BNB fell more than 4.5% in the last 24 hours, dropping from around $805.7 to $766 at the time of writing as investors move away from risk assets as U.S. interest-rate cut hopes faded. The selling accelerated near $803, where a surge in trading volume, roughly 56% above average, marked a turning point, according to … Read more
The Bar Association of New York City has noticed that certain policy reforms are required to maintain the city’s position as a lucrative hub for crypto and Web3 activities. At present, even though the US has not deployed concrete rules to govern crypto, several major companies are experimenting with digital asset spaces in order to … Read more
The metaverse market, that is expected to grow at an annual rate of 37.7 percent in the next six years, is estimated to reach the valuation of $74.4 billion (roughly Rs. 6,20,918 crore) by the end of 2024. Gearing up to withstand the force of advancements in Web3, IIT Madras has begun drafting policies to … Read more
European Union’s crypto-focussed MiCA legislation, created to govern the crypto sector, went live on June 30 almost one year after being finalised in April 2023. The aim of this legislation is to ensure that investors engaging with the crypto sector across the EU region are safeguarded against the factors of financial risks and instability that … Read more
Microsoft Surface owners can expect to see additional software support from the company after it modified existing timelines for firmware and driver updates for Surface devices. The Windows maker recently updated its lifecycle policy for Microsoft Surface computers to extend support for recent models by two more years. As a result, Surface owners who purchased … Read more
The government reportedly plans to release a discussion paper before September, outlining its stance on crypto-related policies in the country, and crypto stakeholders — including the Bharat Web3 Association (BWA) — have already expressed their readiness to take part in the process. The paper is expected to pave the way for regulation of cryptocurrencies in … Read more
Alphabet‘s Google is set to appoint a manufacturing and policy veteran as its top government affairs executive in India to tackle legal challenges and expand hardware assembly to the country. Sreenivasa Reddy, currently a senior engineering executive at Microsoft, is likely to join Google toward the end of this year, people familiar with the matter … Read more
The Federal Reserve and other U.S. banking agencies issued another statement on the proper handling of crypto assets on Monday, outlining the appropriate policies that need to be followed for banks engaging in the “safekeeping” of customers’ digital assets. The statement sent out from the Fed, Federal Deposit Insurance Corp. and the Office of the … Read more
Microsoft Surface owners can expect to see additional software support from the company after it modified existing timelines for firmware and driver updates for Surface devices. The Windows maker recently updated its lifecycle policy for Microsoft Surface computers to extend support for recent models by two more years. As a result, Surface owners who purchased … Read more
The UK is intensifying oversight of cryptocurrency-related advertisements. To align with the country’s crypto advertising regulations, Google is updating its advertising policies this month. UK authorities aim to ensure that only crypto firms compliant with its legal and marketing standards can advertise to its citizens. Although the crypto sector remains in its early stages, it … Read more