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The European Union navigates #AI #regulations, focusing on safeguarding startups, addressing societal risks, especially #ChatGPT.

Marathon EU negotiations result in AI regulations agreement, involving Commission, Parliament, 27 countries, aiming for global #AI control. https://coinpedia.org/news/eus-bold-move-to-control-chatgpt-and-ai-industry/
🔵Top #CryptoNews of This Week #Cryptocurrency


1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.

2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.

3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.

4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.

5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.

6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.

7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.

8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.

9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.

🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.
Breaking: Hong Kong's Crypto Crackdown on Over the counter(OTC) #crypto outlets #CryptoNews

🔵As per Recent Press Release by DL News Hong Kong considers crackdown on #cryptotrading shops amid concerns over fraud and illegal activities.

🔵Proposed regulations would require licenses, local offices, and transparent transaction data from OTC shops.

🔵The initiative aims to subject OTC outlets to Anti-Money Laundering and Counter-Terrorist Financing Ordinance #regulations.

🔵Traders would need licenses, disclose ownership, while peer-to-peer trading remains outside regulatory scope.
Top #CryptoNews In Last 12 Hours

1️⃣ #Circle discontinues minting #USDC on Tron network to maintain trust, urges users to transfer holdings elsewhere.

2️⃣ Japanese #GameFi community seeks Liberal Democratic Party's help to address liquidity issues caused by strict #crypto #regulations.

3️⃣ #MicroStrategy's Michael Saylor plans to perpetually buy Bitcoin, deeming it superior to gold, real estate, predicting capital shift & has no plans to sell #Bitcoin holdings.

4️⃣ #Binance imposes USDT price cap in Nigeria to comply with local regulations, prompting traders to seek alternatives.

5️⃣ Japan's Financial Services Agency clarifies stance on #P2P crypto transfers, urging banks to prevent sender-receiver name discrepancies to curb fraud, emphasizing investor protection.