Indian high court seeks ad disclaimers from crypto exchanges
India’s Delhi High Court is looking to put a clear voiceover and a disclaimer covering 80% of the screen on crypto ads on national TV. Go to Source Powered by WPeMatico
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China shuts down crypto mining in Anhui province
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations. Go to Source Powered by WPeMatico
OK Group to help China combat money laundering with blockchain
OK Group will start working with Chinese authorities to combat money laundering using distributed ledger technology. Go to Source Powered by WPeMatico
Former Bitmain CEO Jihan Wu: Regulatory crackdown may be good for crypto
Wu also pitched Singapore, where his current company Matrixport is based, as a strong contender to serve as “a hub for crypto innovations.” Go to Source Powered by WPeMatico
Australian government awards $4M in grants to two blockchain startups
The new investment aims to explore blockchain’s capability to expand the competitiveness of Australia’s critical minerals and food and beverage industries. Go to Source Powered by WPeMatico
UAE to experiment and launch an in-house digital currency
As a part of the 2023-2026 strategy, CBUAE intends to be among the world’s top 10 regulators. Go to Source Powered by WPeMatico
UK advertising watchdog flags crypto ads ‘red alert’ priority
The United Kingdom’s Advertising Standards Authority is increasing its capacity to track misleading crypto ads using AI and scraping. Go to Source Powered by WPeMatico
France and Singapore pilot cross-border CBDC transactions
The central banks of France and Singapore are working on a digital currency interoperability system supporting multiple global CBDCs. Go to Source Powered by WPeMatico
China’s central bank worried about stablecoins’ risk to financial systems
While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems. Go to Source Powered by WPeMatico
Russian lawmakers prepare legal amendment to confiscate crypto
Russia’s prosecutor general, Igor Krasnov, says new crypto regulations are needed to combat corruption as — in his view — digital assets are often used to facilitate crime. Go to Source Powered by WPeMatico