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regulatory framework for virtual digital assets (‘VDAs’). Under his leadership, India has embraced technology to an unprecedented degree and has been able to convince other nations in setting global standards for development of digital public infrastructure. It is thus no surprise that he recognises the transformative potential of Web3 technologies and has urged the global community to focus on adoption, democratization and developing a unified approach which benefits all. VDAs are a key element of Web3 technologies. They are fundamental to the functioning of public blockchains as they create incentives and disincentives for network participants to engage with the blockchain, productively and honestly. In order to facilitate the adoption and democratization of Web3 technologies, it is imperative to focus on VDAs. To achieve this objective of adoption, democratization and developing a unified approach for Web3, with its intrinsically global nature, there is an immediate need for countries to come together and build a common regulatory approach. This approach has to be guided by the following principlesStandard taxonomyAs a first step, it is imperative to map nuances of the VDA ecosystem, identify all players involved, and develop a common global taxonomy for it. This would help in eliminating confusion and streamline communication among regulators, industry participants, and investors, leading to a more coherent global policy environment. Currently, the vocabulary being used in various jurisdictions differ, creating confusion which may lead to regulatory disparities.

Amidst the turbulent cryptocurrency market, Bitcoin now trades at $25,900, reflecting a 1.75% decline on Saturday. 

Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), one of North America's leading digital asset and bitcoin mining pioneers, has announced further developments regarding its proposed all-stock merger with U.S. Data Mining Group, Inc., also known as US Bitcoin Corp (USBTC). The resulting entity from this merger will be christened «Hut 8 Corp.» and will be based in the U.S.

On November 30, 2022, Onlyfans' Ethereum (ETH) holdings had a book value of $11.43 million. On that day, the price of ETH was approximately $1,270, suggesting that Onlyfans held around 9,000 ETH. The purchase cost of these holdings was calculated to be $19.889 million, indicating an average purchase price of $2,210 per ETH.

The US Department of the Treasury and the Internal Revenue Service (IRS) have jointly issued proposed regulations aimed at enhancing transparency and compliance in the digital asset sector. These regulations are set to mandate brokers to report sales and exchanges of digital assets conducted by their customers.

Chairman of the House Financial Services Committee, Patrick McHenry, has publicly voiced his concerns over the Notice of Proposed Rulemaking on digital asset reporting requirements issued by the U.S. Department of the Treasury and the Internal Revenue Service (IRS). The proposed regulations, which were announced on August 25, 2023, are part of the Infrastructure Investment and Jobs Act.

In response to growing speculation surrounding a recently posted photo, Paolo Ardoino, CTO of Tether and Bitfinex, took to Twitter to clarify matters. The image in question showcased a container bearing the «Tether Energy» logo, leading to a myriad of questions and theories. Some tabloids questioned the site's authenticity, while others speculated if Ardoino had digitally superimposed the logo onto the container.

According to  G lobeNewswire, BIGG Digital Assets Inc. (BIGG) has formalized its intent to acquire all outstanding shares of TerraZero Technologies Inc. not already under its umbrella. The transaction, with an estimated valuation of approximately $20 million, is set to be facilitated through an issuance of around 62 million common shares of BIGG.

Apple has endorsed a California Senate bill that would require large companies to report the levels of greenhouse gases they emit every year, the senator proposing the measure said, making it the latest major company to do so. «Throughout our environmental journey, we've emphasized the importance of measurement and reporting to help us understand our impact,» said the letter, signed by Apple's director for state and local government affairs D. Michael Foulkes, a copy of which Senator Scott Wiener posted on Thursday to X, formerly known as Twitter.

Joe Biden and Indian prime minister Narendra Modi are expected to announce the project as a part of the Partnership for Global Infrastructure Investment. The project, which is in line with president Biden's middle east strategy, will enhance connectivity, de-escalate conflict, and provide a counter for China's 'Belt and Road' initiative. This project, which will push commerce, energy trade, digital connectivity, high standards, will be executed in a transparent, non-coercive and sustainable way, Finer added.

Modi was identified as the leader of 'Bharat' at theG20 Summit that began on Saturday as he made his opening remarks at the beginning of the two-day meeting. The name card in front of Modi as he addressed the gathering at the Bharat Mandapam, the venue of the Summit, said 'Bharat'. The government has used 'Bharat', a name used in the Constitution for the country along with India, in several official G20 documents. A dinner invite sent to G20 delegates and other guests was addressed by the 'President of Bharat', a move which ignited a political row with opposition parties claiming the government is trying to drop 'India' from the country's name.

Roblox plans to launch its immersive digital worlds platform on Sony's PlayStation devices in October, giving it access to the hundreds of millions of people who use the world's most popular gaming consoles. Roblox will also make its app fully available on Meta's Quest mixed reality devices this month after rolling out a test version in July. That version was downloaded more than a million times within five days, the company said in a blog post.

