Google expands AI development with new hub in France

    coingeek 2024-02-19 71536 views Trending
    ​Tech giant Google has confirmed plans to establish a research hub for artificial intelligence (AI) in France, continuing a trend for leading tech firms to set up innovation teams in European cities.

    UK’s digital pound faces trust concerns and political opposition

    coingeek 2024-02-18 54033 views Trending
    ​The erosion of financial privacy and loss of access to cash have been among the key concerns United Kingdom citizens have expressed regarding a digital pound. However, as a general election edges closer, politics are coming into play, with each faction treading a fine line between pushing the U.K. to financial technology leadership and appeasing the electorate.

    Bank of Russia onboards more commercial banks for digital ruble pilot

    coingeek 2024-02-07 49867 views Trending
    ​As the digital ruble pilot moves forward, the Bank of Russia has enlisted more commercial banks to join its central bank digital currency (CBDC) experiments.

    EU catches up with AI, leads blockchain adoption

    coingeek 2024-02-06 58399 views Trending
    In 2021, the European Commission presented its 2030 Digital Decade vision to the world. The ambitious program outlined plans to transform the region, ensuring 80% of citizens have basic digital skills, digitally transforming businesses, and shooting for universal gigabit connectivity, among other aims.

    Blockchain applications in music explored in South Korean study

    coingeek 2024-02-05 65187 views Trending
    ​A pair of South Korean researchers are exploring the intersection of blockchain technology and music in a new study assessing use cases and impacts for consumers and artists.

    AI-generated Biden impersonation hits New Hampshire

    coingeek 2024-02-04 75388 views Trending
    Artificial intelligence (AI)-generated disinformation around the 2024 presidential election has begun. In late January, New Hampshire residents were targeted by a robocall scam that used AI to mimic the voice of President Joe Biden, discouraging them from participating in the state’s primary election.

    Binance faces barriers in reestablishing UK presence: Bloomberg

    cointelegraph 2024-02-02 61399 views Trending
    Binance has reportedly been turned away by at least three Financial Conduct Authority-authorized partners since October.

    Bitcoin price stumbles after Fed dashes hopes for rate cuts in March

    cointelegraph 2024-02-01 51821 views Trending
    The price of Bitcoin dipped 2.5% after the Fed pressed pause on interest rates and dampened any hope of rate cuts next month.

    Visa enables crypto withdrawals on debit cards in 145 countries

    cointelegraph 2024-01-31 63659 views Trending
    MetaMask users can now sell crypto directly to a Visa card, which eliminates the need to use centralized exchanges.

    UAE sets up council to trigger AI development, innovation

    coingeek 2024-01-30 46531 views Trending
    ​The United Arab Emirates has launched an artificial intelligence (AI) council to lead the nation’s foray into the emerging ecosystem.

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

    coingeek 2024-01-29 40124 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 42194 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 78040 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 67259 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 74907 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 56383 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 77692 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 42595 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 32956 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 61482 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.

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