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SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation

SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation

Hester Peirce, Commissioner of the Securities and Exchange Commission has continued her push for regulatory clarity on crypto and blockchain projects to encourage innovation in the US capital markets.

Avalanche Launches Avaissance to Boost NFT Ecosystem

Avalanche Launches Avaissance to Boost NFT Ecosystem

The Avalanche Foundation has announced the launch of Avaissance, an initiative aimed at supporting digital artists and growing the Avalanche NFT ecosystem. The program includes an Artist in Resident program for over 50 artists and the Mona Lisa Initiative to curate digital art and expand the collections of art-focused DAOs. In other news, Ticketmaster has announced a new feature, token-gated ticket sales, allowing artists to reward NFT holders with exclusive benefits. Popular NFT artist Patrick Amadon withdrew his work from a major auction house to protest a lack of female representation. Sony Interactive Entertainment filed a patent for a framework allowing users to transfer and utilize NFTs across multiple game platforms.

Hong Kong's VSFG Set to Pioneer Spot Bitcoin ETF in Q1 2024

Hong Kong's VSFG Set to Pioneer Spot Bitcoin ETF in Q1 2024

Hong Kong's VSFG is set to launch a spot Bitcoin ETF in Q1 2024, aiming for $500 million in assets. This aligns with Hong Kong's regulatory shift towards cryptocurrency and its ambition to become a digital asset hub.

LimeWire to Debut Music NFTs in Partnership With UMG

LimeWire to Debut Music NFTs in Partnership With UMG

LimeWire has tapped Universal Music Group to roll out exclusive music-based non-fungible tokens (NFTs).

UK Introduces Bill to Classify Crypto and NFTs as Personal Property

UK Introduces Bill to Classify Crypto and NFTs as Personal Property

The UK has introduced a bill to classify cryptocurrencies and NFTs as personal property, enhancing legal protections for owners and clarifying their legal status.

Hong Kong Security Chief Vows to Hunt Down JPEX Crypto Scam Ringleaders

Hong Kong Security Chief Vows to Hunt Down JPEX Crypto Scam Ringleaders

Hong Kong authorities are intensifying efforts to apprehend the key operators behind JPEX, a cryptocurrency platform implicated in the city's largest alleged financial fraud. The police have arrested 15 individuals and seized assets worth HK$85 million ($10.8 million). Financial Secretary Paul Chan Mo-po emphasized the need for a proper regulatory framework for Web3-related businesses.

Amid Criticisms, Binance's Changpeng Zhao Praises Biden's New Crypto Framework

Amid Criticisms, Binance's Changpeng Zhao Praises Biden's New Crypto Framework

Binance's CEO, Changpeng Zhao popularly known as CZ has declared his support to the president of the United States for bringing out a new framework that will guide the activities of using cryptocurrencies in the country in spite of a backlash from other stakeholders

Mindgrasp: Everything You Need to Know

Mindgrasp: Everything You Need to Know

Mindgrasp is an AI platform aiding in document analysis, summarization, and learning, with unique features that set it apart from Otter.ai, Quillbot, and Homeworkify.

Sean Patrick Maloney's OECD Role Amidst Crypto Advisory Background

Sean Patrick Maloney's OECD Role Amidst Crypto Advisory Background

Sean Patrick Maloney, after serving in the U.S. House and on Coinbase's Advisory Council, faces scrutiny over potential conflicts in his OECD ambassador role, signaling a pivotal moment for crypto regulation.

SEC Extends Review Period for ARK 21Shares Bitcoin ETF

SEC Extends Review Period for ARK 21Shares Bitcoin ETF

The SEC has postponed its decision on the ARK 21Shares Bitcoin ETF till January 10, 2024, marking another delay in the approval process. Amid broader calls for swifter approvals, the SEC's meticulous review approach underscores the regulatory cautiousness enveloping cryptocurrency-based financial offerings.

South Korean Crypto Exchanges Reveal 'Compensation Reserve Funds'; Upbit Leads with KRW 20 Billion

South Korean Crypto Exchanges Reveal 'Compensation Reserve Funds'; Upbit Leads with KRW 20 Billion

The disclosure of 'Compensation Reserve Funds' by South Korean crypto exchanges, led by Upbit with KRW 20 billion, reflects the country's broader regulatory strides aimed at ensuring user protection, transaction transparency, and market discipline. This move aligns with the new regulatory framework set to be implemented in 2024, spotlighting the government's agenda to foster a robust infrastructure for digital assets, with the reserve fund mandate forming a cornerstone of this initiative.

Chainlink Whales are Growing as LINK Investors Increase, according to Santiment Study

Chainlink Whales are Growing as LINK Investors Increase, according to Santiment Study

New data by Santiment reveals that crypto wallets holding at least 1,000 Chainlink (LINK) grew by more than 445 in November.

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