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Long-time watchers of the crypto space are mostly positive on what SBF’s conviction means for the future. But long-time critics in Congress are readying to crack down further on the industry. Prosecutors outside the courthouse where Sam Bankman-Fried was convicted on Nov. 2, 2023. (Nik De/CoinDesk) With Sam Bankman-Fried’s conviction yesterday on seven counts of fraud in federal court, the...
Critics of President Biden's action wonder if innovation could be stifled. President Joe Biden yesterday delivered the long-awaitedExecutive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligenceaimed at potential threats posed by artificial intelligence (AI). "Artificial intelligence holds extraordinary potential for both promise and peril," read the order. "Responsible AI use has the potential to help...
The token is up more than four-fold in 2023 after starting the year at around $10. Solana price on Nov. 2 (CoinDesk) 10 Years of Decentralizing the Future Solana almost doubled in price over the past weeks, but gave up some of its gains Thursday. BitMex co-founder Arthur Hayes said he's been a buyer during the rush. Institutional inflows to...
The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange. 10 Years of Decentralizing the Future The Swiss National Bank (SNB) is working on a wholesale central bank digital currency (CBDC) pilot alongside the SIX Digital Exchange (SDX) and six commercial banks. The pilot,...
The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local partner. UK United Kingdom British England Flag (Unsplash) Binance's U.K. partneris not allowed to approve crypto ads, the local financial watchdog said on Tuesday, potentially derailing the exchange's attempts to comply with a new...
\The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. US consumer watchdog mulls applying e-banking laws to crypto The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. The top United...
The target audience is restaurant users, but the blockchain-based project comes with its own "Flypaper" and fungible FLY tokens. Blackbird's blockchain-powered restaurant-loyalty project comes with $FLY tokens. (Unsplash, modified by CoinDesk) Blackbird Labs, an app and loyalty program that's attempting to connect restaurants and their customers via its crypto-powered app, announced Wednesday it has raised $24 million in a series...
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