UK regulator scrutinizes Big Tech's role in AI industry
Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance.
Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance.
SEC actions have made developers fearful that their code may end in prosecution. Are smart contracts with immutable code the way to protect themselves?
Lazarus group first surfaced in 2009, and since then, it has primarily targeted crypto firms, stealing billions of dollars worth of assets.
The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited.
Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.
Bank of America (BofA) forecasted that the USD/CNY exchange rate is expected to increase, projecting a rise to 7.35 by the second quarter of 2024 and reaching a peak of 7.45 by the...
According to Foresight News, Brazil's digital bank, Nubank, has announced its support for cryptocurrency deposits and withdrawals. The bank's customers can now use the Nubank application to send and receive Bitcoin, Ethereum, and Solana. Nubank has also revealed plans to extend support to more tokens in the near future. This move by Nubank is a significant step towards the integration of cryptocurrencies into mainstream banking services in Brazil. It also reflects the growing acceptance of digital currencies worldwide. However, the bank has not yet specified which additional tokens it plans to support in the future. This announcement by Nubank is expected to encourage other financial institutions to consider integrating cryptocurrency transactions into their services.
UBS adjusted its forecast for the USD/JPY currency pair, citing the strength of the US dollar as a key factor. The firm increased its quarter-end predictions for the pair to...
UBS revised its forecast for the USD/PLN currency pair, citing recent changes in the Federal Reserve's interest rate outlook and escalating tensions in the Middle East. The Swiss...
Bank of America reported a bullish sentiment toward the US dollar among investors following a series of meetings. The bank noted that the combination of Federal Reserve repricing...