Indonesia Fails To Transfer Crypto Oversight From Trade Ministry To Financial Services Authority

Indonesia’s plan to shift crypto asset supervision from the Commodity Futures Trading Agency (Bappebti) under the Trade Ministry to the Financial Services Authority (OJK) has yet to materialize. The transition, mandated by the Financial Sector Law, was expected to be completed by January 12, 2025, but progress has stalled due to the absence of supporting … Read more

China Enforces Stricter Crypto Monitoring to Curb Illegal Transactions

China’s foreign exchange regulator has imposed stricter controls on cryptocurrency-related activities, requiring banks to monitor and report high-risk trades. The State Administration of Foreign Exchange (SAFE) mandates that banks track foreign exchange behaviors linked to underground banking, cross-border gambling, and illegal crypto transactions. These measures compel banks to assess the identity, funds, and frequency of … Read more

What is BIO Protocol? Revolutionizing Biotech Through Decentralized Science (DeSci)

BIO is a curation and liquidity protocol for DeSci, designed to accelerate biotechnology. It empowers global communities of patients, scientists, and biotech experts to collaboratively fund, develop, and own biotechnological projects and intellectual property (IP). The team behind BIO previously launched Molecule, a platform for tokenizing early-stage biomedical projects, and VitaDAO, the largest decentralized community … Read more