South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a … Read more

The Daily: 13% of Shoppers Would Buy Amazon Crypto, Wirex Adds Stablecoin

In Thursday’s edition of The Daily we feature a recent survey that shows 13 percent of shoppers would be happy to buy cryptocurrencies under the Amazon brand. We also cover a new stablecoin integration by crypto card provider Wirex and a token promoted on Coinbase Earn. Also Read: Abra Adds Stocks and ETF Investing to … Read more

Chinese Officials Express Concerns over AI’s Role in Military Weaponry

Any development in the technology industry seems to have people concerned these days. In the case of AI development, that isn’t entirely unfounded either. Chinese officials are growing more concerned over how much attention this technology is getting as of late. In fact, they feat this “AI boom” will accidentally start the next major war … Read more