Crypto under greater focus in 99% of companies: Paxos survey
Fifty-six percent of survey respondents said that the complexity of implementation is the largest hurdle to launching a crypto solution. Go to Source
Month: December 2023
US dollar hits 4-month low as Bitcoin trader predicts 10% drop to come
Bitcoin stands to enjoy further relief if its standard relationship to DXY weakness holds firm, as the dollar shrinks on Fed “pivot” bets. Go to Source
Brazil signs its overseas crypto tax bill into law
Under the new taxes, Brazilian citizens will pay up to 15% of profits from crypto to the state. Go to Source
Ripple issues white paper on CBDCs, reiterates belief in their potential
The white paper states that CBDCs help expand financial inclusion, streamlining cross-border payments and reinforcing monetary policy control. Go to Source
U.S. financial regulators’ annual report warns of AI risks
According to the report, specific AI tools are highly technical and complex, posing challenges for institutions to explain or monitor them effectively. Go to Source
Solana phone sales skyrocket as degens scramble for pumped-up BONK
At current prices, the free BONK airdrop for Saga owners stands at $877, making it — at least temporarily — a “phone that pays for itself.” Go to Source
Even the Pope has something to say about artificial intelligence
The explosion of artificial intelligence this year hasn’t escaped the Vatican, with Pope Francis warning of its dangers in a hefty 3,400-word letter ahead of the World Day of Peace on Jan. 1. Go to Source
Gensler hints Grayscale ruling forced SEC to take ‘new look’ at Bitcoin ETFs
The SEC chair could be softening his stance on Bitcoin ETFs following the Grayscale court victory, but if so, he hasn’t admitted it outright. Go to Source
SafeMoon falls 31% in five hours after filing for Chapter 7 bankruptcy
The Safemoon token nosedived following the firm filing for bankruptcy but has regained slightly since. Go to Source
a16z reveals lobbying plan: Throw money at tech-forward politicians
Ben Horowitz, one of the firm’s founders, has pledged to support any politician that helps push crypto and AI technology forward. Go to Source