Tag: blockchain

Peacock NFT: Is BitUtility Finally Bridging the Crypto Gap for Southeast Asia?

Peacock NFT: Is BitUtility Finally Bridging the Crypto Gap for Southeast Asia?

• Commentary

For too long, cryptocurrency felt like a far-off dream. It seemed like a dreamy sci-fi future, obscured by gobbledygook, exorbitant gas fees, and the idea that it was just for crypto nerds and Wall Street traders. What if that’s just about to change, particularly for the dynamic, innovative, start-up culture...

Crypto Regulation Incoming? Decoding the House's New Draft Bill

Crypto Regulation Incoming? Decoding the House's New Draft Bill

• Facts

Cryptocurrency is on the cusp of transformative change. The U.S. House of Representatives is in the midst of negotiating new legislation that would more clearly and comprehensively establish a regulatory framework for digital assets. Here’s our breakdown of the major provisions included in this draft bill. It takes a close...

5 Ways House Crypto Bill Could Unlock Southeast Asia's Creative Boom

5 Ways House Crypto Bill Could Unlock Southeast Asia's Creative Boom

• Commentary

The buzz around the House Republicans' draft crypto bill is deafening in the US, but I'm seeing something else entirely – a potential explosion of creative energy in Southeast Asia. Forget Wall Street giants for a minute. Think of the dynamic artists, musicians, and entrepreneurs producing amazing work in ASEAN...

House Republicans Unveil Draft Bill for Crypto Regulation

House Republicans Unveil Draft Bill for Crypto Regulation

• Regulation

House Republicans have released their own draft bill. This legislation would establish a federal framework for regulating cryptocurrency in the United States. This new proposed legislation is a positive step toward further clarifying an often-misunderstood digital asset market. Second, it will promote responsible innovation and fill current regulatory gaps. As...

The House Crypto Bill's Hidden Loophole That Could Gut DeFi

The House Crypto Bill's Hidden Loophole That Could Gut DeFi

• Commentary

House Republicans are pushing their newly-released draft crypto bill as a major inflection point. They argue that it provides long-overdue regulatory clarity to the digital asset space. However, buried underneath its seemingly benevolent provisions is a dangerous loophole. This loophole would by accident kill the decentralized finance (DeFi) industry as...

Web3 Freelancing's Secret Weapon Empowering Indian Artists Upwork Can't Match

Web3 Freelancing's Secret Weapon Empowering Indian Artists Upwork Can't Match

• Commentary

We all know it. Many of us have used it. But truthfully, for Indian artists, it’s usually like running a maze with a blindfold. High fees, delayed payments, and a constant battle for visibility – it's enough to crush the spirit of even the most talented creative. What if there...

Web3 Freelancing Gains Traction in India, Challenging Traditional Platforms

Web3 Freelancing Gains Traction in India, Challenging Traditional Platforms

• Web3 Projects

Third, India has an opportunity to leapfrog the Web3 freelancing trend, which could fundamentally change the dynamics of the country’s gig economy. Web3 platforms are still nascent, but they’re already addressing issues faced by Indian freelancers on legacy platforms. They assist in the fight against late payments and eliminate expensive...

Web3 vs. Upwork: Can Decentralized Freelancing Win in India?

Web3 vs. Upwork: Can Decentralized Freelancing Win in India?

• Facts

India is the 2nd largest freelance market in the world, after the US. It’s a vibrant landscape that’s ripe for major disruption in the world of online work. Just in 2023, Indian freelancers raked in more than $1 billion combined, underscoring their immense role in the worldwide gig economy. Platforms...

Crypto's Future is Now: 3 US Policies That Empower Emerging Artists

Crypto's Future is Now: 3 US Policies That Empower Emerging Artists

• Commentary

We stand at a pivotal moment. The groundswell of support for crypto in the new Congress – 250 in the House, 16 in the Senate – isn't just about numbers. It's about opportunity. It's about leveling the playing field for creators, especially those who've been historically marginalized by traditional art...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

ProCap's Billion-Dollar Bitcoin Bet: Genius Move or Regulatory Minefield?

ProCap’s billion-dollar Bitcoin play, made possible by taking the company public through a SPAC merger with Columbus Circle Capital, is nothing if not audacious. It's a statement. A great big middle finger, I suppose, to the established financial universe. Anthony Pompaliano, Bitcoin bull and crypto entrepreneur. He is taking a...

5 Ways MiCA Fuels Europe's Crypto Art Boom While US Stalls

Let’s face it, the crypto art world is booming. It’s a great sign that digital artists are getting their long-overdue recognition. They are establishing tangible careers, reaching audiences across the world in ways we could have never fathomed just years ago. Here's the thing: that explosion is happening much faster...

Crypto Confidence Scams: $225M Seized! Are You at Risk?

The crypto space is teeming with both innovation and opportunity. It obscures terrible risks, chief among them being confidence scams. Just last week, the U.S. government seized another $225 million in cryptocurrency. This is the largest-ever seizure of funds stolen through so-called “pig butchering” scams. In this article, we’ll look...

U.S. Attorney Aims to Recover Millions Lost in Crypto ‘Confidence Scams’

The U.S. Attorney’s Office recently filed a civil action targeting cryptocurrency investment fraud, seeking to recover funds lost by dozens of victims across the country. U.S. Attorney Jeanine Ferris Pirro joined other officials in announcing the dramatic action. This action comes in response to more than $225.3 million connected to...

Trump's Crypto Promises Ring Hollow As MiCA Steals The Show

Donald Trump speeding into the crypto lane now has all the makings of a not-so-subtle, last ditch effort to grab votes. He's saying all the right things, promising a crypto-friendly environment, but forgive me if I don't exactly rush out to buy a "Trump Coin" just yet. Words are cheap....

Coinbase Goes EU-Wide: MiCA License Secured in Luxembourg!

Coinbase has received an official Markets in Crypto-Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This pivotal move allows the cryptocurrency exchange to extend its services across all 27 member states of the European Union, potentially reaching a market of 450 million people. This license puts...