the app users to conduct swift and secure transactions by...
If you've ever attempted to sell your cryptocurrency assets or convert them into traditional fiat currencies, you'd probably be conversant with the term 'crypto off-ramps.' Crypto off-ramps allow users to exchange their crypto assets for fiat currency, which can...
