Business

Web 3.0 and blockchain integration to fuel Hong Kong’s economic growth
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31 August, 2023

Web 3.0 and blockchain integration to fuel Hong Kong’s economic growth

Hong Kong's financial secretary envisions economic growth driven by Web 3 innovations like NFTs and metaverse, urging businesses to adopt...
Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token
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31 August, 2023

Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token

A digital currency exchange gets hacked. The owners launch their own token. They repay the affected users with this new...
Digital currency exchanges in South Korea must have $2.3M in reserves starting September
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30 August, 2023

Digital currency exchanges in South Korea must have $2.3M in reserves starting September

New South Korean exchange rules: $2.3M reserves, KYC focus, and compliance rush before September deadline.
Germany devises AI investment plan to match US
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30 August, 2023

Germany devises AI investment plan to match US

Germany pursues its ambition to double down on AI funding, with Bettina Stark-Watzinger saying the plan would support further innovation...
Dubai’s VARA approves digital asset staking for VASPs under amended rule
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30 August, 2023

Dubai’s VARA approves digital asset staking for VASPs under amended rule

VARA's latest amendment opens doors for Dubai's custodial firms to stake digital currencies, eliminating extra licensing hurdles and attracting global...
Should ‘crypto’ cold calls be banned? UK Treasury wants public input
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30 August, 2023

Should ‘crypto’ cold calls be banned? UK Treasury wants public input

As part of its plan to curb financial fraud, the U.K. mulls banning digital asset-related cold calls, which could have...
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