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Leaders of the Ministry of Industry and Trade, the Ministry of Public Security as well as the State Bank of Vietnam have concurred that operations of foreign exchange (forex) platforms are illegitimate, while cryptocurrencies are not methods of payment compliant with law in the nation. The statements were made during a regular government press meeting on Tuesday. According to Dao Minh Tu, Deputy Governor of the State Bank of Vietnam, foreign currency trading and derivative services can only be provided by licensed credit institutions and commercial banks. The central bank has not licensed any organization to run these services, Tu asserted. “The establishment of forex trading platforms is against the law and should be penalized accordingly,” he stated. In reality, these forex schemes are tempting new investors with promises of profit rates reaching as high as three digits. Due to the illegitimate nature of these platforms, investors will not be protected by law, Tu warned. … [Read more...] about Forex trading platforms against Vietnamese law: officials

Companies across blockchains are starting to use non-fungible tokens (NFT). Non-fungible tokens are used to verify unique items such as digital art and digital ownership. Now, Wilmington, DE-based digital rights management platform RAIR wants to use NFTs to manage digital rights. The company provides a blockchain-based digital rights management platform and middleware encryption to enable digital scarcity. It wants creators to be able to upload media such as video, books, music, source code, or art on the RAIR platform, stored inside a non-fungible token. Special feature Special report: How blockchain will disrupt business (free PDF) This ebook, based on the latest ZDNet/TechRepublic special feature, looks at how blockchain is shaking up the economy and changing the way individuals and enterprises conduct business. Read More Creators can license, own, and control the distribution of their content and make money on sales and royalties. RAIR says that … [Read more...] about New platform uses NFTs as a gateway for digital rights management

SINGAPORE: Singapore's 47th birthday on 9 August will be telecast "live" across MediaCorp's multiple platforms - from TV, radio, out-of-home to online. Viewers in Singapore can watch the National Day Parade's (NDP's) proceedings on Channel 5 and in high definition on HD5 from 5.20pm to 8.10pm. They can can also catch the action on Channel 8, Channel U, okto, Suria, and Vasantham from 5.50pm to 8.10pm. Viewers in Asia can see the NDP "live" on Channel NewsAsia International (CNAI) from 5.50pm to 8.10pm Singapore/Hong Kong time. MediaCorp's radio stations will cover the parade "live" over 938LIVE, Capital 95.8FM, Warna 94.2FM and Oli 96.8FM from 6.00pm to 8.00pm in English, Mandarin, Malay and Tamil respectively. Those on the move can also view the parade "live" on outdoor digital screens managed by MediaCorp -- at ION Orchard, Orchard Central, *Scape, Bugis Village and JCube -- from 5.20pm to 8.10pm. The "live" parade will also be beamed on 55-inch LED TV screens at 17 … [Read more...] about NDP 2012 will be telecast “live” across MediaCorp’s multiple platforms

After years of treating President Donald Trump’s inflammatory rhetoric with a light touch, Facebook and Instagram are silencing his social media accounts for the rest of his presidency. The move, which many called long overdue following Wednesday’s deadly insurrection at the U.S. Capitol, is also a reminder of the enormous power that social-media platforms can wield when they choose. Facebook and Instagram said Thursday they will bar Trump from posting at least until the inauguration of President-elect Joe Biden. A 12-hour lockdown of Trump’s account ended Thursday and the president used his restored account to post a video in which he acknowledged for the first time that his presidency will end soon. It remains unclear how the platforms will handle Trump once he leaves office and is no longer shielded from enforcement of most rules by his status as a world leader. And some critics saw the moves as cynical efforts by the companies to position themselves for a post-Trump future. … [Read more...] about Social platforms flex their power, lock down Trump accounts

A suspect charged with the death of a one-year-old boy in Georgia was found under his mother's bed when officers arrested him, according to reports. Jamarius Khalil Dixon, 19, was apprehended by officers after his girlfriend's baby boy Jayce Gibson was declared dead on February 24, 2021. The young toddler was rushed as an emergency to Macon's Coliseum Northside Hospital after his mother and Dixon said they had noticed Jayce had become unresponsive. Jayce's cause of death could not be determined at the time and an autopsy at the GBI Medical Examiners Office was scheduled for March 1, according to a statement released by Bibb County Sheriff's Office. Police were later alerted once the preliminary examination was complete and said they had been told their assessment found that Jayce "did not die of natural causes" and he had in fact suffered head trauma, prompting officers to launch a homicide investigation. A spokesperson for the Bibb County Sheriff's Office shared a statement on … [Read more...] about Georgia Man Charged With Toddler’s Death Found Hiding Under Mother’s Bed