Chinese leader has replied to Turing Award winner Professor Yao Qizhi, with insiders stating that he is preparing an AI and blockchain venture capital fund.
AlexChairman of the Financial Supervisory Commission (FSC), Huang Tien-mu, attended a special session at the Legislative Yuan today and for the first time clearly disclosed the timeline for the formulation of a special law for virtual assets. He stated that the FSC will gradually regulate virtual assets in four phases, ultimately moving towards the establishment of a special law for virtual asset management. The draft of this law is expected to be completed by the end of December this year and submitted to the Executive Yuan by June next year.
MiyukiBitcoin mining company Bitfarms announced on June 10 that its board of directors has approved a Shareholder Rights Plan to fend off a hostile takeover by its competitor Riot Platforms.
WeiliangSources indicate that Biden's campaign team is in discussions to accept cryptocurrency donations through Coinbase Commerce.
AlexRipple announced yesterday (12th) the upcoming launch of the XRPL EVM Sidechain, using Axelar as the sole bridge for the sidechain. Additionally, they introduced a new stablecoin, RLUSD.
MiyukiKMT legislator Wang Hongwei raised concerns during a Legislative Yuan session about the Ministry of Justice's cooperation with Binance, the world's largest cryptocurrency exchange. She accused Binance of being notorious for money laundering and international crime, calling for an end to the partnership. In response, Binance emphasized that it has never been penalized for fraud and actively collaborates with global law enforcement agencies.
WeiliangTerraform Labs has agreed to a $4.47 billion settlement with the SEC. However, the funds will go to the SEC, not the affected individuals, sparking public outcry from the crypto community and industry leaders.
KikyoTapSwap, a popular crypto mining game on Telegram, faces credibility concerns due to abrupt changes like removing Solana branding and introducing questionable tasks redirecting to unrelated Telegram channels. These issues, combined with technical glitches and unclear blockchain plans, have sparked skepticism about TapSwap's legitimacy among users and analysts alike.
AnaisThe UK’s NHS Chief is urging lawmakers to act against rising crypto trading addiction among young people, responding to an increase in those seeking help for addiction to the volatile digital currency market.
CatherinePresident Biden's campaign is exploring crypto donations via Coinbase Commerce, aiming to engage tech-savvy voters amid criticisms of inconsistency in his crypto stance. This move contrasts with past regulatory actions and signals a strategic shift ahead of a competitive election.
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