Bitcoin price recovery driven by growing US financial concerns
Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US
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UN’s COP26 climate change goals include emerging tech and carbon taxes
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.The 2021 United Nations Climate Change Conference (COP26), where I exhibited my art, took place in Glasgow, Scotland…

US wants to bring stablecoins onshore, Trump’s crypto czar says
Trump’s administration plans to regulate stablecoins and bring the market onshore, with a focus on US dollar-backed digital assets, according to crypto czar David Sacks.

Evidence in SEC suit includes 2022 testimony of Binance.US’ long silent ex-CEO
Catherine Coley left social media and the CEO job, but the SEC brought her in to testify the following year. Former Binance.US CEO Catherine Coley, who is transparently known as “BAM CEO A” in the suit against Binance filed by the United States Securities and Exchange Commission (SEC) on June 5, has kept a low…

Biden to discuss dangers of AI in San Francisco meeting with experts
The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco. 52 Total views 1 Total shares United States President Joe Biden will discuss artificial intelligence (AI) with a group of Silicon Valley experts on June 20 between campaign fundraising stops in California. The president will meet with…

South Korean Fintech Firm Launches ‘First’ Won-Backed Stablecoin
South Korea-based fintech firm BxB Inc. has launched the first supposed stablecoin backed by the Korean won, according to a press release shared with Cointelegraph on Jan 29.There was an initial beta soft launch of the coin on Airswap, a decentralized exchange platform, before the tokens were released on the global and Korean exchange, according…

Texas Court Orders Defendants to Pay $400K for Fraudulent Bitcoin Scheme
A Texas Federal Court has ordered two defendants to pay $400,000 for conducting a fraudulent scheme to solicit Bitcoin (BTC) from members of the public, the United States Commodity Futures Trading Commission (CFTC) announced on July 10.Judge Reed C. O’Connor of the U.S. District Court for the Northern District of Texas filed an Order and…

OpenAI CEO in ‘advanced talks’ for $100M Worldcoin funding: Report
“Existing and new investors” will contribute to the $100 million, according to someone familiar with the situation. OpenAI boss Sam Altman is reportedly in “advanced talks” of securing $100 million funding for Worldcoin, a project aimed at creating a collectively owned and globally distributed cryptocurrency.A Financial Times report published on May 15 cited sources with…

Tech giant Alibaba to roll out ChatGPT competitor AI
Tongyi Qianwen, the company’s AI chatbot, will be rolled out in the near future and integrated with Alibaba’s tech ecosystem. 569 Total views 2 Total shares Own this piece of history Collect this article as an NFTChinese e-commerce giant enters the global artificial intelligence (AI) race with its own version of a chatbot assistant. Alibaba…