South Korean regulators recently engaged in discussions with officials from the Association of Southeast Asian Nations (ASEAN) and the Organization for Economic Cooperation and Development (OECD) regarding crypto policy. The event took place in Seoul and was hosted by the Financial Services Commission (FSC) of South Korea. The main focus of the discussions was to
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In recent news, US SEC chair Gary Gensler has spoken out against the deceptive practice known as “AI washing” within the financial sector. This unethical behavior involves making false claims about the use of artificial intelligence (AI) to manipulate stock prices and attract investors. Gensler’s strong stance against AI washing highlights the potential violations of
As XRP continues to lag behind other cryptocurrencies in the current market rally, investors are starting to shift their focus towards a new ICO called 5thScape. The search for potential high returns on investment has led many to explore the opportunities presented by 5thScape, a crypto-powered VR/AR project that aims to revolutionize the virtual reality
The article starts by discussing the recent explosive price action of Shark Token (SHARK) on the Solana blockchain. The author points out that SHARK has shown significant volatility, with a 24-hour change of -37.5% and a market price of $0.0055. The token experienced a massive pump of +9,400% in the first hour of its listing
The recent ruling by a Federal High Court in Nigeria has directed Binance, a major cryptocurrency exchange, to furnish the Economic and Financial Crimes Commission (EFCC) with detailed information regarding all its Nigerian users. This decision comes amidst escalating tensions between Binance and Nigerian authorities over the past month. The root of this conflict can
The surge in Solana’s biggest decentralized exchange, Jupiter (JUP), has caught the attention of crypto investors as its market cap surpasses $2 billion. The fully diluted market cap of Jupiter is rapidly approaching $15 billion, sparking conversations about the timing of investing in this project. Previously, Jupiter was trading at a much lower valuation just
Scotty the AI, also known as $SCOTTY, is creating waves in the world of cryptocurrencies. The highly anticipated listing of Scotty the AI on the Uniswap decentralized exchange has crypto enthusiasts buzzing with excitement. With a launch scheduled for Thursday, March 21st at 10am UTC, the Scottish Terrier coin has already raised an impressive $10.8
The recent decision by crypto exchange OKX to delist Tether (USDT) pairs in the EU and only support USDC and euro-based pairs has raised concerns among users in the region. This move, which was communicated to customers on March 18, comes in the wake of the EU releasing draft technical standards related to stablecoins. According
Meme coin prices have seen a significant drop over the weekend, with popular tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) plummeting by as much as 20% to 15% in the past week. This downward trend comes amidst an overall market correction following a period of bullish growth, largely fueled by the increasing
In a move to promote the adoption of digital payments and its central bank digital currency (CBDC), the People’s Bank of China has launched a digital yuan service guide specifically designed for foreign visitors. This initiative aims to facilitate contactless payments using e-CNY and provide a seamless experience for international tourists traveling in China. The
