This Report will provide some essential and quick news about cryptocurrencies happening worldwide.
The European Union is being urged to relax forthcoming regulations for open-source artificial intelligence models by a group of digital companies including GitHub, Hugging Face, Creative Commons, and others in an open letter…[continue reading]
2) Peru Tightens Its Crypto Laws And Requires Exchanges To Follow AML Rules
All crypto exchanges inside the nation are required by decree to adhere to anti-money laundering (AML) standards. To protect its financial system from illegal activity, the Peruvian government has taken this important step towards regulating the crypto ecosystem…[continue reading]
3) U.S. Senate Committee Passes Crypto-Friendly Bill
The measure has received unanimous support from the Agriculture Committee of the US House of Representatives, which is good news for the cryptocurrency market. The House Agriculture Committee on Thursday gave its blessing to a measure that would provide a uniform regulatory framework for cryptocurrencies in the United States…[continue reading]
4) Twitter Account Of A Pro-XRP Lawyer Has Been Hacked
The hacker used Hogan’s account to publish a tweet in which they claimed to be in a giving mood and offered to return twice the value of any XRP tokens that were given to a certain wallet address. In addition, the tweet included the wallet addresses for BTC and ERC20 tokens, and it said that the giveaway will only take thirty minutes to complete…[continue reading]
5) Token And Payment System Development In Hong Kong And Saudi Arabia
Even though they issued a warning about how Bitcoin is “not recognised by legal entities” in 2019, the Saudi Central Bank hasn’t spoken anything more about cryptocurrencies since then. Tokenization and payments infrastructure agreements are two areas where Hong Kong and the Kingdom of Saudi Arabia want to deepen their financial partnership…[continue reading]
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