UAE Requests Consular Assistance for Pavel Durov’s French Detention
The UAE’s foreign ministry has requested that the French government provide consular assistance to Telegram CEO Pavel Durov. In a significant development regarding the detention of Telegram CEO Pavel Durov in France, the United Arab Emirates (UAE) has expressed support for Durov, who holds Russian, French, and Emirati citizenship. The UAE has formally contacted the […]
CoinDCX Okto Obtains License In World’s First And Only Free Zone
CoinDCX, an India-based crypto exchange, recently announced that its Web3 wallet Okto has received a business license from RAK DAO. Indian cryptocurrency exchange pioneer CoinDCX has reached a significant milestone with its self-custodial wallet, Okto. The company announced today that it has received a business license from RAK Digital Assets Oasis (RAK DAO), the world’s […]
New Zealand Adopts OECD Crypto Reporting Framework in New Tax Bill
Crypto service providers who fail to take “reasonable care” to comply with the requirements might face fines ranging from 20,000 to 100,000 New Zealand dollars ($12,000 to $62,000). The Minister of Revenue in New Zealand has introduced a new proposal to adopt the crypto-reporting framework developed by the Organisation for Economic Co-operation and Development (OECD). On […]
Elon Musk Backs AI Safety Regulations
Elon Musk supports the controversial AI regulation bill SB 1047 in California, despite worries it could hinder U.S. AI research. Elon Musk, a billionaire technology entrepreneur, has expressed his support for a piece of legislation that some people are concerned will hinder research in artificial intelligence in the United States. Elon Musk stated that it […]
Base Hits 1M Users as Basenames Surges
Currently, Base maintains 1.03 million daily active addresses, surpassing other protocols like Arbitrum and Linea. The network of Coinbase’s layer 2 There has been a significant increase in the number of new “basenames” registered on the blockchain, which has led to Base surpassing the milestone of one million daily active addresses. Base has only reached […]