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…

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…

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…

The ads will emphasize the financial innovations facilitated via crypto and raise awareness for Coinbase events and lobbying efforts. United States crypto exchange Coinbase is rolling out another national ad campaign in America focusing on the “critical” role that crypto will play in modernizing the global financial system. In a May 22 blog post, the…

The private seed phrases of Ledger users could be shared with governments if they are ordered to, but this is “not a real concern,” says CEO Paul Gauthier. Pascal Gauthier, the CEO of Ledger, has confirmed that the private seed phrases of users who opt into Ledger’s controversial new Recover upgrade could, in theory, be handed over…

The United State crypto ecosystem is facing a “void” of well-established and credible institutions, according to an analyst from ARK Invest. The United States risks losing its position as a leader in the cryptocurrency race against countries including the United Arab Emirates, Korea, Australia and Switzerland, warns ARK Invest analyst Yassine Elmandjra. ▪️Regulatory Uncertainty Around…