IMF director urges ‘financial inclusion’ via digitalization
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion. Go to Source
Month: October 2023
UK to target potential AI threats at planned November summit
The summit scheduled for Nov. 1-2 will place significant emphasis on the potential existential threat that AI represents, a concern shared by several legislators. Go to Source
Council of Europe adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union Go to Source
Future of DAOs limited by lack of regulatory framework: ECB Occasional Paper
Uncertain regulatory conditions continue to have a negative impact on the sustainable growth of the DAO ecosystem, revealed a new European Central Bank occasional paper. Go to Source
BAYC creator Yuga Labs completes restructuring to focus on metaverse
Yuga Labs, a firm behind the Bored Ape Yacht Club NFTs, has completed restructuring to focus on its upcoming metaverse project Otherside. Go to Source
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields. Go to Source
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. Go to Source
Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts
Reports of Hamas using crypto to fund recent attacks in Israel could make Coinbase’s lobbying efforts more difficult, says Berenberg lead analyst Mark Palmer. Go to Source
Reddit to wind down blockchain-based rewards service ‘Community Points’
Reddit will shutter its Community Points feature by Nov. 8, citing scalability issues. Go to Source
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago. Go to Source