The Financial Services Commission (FSC) in South Korea issued a notice emphasising the obligation for investors in digital assets to receive interest on their deposits into exchanges by July 2024. Notably, the guidance excludes nonfungible tokens (NFTs) and central bank digital currencies (CBDCs) from this regulation.
JoyThe objective, ostensibly, is to close loopholes and bring the digital asset ecosystem into greater compliance.
BrianSouth Korea's Financial Services Commission proposes regulations, redefining cryptocurrency transactions with a focus on user protection, token exclusions, and liability measures.
Hui XinU.S. presidential candidates from both major parties discuss key cryptocurrency issues, including Tornado Cash and future legislation, at Coinbase's Stand With Crypto event.
YouQuanFIFA transitions to Polygon for its 2026 World Cup digital collectibles, aiming to revitalise its blockchain strategy and offer fans unique, tangible rewards.
YouQuanPenang Free School (PFS), Southeast Asia’s oldest English-medium school, is taking a bold leap into the future of education through a strategic alliance with Crypken Sdn Bhd, a Web3 company. This collaboration marks a pivotal moment for the Malaysian education sector, introducing blockchain-powered certificates for students—a move towards enhanced security, transparency, and a student-centric credentialing system.
JoyBinance strategically exits Russia, selling to CommEX amid regulatory challenges and speculation.
Hui XinCreta joins forces with Thomas Vu, producer of “League of Legends”, backing his game incubation projects and upcoming media ventures. Both entities synergise their Web3 incubation programs, aiming for originality and quality, eyeing the Middle East and India's emerging markets.
JoyA recent study highlights a significant vulnerability in custom GPTs, revealing the ease of extracting sensitive data through prompt injection attacks, urging stronger security measures.
YouQuanWylie Aronow, co-founder of Yuga Labs, despite making progress in his health, is not prepared to return to active work, and emphasises the need for sustained well-being.
Hui Xin