WAO ART

South Korea's Financial Services Commission (FSC) has approved the Digital Asset Protection Foundation to enhance crypto asset safety. The foundation aims to protect users' assets in case of cryptocurrency exchange failures, addressing concerns from recent exchange closures.

Visa introduces the Visa Tokenized Asset Platform. The platform aims to integrate blockchain technology into banking, allowing the tokenization of assets like real estate and debt securities. Spanish bank BBVA collaborates with Visa to pilot the VTAP initiative on the Ethereum blockchain by 2025.

The SEC has delayed its decision on BlackRock and Bitwise Ethereum ETF options until November 10, 2024. The SEC stated it needs more time to assess the proposed rule changes. The delay also affects NYSE America LLC’s proposals for Bitwise and Grayscale Ethereum ETF options.

A16z has made its first investment in a "DeSci" project, backing decentralized biobank platform AminoChain. AminoChain aims to enhance medical data collection by utilizing blockchain technology for ownership and transparency. The platform connects medical institutions while ensuring patient privacy.

Alvopetro, a Canadian hydrocarbons company, aims to expand its exploration portfolio in Brazil. The company sees potential in blocks near its existing natural gas production in the Recôncavo basin. These assets are not part of Brazil's ANP open acreage program due to environmental licensing issues.

Kenya and Uganda are holding a three-day meeting in Nairobi to discuss cross-border peace and development. The agenda includes addressing the illegal flow of arms and ammunition. Maria Cherono from Kenya emphasized the goal of promoting peaceful coexistence and improving socio-economic conditions.

A trial of facial recognition technology in New Zealand grocery stores showed early success in reducing theft and violence. Concerns about the accuracy of facial recognition for minority populations, including Māori and Pasifika, are a key focus of the evaluation.