Reuters – DIGIT INFO

Meta strikes its first AI news deal with Reuters: Report

DIGIT — Fri, 25 Oct 2024 14:31:31 +0000

Meta partners with Reuters in its first major AI news deal, bringing real-time Reuters content to its AI chatbot on platforms such as Facebook, Instagram and WhatsApp.

Go to Source

Brazil’s tax dept to summon info from foreign crypto exchanges: Report

DIGIT — Tue, 18 Jun 2024 23:38:11 +0000

The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax.

Go to Source

Zambia’s crypto regulation tests to be wrapped by June: Report

DIGIT — Thu, 13 Apr 2023 02:38:57 +0000

According to Zambia Tech Minister Felix Mutati, the country needs digital identities and other necessary digital infrastructures before it introduces crypto.

Go to Source

Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report

DIGIT — Sat, 01 Apr 2023 05:19:59 +0000

Investors pointed to Musk’s portrayal of “a fictitious financial expert” during a Saturday Night Live appearance, where he referred to Dogecoin as “a hustle,” as a reference point in the lawsuit.

Go to Source

Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

DIGIT — Thu, 16 Mar 2023 18:00:59 +0000

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal […]

Go to Source

Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations

DIGIT — Tue, 28 Feb 2023 19:36:50 +0000

Roughly 11 days ago, it was reported that Nishad Singh, the former director of engineering at FTX, was working with federal prosecutors to arrange a plea deal. On Tuesday, Singh pleaded guilty to criminal charges and stated, “I am unbelievably sorry for my role in all of this.” Singh Cooperating With Authorities in FTX Investigation; […]

Go to Source

Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’

DIGIT — Tue, 28 Feb 2023 19:00:21 +0000

According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards and failed due to financial difficulties last year. After the report published, […]

Go to Source

Binance US finally rolls out mobile payments service to US customers

DIGIT — Wed, 14 Dec 2022 06:19:38 +0000

Binance’s US arm has rolled out a feature for US customers called “Pay” which was launched by its global parent to users outside the US in 2021.

Go to Source

FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail

DIGIT — Wed, 14 Dec 2022 00:30:01 +0000

On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance offenses.” SDNY attorney Williams said that the case was not an issue of “mismanagement or poor oversight” but of “intentional […]

Go to Source

Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD

DIGIT — Tue, 13 Dec 2022 18:30:12 +0000

Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been investigating Binance, according to four people familiar with the matter. Moreover, while a number of crypto assets have risen […]

Go to Source