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Cryptocurrencies granted legal status in Turkey under new crypto law

July 3, 2024 coinpulsehq

Turkey legalizes cryptocurrencies, defining them as “intangible fixed assets.” SPK permission required for crypto organizations, with strict regulatory oversight. Severe penalties for unauthorized activities, enhancing market security and compliance. In a landmark move, Turkey has granted legal status to cryptocurrencies, redefining them as “intangible fixed assets” through a new regulation. The new law, which has […]

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Apple secures ‘observer’ seat on OpenAI board

July 3, 2024 coinpulsehq

Following Apple’s partnership announcement with OpenAI at WWDC last month, a new report reveals that the tech giant will secure an “observer role” on OpenAI’s board of directors. The new arrangement – set to take effect later this year – will see Apple’s long-time marketing chief turned Apple Fellow, Phil Schiller, representing the company in […]

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Cardano sets benchmark with early MiCA compliance

July 3, 2024 coinpulsehq

Cardano updates MiCA compliance indicators six months ahead of regulatory deadline. MiCA regulations focusing on stablecoins are already in effect since June 30. However, the broader MiCA regulations impacting crypto asset service providers are set to roll out in December. In a strategic move underscoring its commitment to regulatory compliance and sustainability, the Cardano Foundation, […]