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The European Union debit card provider for Cryptopay has lost its Electronic Money Institution (EMI) license, according to a June 22 email sent to its customers. The company recommends to EU cardholders that they should immediately spend or transfer funds from their cards. Funds held in the app’s accounts are
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied This week’s recent dip in bitcoin (BTC) and binance coin (BNB) prices can be attributed to the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, which is the largest cryptocurrency exchange in
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Crypto exchange Binance.US has attempted to quell possible unrest from its users following a motion from the United States securities regulator seeking to freeze its assets “on an expedited basis.”In a June 6 tweet, Binance.US reiterated that “user assets remain safe and secure" and added the platform “continues to be
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When the U.S. government sanctioned coin mixer Tornado Cash, many thought it might spell the end for illicit crypto mixing services. But they’re back — and with a glossy new institutional sheen and legit use cases to help
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Ledger believes the service will help attract customers turned off by crypto's unforgiving self-custody ethos. But critics wonder whether the concept is compatible with a real hardware wallet. Source
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sponsored The cryptocurrency industry has faced significant regulatory challenges in recent years, with the SEC and CFTC taking action against various projects, including sending Wells notices to Coinbase. Amidst this regulatory landscape, the concept of sovereignty and international law has become increasingly important for crypto investors and innovators. The idea
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Economist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed sets interest rates too low and prints a lot of money … it unleashes massive inflation, creates tremendous economic imbalances that result in financial crises and
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The National Science Foundation also announced a $140 million investment in seven new AI research centers. The US government, through the office of Vice President Kamala Harris, met with CEOs of companies leading in AI development on May 4th. The meeting aimed to discuss the risks and potentials associated with
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The United Kingdom is buckling down on its efforts to ramp up the country’s technology sector. Officials released an announcement for funding of a new artificial intelligence (AI) task force. According to the announcement on April 25, the U.K. prime minister and technology secretary will be doling out 100 million British pounds ($124.8
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A dozen European Union (EU) politicians have signed a letter calling for the “safe” development of artificial intelligence (AI) as Google's CEO cautioned against releasing powerful AI tech before society has had a chance to adapt.An April 16 open letter shared on Twitter by EU Parliament member, Dragoș Tudorache, called
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