According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS).
Hong Kong politician responds to Vitalik’s comments about crypto-friendliness
Johnny Ng of Hong Kong’s Legislative Council said he “sincerely invites” Vitalik Buterin to Hong Kong to better understand the situation regarding its crypto-friendliness.
XRP lawyer John Deaton joins LBRY case as amicus curiae
Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions.
Hong Kong retains top crypto-ready position for two consecutive years
While Hong Kong grabbed the top spot with a crypto readiness score (CRS) of 8.36, the United States fell down a spot to third place after recording a fall of 6.5% in its CRS score — from 7.7 in 2022 to 7.25.
Bitcoin’s cycles are changing — Bloomberg analyst Jamie Coutts explains how and why
This week’s episode of Market Talks discusses how Bitcoin cycles are changing and how it could impact the upcoming halving.
Forex vs. cryptocurrency trading, explained
Forex trading involves the exchange of traditional fiat currencies, while cryptocurrency trading involves the buying and selling of cryptocurrencies.
Wyoming stablecoin: Are state digital currencies even possible?
The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming.
Ethereum’s active addresses second-highest in history: analysts
Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery.
South Korean Bitcoin lender Delio plans to sue regulators: Report
South Korean financial regulators accused Delio of fraud and embezzlement and seized its assets in July earlier this year.
Google Cloud teams up with Web3 startup to make DeFi mainstream
Google Cloud told Cointelegraph that the partnership was done in light of increasing interest from clients exploring blockchain workloads on Google Cloud.
EU parliament votes overwhelmingly in support of DAC8 crypto tax reporting rule
The measure received 535 votes for with 57 against and 60 abstentions in a plenary session.
Bitcoin at $25K: Discount or disaster?
This week, The Market Report discusses Bitcoin’s recent dip below $25,000 and what it means for the near future. Was it a discount or a disaster?
OneCoin co-founder Greenwood gets 20 years in US jail for fraud, money laundering
Karl Greenwood will also have to pay back the $300 million he made in commissions in the OneCoin pyramid scheme.
NYU law professors argue ‘personal growth bets’ using smart contracts should be legal
The duo’s paper says self-contracts can help a user quit smoking or lose weight, but incentives such as putting a bomb in one’s own skull would surely test the limits of the law.
PayPal enables US users to sell cryptocurrency via MetaMask wallet
PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin.
Former Celsius CEO Mashinsky seeks dismissal of FTC case
The former Celsius CEO is currently out on bail facing multiple charges of criminal fraud and market manipulation from various U.S. regulatory agencies.
Blockchain could authenticate AI as crypto racks up court victories: Rep. Emmer
U.S. Rep. Tom Emmer told an audience at Permissionless II that things are looking up for crypto and it’s time to concentrate the narrative on innovation.
XRP bucks trend as crypto assets experience 4th straight week of outflows
Solana slid into the outflow column this week as Bitcoin’s outflows streak continued.
India working on 5-point crypto legislation as ban is ruled out
Indian crypto platforms could attain similar status as authorized dealers (similar to banks) under the guidelines of the Indian Central Bank RBI.
AI token trading volume steady amid Worldcoin buzz — Kaiko
The data revealed an increase in the trading volume of AI tokens in August, reaching approximately $870 million, up from $570 million at the close of July.