427 registered crypto exchanges in Australia. Let that number sink in. It’s almost twice the amount of suburbs in their competitors Melbourne! Does that sound right to you? Does it feel right? So it sure doesn’t compute for me. Even as someone who has lived, eaten and breathed in the...
Despite the sunny surf beaches and casual lifestyle often associated with Australia, it’s a real hub of activity for crypto exchanges. According to new data, there are an unbelievable 427 registered crypto exchanges in the country Down Under. As the Australian Transaction Reports and Analysis Centre (AUSTRAC) is warning. Their...
AUSTRAC’s strong approach is much needed, to protect and improve the DCE landscape in Australia. They’re encouraging non-operational exchanges to deregister voluntarily, or else be deregistered through cancellations. 427 registered exchanges? Yikes, now that does sound like a fertile environment for nefarious deed. And nobody wants their hard earned money...
This Nike lawsuit… this one feels like a gut punch, huh? Not just to Nike, or even the NFT holders left with potentially worthless digital sneakers, but to the entire Web3 dream. We were sold on a new, democratized, decentralized future, a tech-driven new frontier of digital ownership. Rather, we’ll...
Colle AI , an AI-driven multichain NFT platform is creating the path. They’ve extended their XRP cryptocurrency solutions to supercharge cross-chain NFT creation and drive real-time asset management. This expansion aims to provide creators with more efficient and flexible tools for minting, transferring, and managing digital assets across multiple blockchains....
The Federal Reserve (Fed) and the Federal Deposit Insurance Corporation (FDIC) recently announced the withdrawal of previously issued guidance concerning banks' involvement with crypto-assets. The American Bankers Association (ABA) applauded the announcement. It withdraws a 2022 supervisory letter that called on state member banks to inform the Fed prior to...
The Federal Reserve has recently gone out on a limb. Its reverberations are rippling across the financial landscape, deeply affecting one of the most dynamic spaces, the burgeoning cryptocurrency industry. The Fed has rescinded its supervisory guidance letter to banks it supervises discouraging their participation in activities related to crypto-assets....
Did the Fed just open Pandora's Box? It certainly feels that way. The recent withdrawal of crypto guidance for banks – the rescinding of those 2022 and 2023 supervisory letters, the backing away from joint statements with the FDIC and OCC – screams one thing: the potential for a regulatory...
Forget the elitist art museums and their bouncers in black turtlenecks. For anime creators and fans alike, the future of art is being forged in the rapidly changing landscape of Web3. YOAKE’s second NFT drop, themed after “The Seven Deadly Sins,” acts as a powerful rallying cry for this thrilling...
Big brands are running scared from NFTs? Good riddance, I say. Let them. While Nike's facing lawsuits, Starbucks is shuttering programs, and PUMA’s gone radio silent, something beautiful is happening beneath the surface, especially here in Southeast Asia. That’s because they’re too busy staring at the spreadsheets and the quarterly...
