Most Bitcoin Firms in El Salvador Are Inactive El Salvador made headlines earlier this year by becoming the first country in the world to adopt Bitcoin as legal tender. The move was hailed as a significant step towards mainstream acceptance of cryptocurrencies. However, recent data from the central bank of El Salvador has revealed a […]
Swiss shift to digital payments opens door for stablecoins
Swiss Embrace Digital Payments: A Doorway to Stablecoins Switzerland, known for its precision watches, impeccable chocolates, and picturesque landscapes, is now making a name for itself in the digital payment realm. Recent data has revealed that digital payments in the country have surged to represent 35% of all in-store purchases, surpassing cash transactions for the […]
Britain’s CMA sets roadmap for Big Tech regulation
Britain’s CMA Sets Roadmap for Big Tech Regulation In the ever-evolving landscape of technology, the role of regulators becomes increasingly crucial to ensure fair competition and consumer protection. Recently, the Competition and Markets Authority (CMA) in Britain has taken a significant step by setting a clear roadmap for the regulation of Big Tech companies. This […]
Kraken wins legal battle as SEC ends registration lawsuit
Kraken Wins Legal Battle as SEC Ends Registration Lawsuit In the ever-changing landscape of cryptocurrency regulations, a recent victory for Kraken, one of the leading cryptocurrency exchanges, marks a significant milestone for the industry. The Securities and Exchange Commission (SEC) has decided to end its registration lawsuit against Kraken, signaling a potential shift towards a […]
Singapore investigates alleged Nvidia chip smuggling
Singapore Investigates Alleged Nvidia Chip Smuggling The recent investigation into the alleged smuggling of Nvidia chips in Singapore has brought to the forefront the complex web of global tensions surrounding technology transfer restrictions between the United States and China. The case, which has captured the attention of industry experts and policymakers alike, underscores the challenges […]
Crypto and trade in focus as EU imposes new sanctions against Russia
Crypto and Trade Take Center Stage as EU Imposes New Sanctions Against Russia The European Union has once again made headlines by imposing new sanctions against Russia, extending the measures to include Belarus. Among the various restrictions put in place, one particular area of focus has been on cryptocurrency wallets and financial services. This move […]
Vance warns Europe against overregulating AI
Vance Warns Europe Against Overregulating AI Europe’s ambitions to regulate Artificial Intelligence (AI) have sparked a wave of controversy, with prominent figures like Vance issuing stark warnings about the potential consequences. As the region seeks to establish itself as a global leader in AI ethics and governance, concerns have been raised about the impact of […]
Macron calls for investment and simplified AI rules
Investment and Simplified AI Rules: Macron’s Call to Action In a bid to propel the European Union to the forefront of artificial intelligence (AI) innovation, French President Emmanuel Macron has issued a clarion call for increased investment and simplified regulations in the sector. The EU’s ambition to streamline processes and reduce bureaucratic hurdles aligns with […]
The BoF Podcast | Why India Will Not Be The Next China for Luxury
The BoF Podcast | Discussing Why India Will Not Be The Next China for Luxury In a recent installment of The Business of Fashion (BoF) Podcast, Ravi Thakran offered a compelling analysis on why India is unlikely to replicate China’s trajectory in the luxury market. This insightful conversation, which took place at BoF VOICES 2024, […]
India reconsiders crypto stance amid global policy shifts
India Reconsiders Crypto Stance Amid Global Policy Shifts Shifting global policies and growing domestic interest have prompted India to re-evaluate its cryptocurrency regulations. In recent years, the global stance on cryptocurrencies has been evolving rapidly, with many countries either embracing or cracking down on digital assets. This dynamic landscape has forced India to reconsider its […]