Uzbekistan permits two banks to issue crypto cards
Kapital Bank and Ravnaq Bank got approval from the National Agency for Perspective Projects to participate in the digital sandbox of crypto regulation.
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Circle CEO: 70% of USDC adoption comes from outside the US
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing.
Binance Japan begins launching trading services for residents
The Japan-based crypto exchange said it was offering spot trading for 34 tokens as of Aug. 1, with plans to migrate global Binance users starting on Aug. 14.
Kuwait bans crypto and virtual assets transactions
Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.
Bitcoin price falls under $30K as macro and regulatory worries take center stage
As investor’s euphoria over Bitcoin subsides, regulatory and macroeconomic headwinds resurface to negatively impact BTC price.
Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec
In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi.
Limited generative AI usage to be allowed in Japanese schools
The Japanese Ministry of Education plans to allow limited use of generative AI, like ChatGPT, in elementary, junior high and high schools across the country.
Gemini plans Asia-Pacific expansion as part of ‘next wave of growth for crypto’
The crypto exchange has already announced efforts to expand into Canada and Europe amid a lawsuit from the United States Securities and Exchange Commission.
US Bitcoin supply fell over 10% in the past year — Glassnode
Bitcoin is increasingly active in Asia as U.S. supply share dwindles over the past two years.
OpenAI gets warning from Japanese regulators on data collecting
Japanese privacy watchdog warned OpenAI about collecting sensitive data without permission, threatening further action.