Bank of Korea Courts Samsung to Expand Offline CBDC Payments Research
Samsung and the Bank of Korea (BOK) have partnered to execute a new Central Bank Digital Currency (CBDC) research. Samsung Electronics confirmed its collaboration with...
US Debt Ceiling Negotiations Progressing, Biden Urges Bipartisan Agreement
Key Insights: The United States faces catastrophic default if the debt ceiling is not raised by June 1. Talks between Biden and McCarthy on debt...
Binance Stops Offering Services in Canada as CSA Implements New Crypto Regulations
The Canadian wing of Binance has decided to halt the operation as per new updates. The international cryptocurrency exchange has been facing issues with the...
China Rolls Out National Blockchain Center to Train more than 500000 Professionals
China has launched National Blockchain Center in Beijing. It is a research center directed toward Web3 industry development and progress. The research center has set...
Romania Launches AI-Powered Robot for Government Decision-Making
Key Insights: Romania's AI-powered robot Ion enhances democracy. Ion scours social media for insight into public opinion. The EU's AI Act provides guidelines for ethical...
Bittrex Applies for Chapter 11 Bankruptcy Protection, Weeks After SEC Files Charges
Bittrex has confirmed filing for Chapter 11 bankruptcy protection is a submission for the Delaware District Court. The provider of crypto exchange services estimates its...
AI Scrutiny Garners Steam as OpenAI CEO and IBM Executive Testifies Before Congress
The scrutiny of artificial intelligence (AI) is gaining steam in the US as experts drawn from IBM and New York University join OpenAI chief executive...
Hong Kong’s Central Bank Chief Warns About Strict Crypto Regulations
HKMA or Hong Kong Monetary Authority has shared its impression concerning cryptocurrency markets in the region. To this end, Eddie Yue Wai-man, the Chief Executive...
Ireland’s Central Bank Labels Bitcoin as a Ponzi Scheme
The cryptocurrency industry is facing issues on various fronts. However, the nascent technology has continued to move forward and make progress regardless of all the...
China’s Supreme Court Approves Digital Currencies to Settle Debt Payments
China implemented an exodus from its native crypto industry in September 2021. However, the regulators in the nation have continued to introduce more crypto-friendly legislature....