Auto Added by WPeMatico

Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities

The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising…

Continue ReadingNigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities

US Banking Regulator Calls for Stronger Oversight of Crypto Risks

Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision…

Continue ReadingUS Banking Regulator Calls for Stronger Oversight of Crypto Risks

Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions

The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and…

Continue ReadingHong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions

SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities

The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it…

Continue ReadingSEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities

Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain

Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed…

Continue ReadingSpace and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain

AWS CEO Predicts AI to Transform Software Developer Roles

In a leaked recording from an internal meeting, Amazon Web Services CEO Matt Garman discussed the evolving role of software developers in the age of artificial intelligence (AI). Garman suggested…

Continue ReadingAWS CEO Predicts AI to Transform Software Developer Roles

Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator

Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they…

Continue ReadingInnovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator

Senate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024

Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year’s end, stressing the importance of collaboration to keep the U.S. at the forefront of innovation. At…

Continue ReadingSenate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024

Vanguard’s New CEO Reaffirms No Crypto ETFs in Future Strategy

Vanguard’s new CEO, Salim Ramji, reaffirms the company’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while rejecting the launch of a crypto ETF. Ramji, a…

Continue ReadingVanguard’s New CEO Reaffirms No Crypto ETFs in Future Strategy