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Web3/Crypto News
Irina Heaver, a crypto lawyer at NeosLegal, said that banks have incurred over "$400 billion" in fines for compliance breaches and "caused the 2008 financial crisis," yet cryptocurrency is often labeled as a "scam."
Richard Teng, CEO of Binance, expressed optimism about the role of cryptocurrency in shaping the future financial services industry.
Italy has announced a decision to raise the Bitcoin capital gains tax from 26% to 42%.
Clara Chappaz, the newly appointed Secretary of State for Artificial Intelligence and Digital Technology, attended the France Numerique Ensemble event in Savoie, where she engaged with stakeholders focused on digital inclusion.
On October 2, the UAE Federal Tax Authority (FTA) announced key amendments to its VAT framework, following Cabinet Decision No. (100) of 2024.
ADAN, a European digital assets institution, has called for a regulatory pause to allow for preparation of Europe's Markets in Crypto-Assets (MiCA) regulations. The organization shared its statement on October 9 via the social media platform X.
Circle has announced that Native USD Coin (USDC) is now available on the Sui Mainnet, accessible to developers and users without the need for bridging. Circle Mint and Circle Application Programming Interfaces (APIs) have been fully updated to support USDC on Sui.
On September 18th, Vitalik Buterin, co-founder of Ethereum, said at the TOKEN2049 conference in Singapore that while blockchain technology has been around for over 15 years, it is only now reaching a level of usability that can drive mainstream adoption.
Clara Chappaz, Secretary of State for AI and Digital Technology, expressed her enthusiasm about discussing the challenges of AI and digital technology for France and Europe with members of French Tech. Chappaz shared her statement in a September 30 post on X.
ADAN, a European digital asset institution, has emphasized the significant commercial potential of Europe and highlighted that the Markets in Crypto-Assets (MiCA) regulation is now "a prerequisite for any company wishing to innovate in a secure environment." This statement was shared by ADAN in a post on September 25 on X.
Adan has announced the second edition of Fintech 3.0, scheduled to occur during French FinTech Week. The event will focus on expert discussions about Web 3's role in business. This announcement was made by Adan in a post on X dated September 30.
Chiliz announced that it offered "exclusive insights" about its "impact in Asia" and the opportunity to meet "football legend Fabio Cannavaro," while highlighting its efforts in "revolutionizing sports and entertainment" at Token 2049. Chiliz made this statement in a September 18 post on X.
Columbia Business School Adjunct Professor Austin Campbell marked the release of Binance co-founder Changpeng Zhao (CZ) from prison in the U.S. on Sept. 27 with a thread on X discussing the prevalence of fiat currencies in money laundering compared to crypto.
Kiln has announced the introduction of the Kiln Widget, designed to simplify the integration of earning capabilities for customers and partners. This new product enables platforms to launch a branded decentralized application (dApp) or seamlessly embed it into any web interface.
Circle, a digital asset and internet banking institution, said that platforms powered by blockchain and stablecoins such as $USDC are producing new financial platforms and innovation. Circle shared their statement in a September 6 post on X.
ADAN, a European digital asset and Web3 institution, said that the European Blockchain Convention will provide an opportunity to discuss policy, regulations, challenges, and the future of the Web3 sector in Europe. ADAN shared their statement in a September 17 post on X.
Eurite (EURI), a European-regulated stablecoin company controlled by Banking Circle, said it is compliant with "stringent EU standards." Eurite shared their statement in a September 11 post on X.
David Princay, President of Binance France, said that Eurite has quickly become one of the most traded stablecoins in the European ecosystem, signaling a step forward for blockchain innovation in Europe. Princay shared his statement in a September 6 post on X.
BBVA announced it is expanding its cryptocurrency custody and trading services to include USD Coin (USDC). This addition will benefit the bank’s institutional and individual account holders in Switzerland.
The European Crypto Initiative has announced a partnership with Nordicblock, a prominent Web3 network in the Nordic region.