July 6, 2024

The Quest for Artificial General Intelligence: Challenges and Market Realities

The pursuit of Artificial General Intelligence (AGI), machines capable of human-level reasoning, has become a focal point in the artificial intelligence (AI) industry. Despite ambitious investments […]
July 6, 2024

Taiwan Mobile Secures VASP License: Expanding into Cryptocurrency Exchange Market

Taiwan Mobile, the country’s second-largest telecommunications provider known as Taiwan Big Brother in Chinese, has obtained a Virtual Asset Service Provider (VASP) license from Taiwan’s Financial […]
July 6, 2024

Regulatory Scrutiny on Binance: Nigeria’s Stance on Cryptocurrency Transactions

Recently, the Central Bank of Nigeria (CBN) has taken a firm stance against Binance, a leading global cryptocurrency exchange, citing unauthorized banking services and currency conversion […]
July 6, 2024

Harnessing AI and Blockchain to Preserve African Languages: A Vision for Cultural Conservation

Lucky Uwakwe, Chairman of Nigeria’s Blockchain Industry Coordinating Committee (BICCoN), has underscored the critical role of artificial intelligence (AI) in safeguarding endangered African languages. In a […]
July 6, 2024

Federal Regulators’ Struggle with Cryptocurrency Banking: The Custodia Case

Donald Verrilli, former U.S. Solicitor General, has raised concerns over what he describes as aggressive attempts by federal regulators to exclude the digital asset industry from […]
July 6, 2024

Cryptocurrency Remittances Surge Amid Venezuela’s Economic Crisis

As Venezuela grapples with deepening economic turmoil marked by inflation, supply shortages, and sanctions, cryptocurrency remittances from abroad have emerged as a vital lifeline for residents. […]
July 6, 2024

Bitfinex to Refund Investors as El Salvador Hilton Hotel Venture Falls Short

Bitfinex Securities has announced plans to refund investors who participated in its Hilton hotel venture at El Salvador’s international airport. This decision comes after the project […]
July 6, 2024

Bitcoin ETFs See Surge in Inflows Post-Independence Day Dip: Institutional Confidence Prevails

Following Bitcoin’s recent price dip below $54,000 after the U.S. Independence Day, spot Bitcoin ETFs experienced a notable surge in investor inflows, indicating strong institutional confidence […]
July 6, 2024

Biden’s Veto on SAB 121 Faces House Vote: Impact on Cryptocurrency Custody and Regulatory Clarity

President Joe Biden’s controversial veto of Staff Accounting Bulletin 121 (SAB 121), which mandates SEC-reporting entities to record cryptocurrency holdings on balance sheets, is set to […]
July 5, 2024

Unraveling the FTX Scandal: Inside the $100 Million Political Funding Controversy

The cryptocurrency world has been rocked by scandal once again, this time with Sam Bankman-Fried, better known as SBF, and his involvement in a significant financial […]

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