Crypto exchanges subject to EU Travel Rule in 6 months
New EU regulations mandate crypto exchanges to comply with Travel Rule Guidelines, enhancing AML/CFT measures starting Dec. 30.
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Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.

Huobi Global welcomes Vincent Lau as new managing director
Vincent Lau, formerly of Bitfinex and OKEx, has joined Huobi Global as its new managing director. 2428 Total views 14 Total shares Huobi Global, one of the largest cryptocurrency exchanges by trade volume, has announced the appointment of blockchain industry veteran, Vincent Lau, as the company’s new managing director.Lau previously worked as an executive at…

Digital ruble could be still vulnerable to fraud, Russian banks warn
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble. 2219 Total views 11 Total shares Russia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions.The Association of Russian Banks, or…

Bitcoin’s Realized Price Action Shows Full Recovery From Black Thursday Crash
The realized price of Bitcoin that flipped around Black Thursday has fully recovered currently standing at almost double of the market price. 1177 Total views 15 Total shares Another key metric points to the recovery of the Bitcoin (BTC) market — the current price has recently doubled the asset’s “realized” price.Bitcoin price versus realized price.…

The Digital Chamber pens letter to Vice President Kamala Harris
“Over 50 million Americans own crypto,” the advocacy letter stated while calling on Kamala Harris to deviate from the Democrats' current party line.

SEC wins in killing Kraken’s major questions doctrine defense
A judge has killed part of Kraken’s defense in a suit launched by the Securities and Exchange Commission that argued Congress hadn’t given the agency jurisdiction over crypto.

NFTs make it possible for gamers to have digital property rights
Every day, we hear of more involvement by big industry players (for example, Epic Games and Roblox) as we creep closer to the Metaverse, a shared persistent virtual environment of interconnected digital experiences. The problem is that none of this matters until netizens are able to truly own digital assets. And it all starts with…

Cypherium to Assist China in Advancing Blockchain City Infrastructure
Suzhou City, one of major cities that successfully piloted China’s central bank digital currency, signed a MoU with the Cypherium blockchain platform. 191 Total views 4 Total shares Cypherium, the enterprise-level blockchain platform, is going to contribute to the blockchain development of a major Chinese city.A partner of global tech giants like Microsoft and Google,…