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Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure

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The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024.

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Coin Market

Zoom adds ‘proof of human’ badges to show you’re not a deepfake

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Sam Altman-backed World has rolled out biometric verification badges for Zoom enterprise users, aiming to combat AI deepfake impersonation and fraud.

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South Korea to meet crypto exchanges amid calls for tax delay

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Finance officials are reportedly set to meet major crypto exchanges on Tuesday, days after a lawmaker introduced legislation that could push the tax’s start date back two years.

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Coin Market

Qubic freezes chain after attacker drains 1.4K wallets with weak seeds

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Qubic says 87.1% of the stolen funds remain onchain and the rest were frozen at crypto exchange MEXC, as network validators prepare to vote on a recovery plan.

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