Friday, April 19, 2024
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Business Titan Charlie Munger Dies at California Hospital Aged 99

Berkshire Hathaway acknowledged the notable contribution and announced that Charlie’s family would handle all the affairs pursuant to his instructions. Titan investor and billionaire Charlie Munger has died at the age of 99  according to an official report from Berkshire Hathaway Inc Cl B (NYSE: BRK.B) on Tuesday. The famed businessman, who

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California governor calls for statewide generative AI training

California Governor Gavin Newsom has stressed the importance of people staying ahead of the curve in generative artificial intelligence (GenAI) by acquiring new skills and becoming acquainted with the emerging technology.As outlined in the report, there is a suggestion that residents of California should have access to educational and training

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California, Texas Among States Accusing GS Partners of Misleading Crypto Investors

"These investment schemes are often marketed as a unique opportunity to earn lucrative profits and secure generational wealth through blockchain technology, a metaverse, liquidity and staking pools, a tokenized skyscraper and digital assets purportedly convertible to physical gold," the Texas agency described in its emergency cease-and-desist order. Original Source

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California bill aims to cap crypto ATM withdrawals at $1,000 per day to combat scams

California legislators have proposed a new bill titled “Digital financial asset transaction kiosks,” calling for a cap on crypto ATM withdrawals of $1,000 per day in light of growing scams. Additionally, starting in 2025, the law would limit operators' fees to $5 or 15% (whichever is higher). The bill, if approved,

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California Governor Approves Stricter Crypto Regulation Bill for 2025 Implementation

Governor Newsom’s endorsement of the crypto regulation bill represents a significant departure from his previous stance. California’s crypto industry is bracing for significant changes as Governor Gavin Newsom signs off on a groundbreaking regulatory bill expected to revamp the state’s digital asset landscape. The newly approved bill, the Digital Financial Assets Law,

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California Gov. Newsom greenlights crypto regulation bill for 2025

California Governor Gavin Newsom has approved a cryptocurrency bill that enforces stricter regulations on businesses conducting crypto operations, set to begin in 18 months. In a statement published on October 13, Newsom declared that the bill titled the ‘Digital Financial Assets Law,’ will make it mandatory for both individuals and firms

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California Governor Gavin Newsom signs cryptocurrency bill

Governor Gavin Newsom of California has signed a bill that will regulate the state’s crypto sector and require digital asset companies to get licenses. According to Bloomberg Law, Newsom has enacted two significant crypto-related legislative measures. Today California is taking the necessary step to regulate a market that is volatile, risky, and,

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