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Gate.io terminates services for Japanese customers amid regulatory pressures

io halts Japanese operations due to FSA regulatory compliance demands. The exchange will assist Japanese customers in migrating to compliant exchanges. io’s shutdown timing in Japan remains unspecified as it removes Japanese content. Gate.io, a leading cryptocurrency exchange, has announced it will cease operations for Japanese customers due to regulatory challenges. The decision follows compliance […]

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Gate.io Announces Withdrawal From Japanese Crypto Market

One of the most well-known bitcoin exchanges worldwide, Gate.io, has decided to terminate all services available in Japan. Effective July 22, this retreat signals a dramatic change in the operational scene of the exchange. In an announcement Monday, the exchange revealed a compliance programme meant to help its Japanese clients migrate their assets to platforms […]

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What is Pixels? A 2024 Guide

What is Pixels? Pixels is about fun social activities, casual gameplay, and asset gathering. The game is set in a stylised 16-bit open world where players engage in various activities such as farming, exploring, and completing quests.  Players can also purchase farm land, allowing them to design an island for other players to explore, plant […]

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UAE Central Bank introduces new Stablecoin regulations

The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes while foreign stablecoins will only be permitted for purchasing specific virtual assets like NFTs. The new framework is set to […]

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Senators probe OpenAI on safety and employment practices

Five prominent Senate Democrats have sent a letter to OpenAI CEO Sam Altman, seeking clarity on the company’s safety and employment practices. The letter – signed by Senators Brian Schatz, Ben Ray Luján, Peter Welch, Mark R. Warner, and Angus S. King, Jr. – comes in response to recent reports questioning OpenAI’s commitment to its […]