Saudi Arabia Joining BRICS Would Accelerate Chinese Yuan’s Use as Trading Currency, Says Professor
Professor Ashok Swain of Uppsala University’s Department of Peace and Conflict Research says Saudi Arabia…
Day: 6 May 2023
Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’
Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” economic consequences if…
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
The government of Kazakhstan has collected over $7 million in taxes this and last year…
How can AI be used to improve credit scoring?
AI can analyze data for accurate risk assessment, reduce bias, automate tasks and personalize the…
Will Biden’s plan to tax crypto mining reduce emissions? Critics say no
The tax is intended to reduce greenhouse gas emissions, electricity costs and local environmental pollution,…
New York AG’s office seeks additional authority over crypto firms
Under a bill proposed by New York Attorney General Letitia James, crypto exchanges could be…
Bitcoin price sets new May high above $29.5K as traders eye breakout
Bitcoin bulls slowly claw back lost ground on the road to a $30,000 rematch as…
Eligible Celsius users can withdraw all ‘Distributable Custody Assets’ following court approval
Certain Celsius users, largely those who only ever held funds in custody accounts, had previously…
Argentina’s central bank halts cryptocurrencies from payment apps
The ban is intended to reduce Argentina’s payment-system exposure to digital assets, said the monetary…
Tim Cook says Apple will weave AI into products as researchers work on solving bias
The Apple CEO said the company would “continue weaving” AI into its products as internal…
BNP Paribas teams up with Bank of China to promote digital yuan usage
The partnership will enable BNP Paribas China’s corporate clients to make payments using the digital…
US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls
Recent data reveals that while the banking industry in the U.S. is facing significant challenges,…
Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal
According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed…
Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles
The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars…