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APAC’s Web3 and AI dream — Is it the real deal?

The Asia-Pacific region has key potential to lead in Web3 and artificial intelligence innovation.

Opinion by: J.D. Seraphine, founder and CEO of Raiinmaker

APAC has captured global attention as a region and is establishing itself as a trailblazer in crypto and Web3 adoption, with India, Vietnam and Indonesia leading the pack. As this momentum builds, a pressing question looms: Is APAC on the brink of shaping the future intersection of Web3 and artificial intelligence, or is the dream just too lofty to realize?

Asia’s technological journey is as complex as it is compelling. The region is home to vibrant digital economies and a dynamic developer base. Fragmented regulatory environments and infrastructure gaps continue to pose formidable challenges. With solid policy foresight, a growing developer base, high market adoption and rapid innovation, APAC’s potential to merge the power of Web3 and AI can redefine the global digital landscape as we know it.

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Nigeria’s Blockchain Boost: SEC Explores Tech to Revolutionize Capital Markets

Nigeria’s Blockchain Boost: SEC Explores Tech to Revolutionize Capital MarketsThe Nigerian Securities and Exchange Commission is exploring the use of blockchain technology to build trust in capital markets. Bridging the Trust Gap The Nigerian Securities and Exchange Commission (SEC) is exploring the use of blockchain technology to build trust in capital markets. According to Director-General Emomotimi Agama, harnessing this technology is key “to bridging […]

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a16z sees ‘greater flexibility to experiment’ with crypto under Trump

Legal and policy experts from the crypto arm of a16z are confident that “the future of crypto in the US is bright.” 

The crypto arm of venture capital firm Andreessen Horowitz (A16z) said that there will be  “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States.

“While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before adding that this means that “where there is trust, there is regulation” still applies.

A16z Crypto legal and policy experts Miles Jennings, Michele Korver, and Brian Quintenz shared their positive outlook for crypto regulations in a blog post on Nov. 10, days after Donald Trump’s presidential election victory on Nov. 6.

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SEC’s Mark Uyeda has strong chance of becoming next chair — Lawyer

The SEC’s “Crypto Mom” Hester Peirce is unlikely to replace Gary Gensler as the new chair, crypto lawyer Jake Chervinsky said.

As Donald Trump prepares to take office as president of the United States in January 2025, the cryptocurrency community is speculating on the most likely candidates to lead the US Securities and Exchange Commission.

Mark Uyeda, an SEC commissioner, is seen as a strong candidate for the role, according to crypto attorney Jake Chervinsky in an X post on Nov. 6.

Commissioner Uyeda is known for criticizing the crypto regulatory approach by current SEC Chair Gary Gensler, having in October called his policies a “disaster for the whole industry.”

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Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority

Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal AuthorityRipple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing the regulator’s authority over XRP futures. The case adds to […]

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Blockchain Expert: Clearer Regulations Can Boost AI and Web3 Adoption

Blockchain Expert: Clearer Regulations Can Boost AI and Web3 AdoptionArtificial Intelligence and Web3, are powerful technologies which when combined can create smarter and more decentralized systems, Mario Casiraghi, the co-founder of Singularity DAO, has asserted. Although both technologies have developed separately, Casiraghi argues that their combined strengths can help address limitations like centralized control and data inefficiencies. Clearer Regulations Could Boost AI and Web3 […]

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COPA, Unified Patents Partner to Fight Crypto Patent Trolls

COPA, Unified Patents Partner to Fight Crypto Patent TrollsThe Cryptocurrency Open Patent Alliance has partnered with Unified Patents to launch Blockchain Zone, an initiative aimed at combating patent trolls in the crypto industry. The partnership seeks to protect blockchain and related technologies from unwarranted patent assertions by non-practising entities. COPA and Unified Patents believe these “patent trolls” hinder innovation and stifle the growth […]

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Crypto.com Unveils AI-Powered SDK for Blockchain Developers

Crypto.com Unveils AI-Powered SDK for Blockchain DevelopersCrypto.com has introduced a new artificial intelligence (AI) tool designed to aid developers in integrating natural language capabilities with blockchain functions. The new software development kit (SDK) aims to streamline development within the Web3 ecosystem by enabling easier interactions with Crypto.com’s services and blockchain protocols. AI Meets Blockchain: Crypto.com’s Latest Tool for Developers According to […]

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Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’

Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study by key financial regulators seeks to balance defi’s growth with oversight, ensuring the sector’s competitive edge and resilience […]

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