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US Deputy Treasury Secretary calls for additional tools to sanction crypto firms

Wally Adeyemo, Deputy Secretary of the United States Treasury, said his department is looking into new sanctions tools to pursue bad actors in the crypto space, citing a recent settlement with Binance.In prepared remarks for the Blockchain Association’s Policy Summit on Nov. 29, Adeyemo said the U.S. Treasury had called

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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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Chinese president calls for unity on AI challenges and cyber development

Chinese President Xi Jinping addressed an audience on Nov. 8 at the World Internet Conference Summit in Wuzhen, China, calling for international cooperation on the risks posed by artificial intelligence (AI).Xi’s speech, pre-recorded and broadcast at the conference, stressed the need for “deepened” exchanges and cooperation to “jointly advance the

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Fidelity executive calls Bitcoin “exponential gold”

Fidelity Investments executive Jurrien Timmer compares Bitcoin to “exponential gold,” emphasizing its potential to surpass gold’s value in response to certain economic conditions. Fidelity Investments’ Director of Global Macro Jurrien Timmer offers a perspective that sees Bitcoin as an “exponential gold,” highlighting its potential to outpace the value increase of gold

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