Technology

Indian state Tamil Nadu announces its blockchain policies.

Tamil Nadu has announced its blockchain policies, becoming the first state in India to release its safe and ethical artificial intelligence (AI), blockchain and cybersecurity policies. According to the Indian Express report, the adoption of these ethical blockchain policies...

Russia’s new crypto regulations require users to report their wallets or face imprisonment.

According to the local media outlet RBK, Russia's Ministry of Finance has prepared a new version of Russia's laws that introduce stringent measures regarding the usage of crypto wallets. The announcement follows an earlier attempt to prohibit crypto transactions...

US Banks can now hold reserves in stablecoins.

The U.S. regulators have given banks and financial institutions the authorization to hold reserves in stablecoins, opening up new opportunities for institutions to service the digital currency sector. In an interpretive letter issued by the Office of the Currency...

The U.S. intelligence agency CIA will use blockchain in its research and development arm.

The United States' foreign intelligence service CIA is launching a research and development arm, and blockchain technology will be one of the key areas of focus. The Central Intelligence Agency (CIA) will also research other emerging technologies, including artificial...

France and Italy regulators continue to crack down on crypto scams – a report by Saumil Kohli.

France’s top financial regulator has published a new list of investment websites that are not authorized to operate within the country, including the so-called digital asset service providers (DASPs). One of the firms that came under the spotlight of...

Blockchain Capital becomes the latest member of the Libra Association – a report by Saumil Kohli.

The Libra Association announced that Blockchain Capital has become the latest member to join the organization behind the Libra project. Blockchain Capital is a reputed blockchain company with a bunch of experts and a good network. Its leverage network...

OKEx CEO Jay Hao calls out Binance for promoting questionable DeFi products – a report by Saumil Kohli.

The CEO of OKEx, Jay Hao, called out Binance and its CEO Changpeng Zhao for their recent support of certain DeFi projects. He also claimed that Binance Smart Chain, or BSC, is highly centralized, noting that only a single team controls...

Twitter reveals a new set of security measures after the infamous bitcoin hack – a report by Saumil Kohli.

Social media giant Twitter unveiled major security updates to its platform ahead of the US elections, the firm revealed in a statement. “As we learn from the experience of past security incidents and implement changes, we’re also focused on...

U.S. regulators agree on a plan to consolidate crypto licensing regulations – a report by Saumil Kohli.

Financial regulators from 49 U.S. states have agreed on a plan for consolidating digital currency licensing compliance, in a move that is set to make it easier for firms to operate across states under the same compliance obligations. According...

South Korean government plans to bring blockchain voting into people’s homes – a report by Saumil Kohli.

According to the ZDNet report, the South Korean Ministry of Science, or ICT, chose a local firm, Ksign, to develop a contact-free platform that will let residents engage with electronic voting, parking space management other housing-based governance measures. The...

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Bybit CEO claims most crypto exchanges are vulnerable to hacks by design.

Crypto exchange security has been a trending subject recently due to crypto attacks that happened in the past few...
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