Trump-Backed Crypto Project Receives $100 Million Investment In a move that has raised eyebrows and sparked controversy, a crypto project backed by former President Donald Trump has recently secured a whopping $100 million investment. While this influx of funding has undoubtedly bolstered the project’s prospects, it has also reignited concerns among lawmakers regarding Trump’s financial […]
EU urged to pause AI act rollout
EU Urged to Pause AI Act Rollout The European Union has been at the forefront of regulating artificial intelligence (AI) technology with the proposed AI Act. However, recent concerns have surfaced regarding the potential negative impact of the act on general-purpose AI development in Europe. Critics argue that the act’s missing frameworks could stall innovation […]
Japan plans crypto reclassification and ETF access
Japan’s Strategic Move: Crypto Reclassification and ETF Access Japan, known for its technological advancements and progressive approach towards cryptocurrencies, is making headlines once again with its latest proposal by the Financial Services Agency (FSA). The new FSA proposal aims to reclassify cryptocurrencies to attract both retail and institutional investors by reducing capital gains taxes and […]
South Korea to investigate crypto exchange fees
South Korea to Investigate Crypto Exchange Fees South Korea, known for its progressive stance on technology and innovation, is once again making headlines in the cryptocurrency world. The Financial Services Commission (FSC) has announced its plans to delve into the world of crypto exchange fees, aiming to ensure fair practices and protect investors in this […]
Senate passes the GENIUS Act to regulate stablecoins
Senate Passes the GENIUS Act to Regulate Stablecoins The United States Senate recently made a groundbreaking decision by passing the GENIUS Act, a significant piece of legislation aimed at regulating stablecoins. This move comes in response to the growing popularity of stablecoins in the digital currency market and the need to establish clear guidelines to […]
French lawmakers push Bitcoin mining to absorb surplus nuclear power
French Lawmakers Advocate for Bitcoin Mining to Utilize Surplus Nuclear Power The intersection of cryptocurrency and sustainable energy practices is becoming increasingly relevant in today’s world. Recently, French lawmakers have taken a progressive stance by pushing for the regulation of Bitcoin mining as a means to absorb the country’s surplus nuclear power. This initiative not […]
Vietnam legalises crypto under new digital technology law
Vietnam Legalizes Crypto Under New Digital Technology Law Vietnam has taken a significant step in the world of digital technology by legalizing crypto assets under a new law that sets regulatory standards for their usage. The move not only brings clarity to the previously ambiguous status of cryptocurrencies in the country but also paves the […]
Czech Bitcoin scandal forces minister to resign
Czech Bitcoin Scandal Forces Minister to Resign The world of cryptocurrency has once again found itself at the center of controversy, this time in the Czech Republic. The recent scandal involving a staggering $45 million worth of Bitcoin has not only shaken the financial markets but has also led to the resignation of Pavel Blažek, […]
Google DeepMind chief urges smarter AI regulation
Google DeepMind Chief Urges Smarter AI Regulation At the recent SXSW London event, Demis Hassabis, the CEO of Google DeepMind, delivered a compelling message regarding the future of artificial intelligence (AI). Hassabis emphasized the critical importance of implementing more intelligent regulations as the concept of Artificial General Intelligence (AGI) edges closer to becoming a reality. […]
Thailand advances satellite rules
Thailand Advances Satellite Rules: A Game-Changer in Global Connectivity and Spectrum Management Thailand has recently made significant strides in satellite regulation, a move that is poised to revolutionize global connectivity and establish new standards for spectrum management in the digital era. This bold step by the Southeast Asian nation has the potential to reshape the […]