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Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs

Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs

The Abu Dhabi Global Market (ADGM) is building out a regulatory framework that may make trading platforms or exchanges that have licenses to operate within the free trade zone to trade NFTs.

Huobi Global Acquires Bitex To Expand Latin America in Market Share

Huobi Global Acquires Bitex To Expand Latin America in Market Share

Huobi Global is looking to expand its portfolio and strengthen its presence in Latin America following its acquisition of Bitex crypto exchange.

Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global

Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global

Philippine Cryptocurrency Exchange (PDAX) has raised $50 million from a Series B round, led by Tiger Global management.

Solana Launches Real-Time Carbon Emissions Tracking Dashboard

Solana Launches Real-Time Carbon Emissions Tracking Dashboard

The Solana Foundation has launched a real-time tracking dashboard to measure carbon emissions on its blockchain, making it the first "major smart-contract blockchain" to do so. The dashboard, available on the Solana Climate website, aims to set a new standard for measuring emissions in the blockchain industry and encourages transparency. The data used to power the dashboard is open-source and modeled on the estimated carbon footprint of the Dell PowerEdge R940. The move comes as global efforts are being made to utilize blockchain technology to monitor carbon emissions.

Upbit Singapore Secures MAS's MPI Licence

Upbit Singapore Secures MAS's MPI Licence

Upbit Singapore receives a Major Payment Institution license from MAS, marking a key step in its expansion and compliance with Singapore's regulatory standards in the digital asset sector.

Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment predicts autonomous vehicles could add $26T to global GDP and save over 1M lives by 2030, transforming economies and consumer experiences.

Binance Exchange Inaugurates Global Advisory Board under Compliance Drive

Binance Exchange Inaugurates Global Advisory Board under Compliance Drive

Binance Exchange has announced the establishment of its Global Advisory Board (GAB) as it looks to deepen its regulatory compliance in the region.

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy.

Bitcoin ETF Approval Expected to Propel Market Influx

Bitcoin ETF Approval Expected to Propel Market Influx

The fervor surrounding a US-regulated spot Bitcoin ETF is palpable, with its approval expected to significantly bolster Bitcoin's market adoption. Addressing the current inefficiencies in Bitcoin investment, a spot ETF promises cost efficiency, enhanced liquidity, ease of access, and regulatory compliance. The formal recognition by regulators and established financial brands could further fuel Bitcoin's market acceptance. The estimations indicate a substantial market influx post ETF approval, not just within the US but potentially extending to global markets, laying the groundwork for a robust 2024 for Bitcoin, as per the analysis by Charles Yu of Galaxy.

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

A new strategy for Web 4.0 and virtual worlds has been unveiled by the European Commission in an effort to steer the next technological revolution and guarantee a safe, open, and welcoming online environment for individuals, organizations, and government agencies across the EU.

Thailand Immigration Services to Implement the Idea of Virtual Visas

Thailand Immigration Services to Implement the Idea of Virtual Visas

Travelling to Thailand may become even more accessible, thanks to blockchain technology. Thai Immigration Officials are in the process of testing out an ‘eVOA’ service for tourists entering the country. As a result, physical copies of travel documents may no longer be necessary.

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