Crypto’s aversion to anti-money laundering standards is only hurting itself
For crypto to grow for the long term, the industry must show greater respect for global standards that combat crime, writes Slava Demchuk of AMLBot.
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Bitcoin, Ether rise; Dogecoin falls despite record high transaction volume
Top 10 non-stablecoin cryptos traded mixed, while investors continue to assess U.S. debt talks.
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Hong Kong? Singapore? Tokyo? Seoul? Dubai? The race is on for the Web3 hub of Asia | Part 2
While U.S. regulators continue debating over whether cryptocurrencies are securities or commodities, the digital assets industry is being pleasantly welcomed by several Asian cities. And the competition is really hotting up now.
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How many of today’s AI darlings will end up in the dot-com and crypto sewage?
For every PayPal or Google, countless other startups from the bubble days of yore took investor money down the toilet, writes Naveen Agnihotri. What makes this AI boom any different?
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Hong Kong? Singapore? Tokyo? Seoul? Dubai? The race is on for the Web3 hub of Asia | Part 1
As U.S. regulators file lawsuits against cryptocurrency platforms, prompting some digital asset companies to seek more favorable jurisdictions, a fleet of cities in Asia are putting out the welcome mat, seeking to attract the jobs and investment that Web3 technologies promise. Right now, Hong Kong seems to be grabbing the limelight, but it has competition.
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Circle: US regulation can help create the ‘most stable stablecoin’
Circle Vice President of Global Policy Corey Then says he is optimistic that U.S. regulatory developments can eventually benefit local players despite ongoing scrutiny.
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Weekly Market Wrap: Bitcoin trades below US$27,000 amid U.S. debt ceiling negotiations
Bitcoin traded below the US$27,000 mark for most of the week, as investor sentiment was weighed down by the prospect of the U.S. government’s potential default. Investors will be closely monitoring the ongoing debt ceiling negotiations.
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Ripple joins Hong Kong CBDC pilot, partners with Fubon Bank
Ripple Labs has launched a new payment platform for a central bank digital currency in Hong Kong.
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Hong Kong’s e-HKD pilot puts the world on notice
Rollout of the central bank digital currency in Hong Kong is a potential game-changer and a move that others may soon look to follow.
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Web3 needs to engage with local communities. Its future depends on it
Web3’s terrible user experience, scams and lack of diversity could be solved if its leaders take a cue from environmentalists and ‘act locally,’ writes Tim Williamson of NieuxCo.