Australian Senator Proposes Digital Asset Regulation Bill
An Australian senator submits a measure to regulate the cryptocurrency market in the Australian Senate, claiming the necessity of doing so. To control the nation’s cryptocurrency industry, Australian Senator Andrew Bragg on Wednesday introduced a new bill, the Digital Assets (Market Regulation) Bill 2023, in the Australian Senate. It will facilitate the licensing process for […]
Polygon, Wakweli Unite To Enhance NFT Verification
Web3 protocol Wakweli has partnered with layer-2 scaling platform Polygon to offer certification of authenticity for NFTs. All digital assets on Polygon will be compatible with Wakweli’s certification system thanks to the agreement between Polygon and Wakweli. Every NFT project holder on the Polygon chain can ask for authenticity certificates for each asset, according to […]
OKX To Apply For Hong Kong VASP License
OKX exchange is about to submit an application for a virtual asset service provider (VASP) license in the SAR. The latest exchange to expand operations to cryptocurrency-friendly Hong Kong is OKX, which is the seventh-largest digital asset exchange in the world by trading volume. The Seychelles-based bitcoin (BTC) trading platform OKX announced in a press […]
Williams Racing, Kraken Announce Global Alliance
The Kraken exchange network and Williams Racing have just established a global cooperation to research web3 and crypto. An agreement to bring web3 to the sports brand was recently revealed by Williams Racing and the digital asset trading platform Kraken. Williams Racing and Kraken announced their new international partnership in a press release. Williams Racing’s […]
China will modernize its national blockchain standards in 2025
The government in China hopes to improve industry development standards by actively pursuing breakthroughs in the blockchain sector. Notwithstanding the nation’s position on cryptocurrencies, Chinese officials have been actively growing their fintech industry, with a heavy concentration on blockchain technology. The Chinese fintech industry’s watchdog, the Ministry of Industry and Information Technology , declared on […]