OMGFIN Daily News

UK Government Plans to Regulate Fiat-Backed Stablecoins
The UK government has published an update to its plans to regulate fiat-backed stablecoins, aiming to facilitate and regulate their use in the country's...
Tue, 31 Oct, 2023 at 12:27 AM
News Media Alliance Accuses AI Developers of Illegally Scraping Copyrighted Material
The News Media Alliance (NMA) claims that AI developers heavily rely on illegally scraping copyrighted material from news publications and journalists to tr...
Wed, 1 Nov, 2023 at 12:19 AM
Dubai Regulator Issues VASP License to Crypto Wallet Backpack
The Dubai Virtual Assets Regulatory Authority (VARA) has granted a Virtual Asset Service Provider (VASP) license to the crypto wallet Backpack, allowing the...
Wed, 1 Nov, 2023 at 12:29 AM
Kenya to Launch Digital Identification System by December 2023
The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take a couple of months. The...
Wed, 1 Nov, 2023 at 12:34 AM
Hong Kong Continues Web3 Vision Despite Recent Crypto Exchange JPEX Scandal
The Hong Kong government remains committed to its Web3 vision despite a recent crypto exchange scandal involving JPEX. Hong Kong's Secretary for Financi...
Thu, 2 Nov, 2023 at 12:49 AM
AI and Real-World Assets Gain Momentum Amidst Sideways Crypto Market
As the crypto market experiences a prolonged period of sideways performance, discussions around cryptocurrency prices have waned. However, discussions surro...
Thu, 2 Nov, 2023 at 12:51 AM
Canadian MP Thanks Satoshi Nakamoto on Bitcoin White Paper Anniversary
On the 15th anniversary of the release of the Bitcoin white paper, Canadian Member of Parliament (MP) Joël Lightbound thanked Satoshi Nakamoto, the pseudony...
Thu, 2 Nov, 2023 at 12:53 AM
Dubai Financial Services Authority Recognizes XRP and Toncoin Tokens
The Dubai Financial Services Authority (DFSA) has recognized two additional tokens, XRP and Toncoin (TON), joining Bitcoin, Ether, and Litecoin as recognize...
Fri, 3 Nov, 2023 at 12:02 AM
Research Reveals Blockchain's Potential to Revolutionize Intellectual Property Licensing and Management
A recent research paper authored by Peter Yu, a professor at the Texas A&M University School of Law, explores the transformative potential of blockchain...
Fri, 3 Nov, 2023 at 12:05 AM
Survey Highlights Musicians' Caution and Curiosity About AI in Music Creation
A recent survey of over 1,000 musicians across the United Kingdom, United States, and Germany by private music studio Pirate reveals that artists in the mus...
Fri, 3 Nov, 2023 at 12:07 AM