English News
Biden administration announces key AI actions after executive order
(Coin Telegraph)-31/01/2024The White House released a fact sheet with its key actions on artificial intelligence (AI) on Jan. 29, three months after the release of President Joe Biden’s executive order. Bruce Reed, the White House deputy chief of staff, convened the White House AI Council, comprising officials from a range of federal departments and agencies, to hear reports […]
ESMA Seeks Feedback on Reverse Solicitation and Crypto Classification Under MiCA
(Crypto News)-31/01/2024The European Securities and Markets Authority (ESMA), the top regulator of the European Union’s financial markets, has opened a feedback window, on guideline under MiCA regulation.The Markets in Crypto Assets Regulation (MiCA), which is due to take effect this year, is EU’s comprehensive crypto law. The legislation promises legal certainty, compliance challenges and global implications.On […]
Rep. French Hill Voices Optimism for Crypto Legislation Progress in 2024
(Crypto News)-31/01/2024U.S. House Representative and Financial Services Subcommittee on Digital Assets Chair French Hill (R-AR) has voiced optimism about the progress of cryptocurrency legislation in 2024.During an event hosted by the Foundation for Defense of Democracies on Jan. 29, Hill discussed the crypto legislation in the United States in the upcoming year, especially regarding the status of stablecoins and […]
US lawmakers press Meta over crypto and blockchain plans
(Coin Telegraph)-24/01/2024The United States congresswoman wants to know what Mark Zuckerberg’s Meta is planning to do with its five crypto-related trademark filings lodged with the USPTO.The United States House Financial Services Committee is putting pressure on Meta to open up about any blockchain or crypto-related plans it may have — given a total of five […]
Bitcoin-based ‘rival’ to modern stablecoins to emerge soon — CoinShares
(Coin Telegraph)-24/01/2024CoinShares analysts believe 2024 will be pivotal for Bitcoin in the stablecoin arena and that a successful project could even “rival the speed and cost” of modern stablecoins.A Bitcoin-based stablecoin may emerge in 2024 that could rival the speed and cost of other stablecoins in the industry, according to cryptocurrency investment firm CoinShares.“We anticipate […]
Trump ‘will never allow’ CBDC, gives ‘full credit’ to Vivek Ramaswamy
(Coin Telegraph)-24/01/2024Former President of the United States and current presidential candidate, Donald Trump, has once again mentioned the topic of central bank digital currencies (CBDCs), “giving full credit” to Vivek Ramaswamy, the former presidential candidate for the Republican Party who dropped out of race after a disappointing During the rally in Laconia, New Hampshire, on Jan. […]
BIS announces CBDC, tokenization projects for 2024
(Coin Telegraph)-24/01/2024The Bank for International Settlements 2024 program features six new projects exploring the issues of cybersecurity, fighting financial crime, CBDCs and green finance.The Bank for International Settlements (BIS) Innovation Hub will proceed to the second phase of its central bank digital currency (CBDC) privacy testing and launch a blockchain-based tokenization project in 2024. On Jan. […]
China Proposes Digital Yuan’s Accelerated Adoption in Beijing and Shanghai
(Crypto News)-24/01/2024China authorities have proposed new policies to accelerate the adoption of digital yuan in designated districts in Beijing and Shanghai.According to Xinhua, China State Council’s General Office has announced a comprehensive reform initiative for Shanghai’s Pudong New Area, scheduled to run from 2023 to 2027.China State Council Reform Plan for ShanghaiThis plan is focused on enhancing the area’s reform, […]