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A UK court has ruled that individuals and entities can now be served legal documents via NFTs

The High Court of England and Wales has allowed Fabrizio D'Aloia, founder of Italy-based online gambling company Microgame, to file a lawsuit via an NFT drop. The ruling will enable legal proceedings against otherwise anonymous persons through their ...

Financial Stability Board publishes global regulatory framework for crypto assets

The Financial Stability Board (FSB) issued a regulatory framework for crypto-asset that is based on the principle of 'same activity, same risk, same regulation'. The proposed regulatory framework takes into account the lessons learned from the events...

Hearing on Libra cryptocurrency in front of the U.S. House Committee on Financial Services

On July 17, Facebook's main person for the blockchain development, and the CEO of the Facebook subsidiary Calibra, David Marcus testified in front of the US House Committee on Financial Services. Title of the hearing was: 'Examining Facebook's Propos...

Possible disruption in bitcoin payment system

The bitcoin.org website announced the possible disruption in bitcoin payment system starting from July 31. On Tuesday, August 01, from 02:00 CEST bitcoin blockchain will start running alternative core clients with ability to increase number of transa...

US Treasury Secretary depicts Libra as a national security issue

In a press conference held on July 15, US Treasury Secretary Steven Mnuchin said Facebook's proposed digital currency, Libra, "could be misused by money launderers and terrorist financiers" and that it was a "national security issue." Earlier this mo...

Major hack of Japan's cryptocurrency exchange affected around 50.000 users

In a reported security breach cryptocurrency exchange Bitpoint Japan Co. lost 

Samsung joins blockchain based ID authentication project partnership

South Korean tech company Samsung joined forces with major South Korean banks, mobile operators, and blockchain companies, to develop an online authentication solution based on blockchain technology. Companies agreed on testing the system that would ...

Ripple wins partial victory in SEC lawsuit

A federal judge in the US District Court for Southern New York ruled partly in favor of Ripple, cryptocurrency company, in its lawsuit against the US Securities and Exchange Commission (SEC), stating that programmatic sales of XRP were not securities...

Experts discuss AI, innovation, and collaboration at Central Asian Security Forum

At the Central Asian Security and Cooperation Forum, experts discussed new technologies, AI, and human capital. They emphasised cooperation in innovation, AI development, ethics, and regulation. The panel highlighted the economic potential of AI inve...

US trademark, patent and copyright offices to examine the impact of NFTs on intellectual property rights

The U.S. Copyright Office and the U.S. Patent and Trademark Office will explore the impact of NFTs on intellectual property rights after the formal request from U.S. Senators Patrick Leahy and Thom Tillis. The joint study comes amid recent controvers...

EBA insist on voluntary guidelines for stablecoins amid concerns from emerging economies

The European Banking Authority (EBA), the banking watchdog of the European Union, has requested that stablecoin issuers adhere to voluntary guidelines to manage risks and safeguard consumers as it released its first set of measures for public consult...

Central African Republic launches crypto initiative Sango