Hong Kong issues generative AI guidelines for consumer protection
The HKMA introduces new principles for using generative AI, emphasizing governance, transparency, and data protection in consumer-facing applications.
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Global Blockchain IoT Market to Grow at a CAGR of 91.5% by 2026
A study by a market research firm Research Dive ensures that the global blockchain IoT market size could reach $5,802.7 million in 2026, in addition to the compound annual growth rate (CAGR) being around 91.5% projected for that period.According to India-based firm Research Dive, the increasing adoption of the IoT blockchain and the increase in…

Experts divided on how far India’s ‘private crypto’ ban will go
Previous documents from the Indian government indicate that it believes any cryptocurrencies not issued by the government are considered private, and therefore could be banned. 292 Total views 16 Total shares Government documents from 2019 have been cited by an Indian crypto expert to suggest that the proposed ban on all “private cryptocurrencies” could include…

Litecoin Mimblewimble Integration Sees Test Build and Codebase Progress
Litecoin and Grin++ developer, David Burkett, has posted an April progress update on Litecoin’s Mimblewimble integration, claiming that a testing framework has been built and codebase integration has started. 2710 Total views 55 Total shares The lead developer on the Litecoin Mimblewimble (MW) project, David Burkett, has now built a functional testing framework and started…

SEC chair wants robust crypto regulatory regime for the US
America’s securities chief has crypto regulatory ambitions beyond ETFs and token offerings and includes markets like lending and DeFi. 771 Total views 30 Total shares Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), is reportedly keen on bright-line regulations for the country’s crypto space.Gensler expressed the SEC’s desire to install safeguards…

USDC issuer Circle supports proposal to regulate stablecoin issuers as banks
"There's a real recognition that as these payment stablecoins grow, they could grow at internet scale relatively quickly," Circle CEO said. 621 Total views 17 Total shares Issuers of stablecoins like Tether (USDT) and USD Coin (USDC) may soon be required to work under the same regulations as banks, but that seemingly doesn’t frighten the…

Bitcoin Price Ready to Push Above Key Resistance to Hit $10,000
Bitcoin (BTC) price sees a tremendous start of the year as it surged 25% year-to-date. Not only has Bitcoin been flourishing over the past few weeks, but altcoins have also been following along. Will Bitcoin continue the upward momentum, or is it a temporary top close?Crypto market daily performance. Source: Coin360Bitcoin breaks the 7-month downtrendThe…

UK financial watchdog to crypto industry: ‘Let’s work together’
The Financial Conduct Authority wants input from crypto companies on moving forward with regulations. 66 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe United Kingdom's financial regulator, the Financial Conduct Authority (FCA), wants to work together with crypto companies to develop a regulatory framework for the industry.On…

Fundstrat Global Advisors Technical Analysis Points to Further Rally
In its new technical analysis, market research company Fundstrat Global Advisors says that cryptocurrencies are poised to make further gains, Bloomberg reported on June 13.Per the analysis, most digital currencies are trending upwards as relative-strength-index momentum has begun to turn upward from neutral. The tendency purportedly indicates strength in the markets.Rob Sluymer, a technical strategist…