Authorities

Masverse Unveils Groundbreaking Blockchain Platform

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Time Stamp: April 23, 2024 9:36 AM - Modified On: April 23, 2024 - Published By:
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MasChain Ready to Democratise Blockchain Technology for Government, Enterprises and Industries KUALA LUMPUR, Apr 23, 2024 - (ACN Newswire) - Masverse Sdn. Bhd., a pioneering blockchain specialist company, today announced the launch of MasChain, a transformative platform designed to revolutionise the digital ecosystem for government, enterprises, and industries by enhancing the security and trustworthiness of transactions via Proof of Authority (PoA). [caption id="attachment_1883794" align="alignnone" width="1000"] [L-R] Chew Kian Kok, Chief Executive Officer of Masverse Sdn. Bhd.; Mr. Danesh Jothiprahasam, Head of Domestic Digital Investment of Malaysia Digital Economy Corporation (MDEC)[/caption]Leveraging

From Dominance to Compliance

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Time Stamp: December 3, 2023 1:04 PM - Modified On: December 3, 2023 - Published By:
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Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down

BANTgo and Verofax Team Up to Revolutionize E-waste Collection Through Tokenized Rewards

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Time Stamp: October 24, 2023 7:04 AM - Modified On: October 24, 2023 - Published By:
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DUBAI, Oct 24, 2023 - (ACN Newswire) - In an ambitious stride towards environmental sustainability, BANTgo and Verofax have announced a pioneering collaboration to enhance e-waste collection. The groundbreaking partnership seeks to galvanize the masses into responsible recycling by rewarding their endeavors with tokenized incentives. Verofax, was awarded the GITEX Supernova Web3 and Blockchain award, introduces its innovative technology to this eco-initiative. The venture encompasses the deployment of advanced smart bins explicitly designed for e-waste collection. These bins are equipped with a validation system to ensure accurate assessment of the

The Fight for Financial Freedom

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Time Stamp: July 10, 2023 5:30 AM - Modified On: July 10, 2023 - Published By:
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As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:36 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Crypto’s Moment of Truth

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Time Stamp: July 1, 2023 9:24 AM - Modified On: July 1, 2023 - Published By:
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In a pivotal moment for crypto, recent news that BlackRock and others such as Fidelity have filed for spot Bitcoin ETFs propelled BTC to a yearly high of just under $31,700. What does the arrival of these significant players mean for the future of crypto? For years, the prospect of a Bitcoin ETF approval in the United States has been shrouded in uncertainty. However, the tides are turning this time, as the involvement of industry giants like BlackRock hints at a higher likelihood of approval. Deniz, our CEO, echoes this

Paribus. Trust Less.

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Time Stamp: May 3, 2023 4:35 AM - Modified On: May 3, 2023 - Published By:
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One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Moonshine Inc. – New Demo Available Soon

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Time Stamp: February 10, 2022 10:14 AM - Modified On: February 10, 2022 - Published By:
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Klabater's distillation tycoon simulator has a demo opening up for a press preview on February 10th before joining Steam Next Fest on the 21st Warsaw, Poland | February 9th, 2022 - Klabater invites players to take a sip of Moonshine Inc. with the free demo, coming soon to Steam as part of Steam Next Fest (Feb 21 -28) and available now for Press Preview from February 10th! Leave the big city for the Appalachian mountains and step into a prohibition era story full of colorful characters to build an illegal