News Explorer — Crypto and AI Need Global Regulations, Says India’s Prime Minister

Indian Prime Minister Narendra Modi has called for a global framework to regulate cryptocurrencies and other emerging technologies. Modi emphasized the need for rules and regulations that are not limited to one country or group of countries, highlighting the importance of considering the perspectives of emerging economies. As India presides over the 2023 G20 summit, they are taking significant steps in the fields of artificial intelligence and digital public infrastructure.

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Decrypt

Crypto and AI Need Global Regulations, Says India’s Prime Minister

Indian Prime Minister Narendra Modi has called for a global framework to regulate cryptocurrencies and other emerging te… Read Summary

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Aug 28, 2:02 pm

Forbes

IRS Floats Reporting Requirements for Digital Assets

The U.S. Department of the Treasury and the IRS have released proposed regulations on reporting digital asset transactions for tax purposes. The regulations aim to align tax reporting o… Read Summary

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Decrypt

BitBoy Crypto YouTube Brand Drops BitBoy Himself

BitBoy Crypto has announced that it has severed ties with Ben “BitBoy” Armstrong, a high-profile crypto influencer. The… Read Summary

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Aug 28, 9:20 am

Cointelegraph

Binance Poland Will Extend Services to Belgian Residents

Binance has announced that its Poland entity, Binance Poland sp. z o.o., will provide services to residents of Belgium i… Read Summary

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Aug 28, 11:11 am

Cointelegraph

Podcaster Charged by SEC for Selling Unregistered Securities via NFTs

Impact Theory, a media and entertainment company, has been charged by the SEC for conducting unregistered securities sal… Read Summary

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Aug 28, 10:37 am

The Block

Some Coinbase Users Are Incorrectly Seeing Empty Wallets

Coinbase is investigating an error that caused some Wallet users to see zero balances. While the company works on a fix,… Read Summary

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Aug 28, 9:38 am

Decrypt

SUI and PEPE Drop While Bitcoin Holds Firm

Bitcoin remained stable while altcoins experienced significant losses. Bitcoin’s price remained unchanged at $26,131 ove… Read Summary

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Aug 28, 8:56 am

Decrypt

Nearly $1M Stolen From Balancer After Exploit Alert

Balancer, a decentralized crypto exchange, experienced a hack resulting in a loss of nearly $1 million. The hack occurre… Read Summary

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Aug 28, 8:30 am

Decrypt

South Korean Exchanges Prepare for New Crypto Requirements

South Korean crypto exchanges will be required to set aside a minimum of 3 billion won in bank accounts as a safeguard,… Read Summary

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Aug 28, 5:44 am

Blockworks

Binance and TRM Labs Aid Arrest of ISIS-linked Individuals, Says Crypto Exchange

Binance and TRM Labs assisted in the arrest of individuals connected to an ISIS affiliate in Tajikistan and Turkey. The… Read Summary

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Aug 28, 5:04 am

Decrypt

Crypto Social App Friend.tech Sees Sharp Decline in Daily Revenues, Active Users

The hype around Friend.tech, the crypto app on the Base blockchain, has faded quickly. Daily revenues have plummeted by… Read Summary

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Aug 28, 3:25 am

Cointelegraph

1inch Investment Fund Scoops up $10M in Ethereum

The 1inch Investment Fund’s crypto wallet recently purchased a significant amount of Ether, totaling 6,088 ETH at a pric… Read Summary

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Aug 28, 3:43 am

Cointelegraph

Bybit, OKX Follow Binance and Remove Russian Banks Under Sanctions From Their Payment Options

Two major crypto exchanges, Bybit and OKX, have excluded Russian banks under international financial sanctions from thei… Read Summary

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Aug 27, 11:27 pm

Unchained Crypto

PayPal’s Newly Launched PYUSD Stablecoin Has Seen Low Adoption

PayPal’s new stablecoin PYUSD has not gained much traction since its launch, with only a small number of people using an… Read Summary

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Aug 27, 8:35 pm

Cointelegraph

Hong Kong’s Financial Secretary Supports Blockchain Tech, Allocating Additional Funding for its Development

Hong Kong’s Financial Secretary, Paul Chan Mo-po, expressed his support for blockchain technology and its potential for… Read Summary