The European Union's Markets in Crypto-Assets (MiCA) Regulation, designed to establish a consistent regulatory framework for crypto assets across member states, has been published in the Official Journal of the European Union (OJEU) on June 9, 2023. The regulations...
The European Consumer Organization (BEUC), Europe's top Consumer rights group, has raised concerns about the prevalence of misleading information and inadequate risk disclosure surrounding cryptocurrency ads on social media platforms. TikTok, Instagram, Twitter & YouTube are responsible for allowing...
The U.S. House of Representatives Subcommittee on Innovation, Data, and Commerce of the Energy and Commerce Committee held a hearing on June 7, 2023, to discuss the future of Web3 and blockchain technology in the country. Prominent figures from...
The Financial Conduct Authority (FCA) of the United Kingdom announced on June 8, 2023, that it would introduce stringent regulations to improve investor protection and promote a better understanding of risks among investors. The new regulations, effective from October...
Web3 data intelligence firm, Forkast Labs, has announced a partnership with The Sandbox, a subsidiary of Animoca Brands and a decentralized gaming virtual world. The collaboration aims to redefine measurement standards and transform the assessment of digital asset value...
Commonwealth Bank (CBA), a leading Australian bank, has implemented proactive measures to mitigate potential fraud risks associated with cryptocurrency transactions. In an announcement on June 8, 2023, the bank revealed that it will now refuse or subject certain payments...
In a significant leadership change, GameStop has fired its CEO, Matthew Furlong, and appointed billionaire investor Ryan Cohen as executive chairman. The company confirmed Furlong's termination in a statement on June 7, 2023, without providing an explanation for the...
Binance is currently facing challenges in its business endeavours in South Korea due to legal issues with financial regulators in the United States. The U.S. SEC recently filed a lawsuit against Binance; it accused the crypto exchange of commingling...
Volcano Energy, a public-private partnership in El Salvador, has secured an initial funding of $250 million for its ambitious Bitcoin mining project. This funding is part of a $1 billion commitment to construct a state-of-the-art mining farm in the...
The U.S. House of Representatives Financial Services Committee has scheduled a hearing to shed light on the digital asset ecosystem and discuss the future of cryptocurrencies in the country. The Committee Chairman, Representative Patrick McHenry, announced this decision on...
