Cryptocurrency
Cryptocurrency
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South Korea's crypto bill makes headway as legislators approve the first review
First introduced in June 2022, the crypto bill in South Korea is expected to include various regulations for the crypto industry in the country
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ETH deposits equal the amount of third-round withdrawals post the Shapella Upgrade
The equal amount of ETH withdrawals and deposits in the third round post the Shapella upgrade indicates that most withdrawals might have been re-staked
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Dubai-headquartered Bybit to start KYC verification in May
All services and products of Bybit will require KYC verification henceforth as the exchange steps up to reduce risks associated with users' accounts
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French Financial Markets Authority plans to bring crypto firms under MiCA
The financial regulatory body for France, the French Financial Markets Authority, has been going through transition options for its crypto firms to MiCA
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Gemini Foundation to be launched as a crypto derivatives platform outside the US
Amidst a strict and uncertain crypto regulatory policy in the United States, the crypto exchange will launch the Gemini Foundation outside the country
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Salaries for Chinese city civil servants to be released in digital yuan
The new mode of salaries in digital yuan is to be rolled out in May and will include civil servants in Changshu
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Bank of Korea gets green signal to probe crypto firms
Bank of Korea, the central bank of South Korea, had been holding contradictory views for crypto to those of the Financial Services Commission (FSC)
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Ethereum Name Service includes fiat payment options for its protocol
Ethereum Name Service (ENS) domain registrations are now being possible through common fiat payment options like Google Pay, Apple Pay, and debit and credit cards
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Stability AI develops Stable LM, a new open-source language model
Touted as an alternative to ChatGPT, StableLM is a suite of language-model tools
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Chainstack launches subgraph hosted service after The Graph moves towards decentralization
Subgraphs is described by Chainstack as a solution that would enable access to web3 data through a seamless interface for nodes
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Danish firm Januar receives license for Payment Institution
Januar is responsible for providing financial services to crypto firms through International Bank Account Number (IBAN) infrastructure