Tuesday, March 19, 2024
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Progmat stablecoin platform takes shape as wallet, liquidity providers join

The Progmat Coin ecosystem is taking shape in Japan. With a market maker, wallet provider and cryptocurrency exchanges on board, Progmat and Mitsubishi UFJ Financial Group (MUFG) hope to launch two stablecoins in the summer of 2024.Stablecoin platform Progmat Coin, MUFG and wallet provider Ginco have begun a study with

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SEC Chair Gensler takes dig at lawyers advising crypto and defi projects

Gary Gensler alluded that cryptocurrency operators tapping legal consultants could be doing so due to their supposedly unlawful securities offerings. Gensler, Chairman of the U.S. Securities and Commission (SEC), reiterated skepticism regarding crypto service providers and their lack of compliance with existing financial laws overseeing the world’s largest capital market. Furthermore, the

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‘AI’ takes Collins dictionary word of the year, ‘debanking’ makes shortlist

Artificial intelligence, more specifically its abbreviation “AI,” was crowned word of the year for 2023 in the Collins dictionary, one of the world’s earliest English-language dictionary publishers.The Collins dictionary defines AI as “the modeling of human mental functions by computer programs.” The dictionary publisher described AI-powered language models as “bursting

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