Helen Partz: The Data Center Industry and Blockchain Association of Kazakhstan are integrating Kazaksthan into the world blockchain ecosystem.
The Association is located in the REPUBLIC OF KAZAKHSTAN; ASTANA MANGILIK YEL AVE; PAVILION C 4.6,
ASTANA HUB BUILDING; 3RD FLOOR, OFFICE 34.
The Association will help financial institutions in the country who are registered with them to be able to participate in payment systems, startup development, financial instruments, cybersecurity, public services, and data centers industry, blockchain infrastructure development, and education and certification.
Reportedly, since 2018, the Association has been actively involved in writing the draft Law of the Republic of Kazakhstan, “On Amendments and Additions to Some Legislative Acts of the Republic of Kazakhstan on the Regulation of Digital Technologies” regarding the regulation of blockchain technologies, smart contracts, digital assets, and mining.
This pilot program will probably make it possible for cryptocurrency exchanges to deal with local banks comfortably. Banks are the bridge to help people convert their fiat to cryptocurrency.
Crypto mining is gaining increasing attention in Kazakhstan, but crypto trading is not yet legal in the country.
Samuel Haig: Leonardo da Vinci, Vincent van Gogh, Claude Monet, and Giorgione are big names in art, and reportedly “artworks are set to be tokenized,” and they will be put up for auction in the Binance NFT Market place. Very soon, the largest museums in the world will be tokenized.
Marie Huillet: GBM Global Holdings, Bitmart’s owner, wanted judicial intervention to prevent hackers from selling fake BSV. He has filed for a “pre-arbitration injunctive relief” to prevent Chinese hackers from making illicit transfers by using fraudulent Bitcoin SV on its platform.
GBM argued that “Defendants are foreign, impossible-to-identify hackers intent on fraud, there is almost no likelihood that they would pay a damage award. Short of receiving an injunction of already-identified, fraud-begotten cryptocurrency, there is no way for Petitioner to secure ultimate recovery.”
Previously, Marie Huillet: Four men in Japan’s Aichi Prefecture were running an allegedly fraudulent crypto investment scheme which requested investors that they will be able to reap returns based on artificial intelligence (AI)-led trading system.
About 20,000 Japanese investors were drawn into the scheme. The alleged scam resembled the “OZ Project.” They had dedicated team members who were holding seminars and briefing for participants. They have further encouraged participants to create a group for the investors in the popular messaging app LINE. Eventually, the group engaged in onboarding friends and relatives to the scheme.
Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9
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