South Korea’s lead party wants crypto disclosure laws to apply earlier: Report
    24 May 2023

    The proposed bill would require top government officials and lawmakers to declare all personal crypto holdings over $760. A new bill mandating South Korean lawmakers and high-ranking government officials to declare their cryptocurrency holdings is expected to take effect within the next two months, said the floor leader of the country’s ruling party. On May…

    Crypto should mimic TradFi rules: Global securities regulator IOSCO
    24 May 2023

    According to the U.S. SEC, IOSCO members together regulate more than 95% of the world’s securities markets. A major global securities watchdog, the International Organization of Securities Commissions (IOSCO), is working to help policymakers regulate cryptocurrency more effectively. IOSCO on May 23 released a set of crypto-related regulatory recommendations as part of a consultation report developed by…

    Solana integrates AI into blockchain, raises grants fund to $10M
    24 May 2023

    The ChatGPT plugin integrated into Solana is open source and can be downloaded from GitHub. On May 23, the Solana Foundation, a nonprofit dedicated to maintaining and developing the layer-1 Solana blockchain, announced that it has integrated artificial intelligence (AI) using a ChatGPT plugin developed by Solana Labs. As told by developers, the ChatGPT plugin is available…