China's Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride-hailing firm emerged from a regulatory crackdown and demand rebounded with the end of strict COVID-19 restrictions. Didi posted a net loss of 300 million yuan, the company said in a statement on Saturday.

Joe Biden and his allies intend to unveil a proposal on Saturday that outlines a shipping route linking India to the Middle East and potentially extending to Europe. This development could have a significant impact on global trade and is set to be announced during the Group of 20 summit. As reported by AP, the suggested agreement for a shipping and railway transport corridor would encompass the United States, India, Saudi Arabia, the United Arab Emirates, the European Union, and additional G20 nations, as confirmed by Jon Finer, the deputy national security adviser to the president.

Sovereign Gold Bond (SGB) tranche will open for subscription on September 11 and will close on September 15, 2023. The Reserve Bank of India (RBI) has kept the settlement date of this tranche of Sovereign Gold Bond Scheme 2023-24 Series as September 20, 2023.

International Cricket Stadium in Colombo, Sri Lanka. If you're planning to catch the action from the comfort of your home, tune into the Star Sports Network for live broadcast.

OpenAI, Andrew Hopkins of Exscientia, Nancy Xu of Moonhub, Kate Kallot of Amini, Pelonomi Moiloa of Lelapa AI, Jack Clark of Anthropic, Raquel Urtasan of Waabi, Aidan Gomez of Cohere and more are among in the list. Moreover, the list also features 41 women and nonbinary individuals, which includes CEO & co-founder of Humane Intelligence Rumman Chowdhury; cognitive scientist Abeba Birhane; COO of Google DeepMind Lila Ibrahim; General Manager of the Data Center and AI Group at Intel Sandra Rivera; chief AI ethics scientist at Hugging Face Margaret Mitchell; Stanford professor Fei-Fei Li; artist Linda Dounia Rebeiz; artist Kelly McKernan; Margrethe Vestager, Executive Vice President, European Commission; Anna Eshoo, Representative, US Congress; Sneha Revanur, Founder and President, Encode Justice; Verity Harding, Director of the AI & Geopolitics Project, Cambridge University; Sarah Chander, Senior Policy Advisor, European Digital Rights; Nina Jankowicz, Vice President, Centre for Information Resilience; Elham Tabassi, Associate Director of Emerging Technologies, NIST among others.

Elon Musk,on Friday, legally challenged recent social media laws implemented in California. The new laws require social media companies to reveal their policies for policing disinformation, harassment, hate speech and extremism. X Corporation's Elon sued California government over the law that aims to bring transparency and extremism.

Sovereign gold bond: The Reserve Bank of India (RBI) declared Sovereign gold bond September 2023 price on Friday at ₹5,923 per gram. The next tranche of the scheme is opening for subscribers on 11th September 2023 i.e. on Monday next week.

G20 Summit today, with the participation of numerous global leaders and dignitaries, it is imperative to delve into the summit's agenda and objectives. This high-profile event has attracted the presence of over 30 heads of state, alongside prominent officials from the European Union and guest countries who have been extended invitations.

G20 Summit 2023 LIVE Updates: As Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina held a bilateral talk in New Delhi on Friday, the two countries also signed three memorandum of understanding (MoUs), including one on cooperation in Digital Payment mechanisms.Meanwhile, US President Joe Biden arrived in the national capital Delhi on Friday to participate in the G20 Summit to be chaired by Prime Minister Narendra Modi. US President Biden, along with Janet Yellen, went for a closed-door meeting with PM Modi on Friday, after the former arrived in India.The Quad, comprising India, US, Japan and Australia, has been focusing on practical cooperation to ensure a free and open Indo-Pacific in the backdrop of China's increasing military muscle-flexing in the region.The 18th G20 Summit is being held at the state-of-the-art Bharat Mandapam Convention Centre in New Delhi on September 9 and 10.A Leaders Declaration will be adopted at the conclusion of the New Delhi Summit.Check all the latest updates on the G20 Summit 2023 at Mint's LIVE blog:German Chancellor Olaf Scholz arrived in New Delhi today to attend the two-day-long G20 Summit which is being held under India's Presidency.He was received by Union Minister of State for MSME, Bhanu Pratap Singh Verma at the airport.A group of dancers also presented a traditional dance to welcome the German chancellor.In May this year Prime Minister Narendra Modi had met the German Chancellor Olaf Scholz and reviewed the progress in bilateral relations and exchanged views on regional developments and global challenges.The two leaders met on the sidelines of the 49th summit of the Group of Seven (G7) in the Japanese city of Hiroshima in May recently.