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Iran Joins BRICS to Reduce Reliance on Western Economic Systems

Iran Joins BRICS to Reduce Reliance on Western Economic Systems

Iran joins BRICS, aiming to mitigate US sanctions and challenge Western economic dominance, amidst mixed reactions and uncertain benefits.

Hong Kong International Airport Launches First-Ever Metaverse

Hong Kong International Airport Launches First-Ever Metaverse

Hong Kong International Airport (HKIA) has partnered with JCDecaux Transport Hong Kong to introduce the first-ever HKIA Metaverse.

FCA Unveils Guidance on Cryptoasset Promotions Compliance

FCA Unveils Guidance on Cryptoasset Promotions Compliance

The UK's Financial Conduct Authority has issued a finalised non-handbook guidance on Cryptoasset Financial Promotions, aiming to clarify compliance with new laws and balance consumer protection with innovation for long-term economic growth.

Miami International Holdings Partners with Lukka, Launching Crypto Derivatives

Miami International Holdings Partners with Lukka, Launching Crypto Derivatives

Miami International Holdings and Lukka are preparing to participate in the crypto derivatives ecosystem. Both institutional and retail demands continue to rise significantly in this space.

UN convenes AI High-level Advisory Body for Global Governance

UN convenes AI High-level Advisory Body for Global Governance

The UN Secretary-General is convening a High-level Advisory Body on AI to analyze and advance recommendations for global AI governance. Comprising up to 38 international experts from government, private sector, and civil society, the body aims to harness AI for humanity while addressing its risks. The initiative, which underscores the importance of a globally inclusive approach, seeks to align AI governance with human rights and Sustainable Development Goals.

South Korea and U.S. Set for High-Level Crypto Regulatory Talks in January

South Korea and U.S. Set for High-Level Crypto Regulatory Talks in January

South Korea's FSS Chief, Lee Bok-hyun, is set to meet with SEC Chair Gary Gensler in January to discuss cryptocurrency market regulation in light of global market changes.

The Bank for International Settlements Gives CBDCs Full Backing

The Bank for International Settlements Gives CBDCs Full Backing

The Bank for International Settlements (BIS) announced its full support for developing central bank digital currencies (CBDCs) in pursuing financial and monetary stability through international cooperation with the mandate and support by central banks.

US Election Results to be Published on the Blockchain

US Election Results to be Published on the Blockchain

Everipedia, the blockchain-based encyclopedia has teamed up with international newsgroup The Associated Press (AP) for the upcoming US election in November.

IMF Releases New Blog on the Adoption of Stablecoins

IMF Releases New Blog on the Adoption of Stablecoins

The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods.

IMF Official Talks Benefits and Shortcomings of CBDCs, Proposes a Hybrid Solution

IMF Official Talks Benefits and Shortcomings of CBDCs, Proposes a Hybrid Solution

Tao Zhang, deputy managing director of the International Monetary Fund (IMF), acknowledges the tremendous promise that CBDCs hold and challenges lying ahead.

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Dubai International Financial Centre (DIFC) and Mashreq Bank announced the launch of the region’s first blockchain data-sharing platform which went live on March 1.

Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum

Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum

In the face of global isolation from international financial systems and imposed US sanctions on state-run PSDV (Petroleos de Venezuela S.A.) , Venezuelan’s Central Bank is looking to explore Bitcoin and Ethereum payment systems.

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