EU AI Act comes into effect — Here’s what to expect
The European Union’s AI Act takes effect on Aug. 1, introducing significant regulations for artificial intelligence through phased implementation and key compliance obligations. Go to Source
Month: July 2024
India’s Web3 alliance tightens cybersecurity after Wazirx attack
The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance. Go to Source
Grayscale’s GBTC ‘spin-off’ Bitcoin Mini Trust goes live on NYSE Arca
After launching its spot Bitcoin ETF in January 2024, Grayscale now diversifies its offering with a “spin-off” spot Bitcoin ETP. Go to Source
$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country. Go to Source
Russian Diplomat: El Salvador Proposes Settling Trade With Crypto
El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation has reportedly expressed interest in joining the BRICS bloc and may formally apply for membership within one or two years. Ukraine-Russia Conflict Echoes in Central America El Salvador has proposed settling trade with Russia using cryptocurrency, … Read more
CryptoProcessing Demonstrates the Potential of Crypto Payments for Forex
In a trailblazing twist that promises to transform the foreign exchange market, CryptoProcessing is proud to offer the integration of cryptocurrency as a payment gateway for Forex transactions. This solution aims to enhance the speed, security, and cost-efficiency of Forex payments, paving the way for a new era in global finance. As the world’s largest … Read more
BlackRock battles Bitwise as new Ethereum ETFs struggle to gain traction
While Bitcoin ETFs saw positive momentum at launch, Ethereum ETFs struggle with significant outflows, indicating differing investor sentiment and regulatory impacts. Go to Source
Wisconsin unveils tracker to fight crypto fraud and investment scams
The Wisconsin Department of Financial Institutions aims to protect investors from crypto and investment fraud with a new scam tracker based on consumer complaints. Go to Source
How Liquid Restaking Tokens are revolutionizing DeFi
The total value locked in liquid restaking tokens rose over 8,300% since the beginning of 2024. Go to Source
BTC price lower highs keep Bitcoin bears in control at $70K
Bitcoin continues to print lower highs on the daily chart since the BTC price all-time highs in March. Go to Source