Regulatory crackdown: South Korea, Taiwan issue arrest warrants; Abra settles in Texas

    coingeek 2024-01-29 39591 views Trending
    Global regulators have ramped up their crackdown on rogue digital asset operators, with Taiwanese and South Korean authorities pushing to arrest the leaders of two virtual asset service providers (VASPs). In the United States, the Texas securities watchdog settled with a digital asset lender, which agreed to refund $1.8 million to Texan investors.

    Egypt eyes CBDC launch by 2030

    coingeek 2024-01-26 41652 views Trending
    ​The Central Bank of Egypt (CBE) is mulling over the prospects of rolling out a digital version of its currency to increase financial inclusion among its unbanked population.

    Jamaica to finance point-of-sale upgrades in CBDC push

    coingeek 2024-01-25 77483 views Trending
    ​Jamaica has pledged to invest millions of dollars in upgrading the country’s Point-of-Sale (PoS) equipment to handle JAM-DEX, 18 months after the central bank digital currency‘s (CBDC) launch.

    Thailand lifts restrictions on retail investment in digital tokens

    coingeek 2024-01-24 66748 views Trending
    ​Thailand is inviting investment into tokenized real-world assets, with the country’s securities regulator lifting an investment cap that limited retail investors’ involvement.

    Pro-crypto US presidential candidates quit, Trump to ‘never allow’ CBDC: Law Decoded

    cointelegraph 2024-01-23 74353 views Trending
    Vivek Ramaswamy and Ron DeSantis quit the U.S. presidential race, while Donald Trump promised to “never allow” a CBDC in the country.

    What are cryptocurrency hedge funds, and how do they work?

    cointelegraph 2024-01-22 55840 views Trending
    Hedge funds, named for their original purpose of hedging against market risks, gather funds from various investors to diversify across assets, aiming to mitigate market risks. A hedge fund is an investment fund where capital from various institutional and individual investors is combined and put toward a range of assets, including derivatives, stocks, bonds, commodities and foreign currencies, with the aim of optimizing returns.

    European Banking Authority extends anti-money laundering guidance to digital assets

    coingeek 2024-01-19 77139 views Trending
    ​The European Union banking watchdog has extended the bloc’s anti-money laundering (AML) guidelines to digital asset firms in the hope that it “harmonizes” the industry’s approach to fighting financial crime.

    IMF analyzes AI’s impact on global workforce

    coingeek 2024-01-18 42015 views Trending
    The International Monetary Fund (IMF) has released a report titled “Gen-AI: Artificial Intelligence and the Future of Work” that explores the impact artificial intelligence (AI) could have on the global labor market. The report begins by acknowledging AI’s potential to revolutionize the global economy and says the impact that AI is having on the world is akin to a new industrial revolution. However, the report quickly shifts its focus to the ramifications that a technology like this will have on the global labor markets.

    EU banking authority extends Anti-Money Laundering guidance to crypto

    cointelegraph 2024-01-17 32416 views Trending
    EU-based crypto firms are now subject to guidance from the banking watchdog in its “fight against financial crime.”

    The week the SEC finally approved spot Bitcoin ETFs: Law Decoded

    cointelegraph 2024-01-16 61002 views Trending
    Even Gary Gensler voted to approve the spot Bitcoin ETFs.More than a decade after the first application was filed, the crypto industry finally has spot Bitcoin.The decision by the SEC to approve a spot cryptocurrency ETF in the U.S. for the first time raised questions about the intentions of Gary Gensler, the commission’s chair.

    New Teranode features to push BSV blockchain’s capabilities beyond the limits

    coingeek 2024-01-15 74306 views Trending
    ​It’s time for the BSV Blockchain to start taking on giants like VISA and Mastercard . The Teranode development team today announced new design features that will give a major boost to the network’s efficiency and speed, pushing BSV’s capabilities to a million transactions per second and far beyond.

    Google wants to teach old AI chatbots new tricks through composition

    coingeek 2024-01-12 63719 views Trending
    Researchers at Google DeepMind and Google Research have proposed a new method to extend the capabilities of artificial intelligence (AI) models by interlinking them with other existing AI systems.

    Hong Kong researchers want to introduce AI, robotics to students

    coingeek 2024-01-11 62836 views Trending
    A group of Hong Kong-based researchers have unveiled a new framework to introduce the concept of robotics and artificial intelligence (AI) to young students amid rapid adoption rates of the emerging technologies. Based on five major principles, the framework is specifically tailored for K-12 education. According to a Phys.org report, the AI4K12 initiative is expected to be introduced to preschoolers, but children younger than six may need help to grasp the concepts.

    Blockchain use cases in planetary health explored in cross-disciplinary study

    coingeek 2024-01-10 78514 views Trending
    ​Researchers have upped the ante in their exploration of blockchain technology use cases in planetary health, with the report showing glimpses of promise for widespread utility.

    Nvidia new gaming chip for China complies with US export controls

    coingeek 2024-01-09 71049 views Trending
    ​U.S.-based chipmaker Nvidia has announced the launch of a new gaming chip tailored explicitly for Chinese consumers in a move designed to comply with stringent export controls laid by the U.S. government. Based on a Reuters report, Nvidia’s new chip will be available to consumers in mainland China in January after months of interfacing with U.S. authorities. Nvidia describes the GeForce RTX 4090 D as a “quantum leap in performance” enhanced with artificial intelligence (AI) capabilities.

    Temporal validity study unveils enhanced AI chatbot capabilities

    coingeek 2024-01-08 65982 views Trending
    ​Researchers at Austria’s University of Innsbruck have published a paper probing the application of temporal validity in generative artificial intelligence (AI) systems, stating that the benchmark could bring changes to the ecosystem.

    Revamped & Secure: Web 5.0-inspired AI Super Wallet Redefines Crypto Space

    coinwire 2024-01-05 50634 views Trending
    ​In the field of digital assets, which is constantly evolving, AI Super Wallet has distinguished itself as a pioneer by announcing its ground-breaking Web 5.0 initiative. Through its all-encompassing, one-stop cryptocurrency solution, the AI Super Wallet is bringing about a revolution in the handling of cryptocurrencies. It incorporates cutting-edge technology, decentralized applications (Dapps) and a wide range of conveniences

    Hong Kong consultation paper hints at new stablecoin regulation

    coingeek 2024-01-04 67909 views Trending
    Hong Kong regulators have signaled an intent to approve fiat-referenced stablecoins (FRS), launching a consultation paper to seek the opinion of industry players and the general public.

    Central Bank of Nigeria reverses ban on digital currency transactions

    coingeek 2024-01-03 36841 views Trending
    ​Nearly three years after imposing a blanket ban on digital currency transactions, the Central Bank of Nigeria (CBN) appears to be making a U-turn in a show of support for the asset class.

    India Targets Global Crypto Exchanges, Seeks URL Blocks

    coinwire 2024-01-02 44594 views Trending
    India’s Financial Intelligence Unit (FIU) has taken steps to block the URLs of several major global cryptocurrency exchanges, including Binance, KuCoin, Huobi, and others. This action comes in response to allegations of illegal operations and violations of Anti-Money Laundering (AML) regulations by these foreign virtual digital asset service providers.

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