Experts predict the global quantum computing sector will grow from about $930 million in 2023 to $6.5 billion by 2030, but some global markets may be better poised for growth than others.
Category: United States
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What’s next for Binance’s Changpeng “CZ” Zhao
According to the U.S. Sentencing Guidelines, CZ could receive a 12-18 month sentence, but the Department of Justice is willing to fight for a longer term.
Binance onboarded millions into finance but forgot the paperwork — Columbia professor
Binance settlement highlights banks’ and crypto firms’ ambiguous treatment, says Columbia Business School adjunct professor Omid Malekan.
Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation
Consensys senior counsel and director of global regulatory matters Bill Hughes spoke at the North American Blockchain Summit on crypto bills and their role in politics.
Alchemy bags money services license in Iowa, expands US services
The crypto-fiat payment services provider Alchemy Pay is expanding its presence in the U.S. as it acquired its money services license in the state of Iowa.
U.S. 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings
The suggested regulation would apply to attorneys and litigants without legal representation appearing before the court, obliging them to confirm that filings produced through the help of AI were assessed for precision.
Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance
Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.”
No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen
Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion.
Coinbase cites SEC action against Kraken in push for crypto rulemaking
The Nov. 22 letter claimed that “only mandamus will impel the [SEC] to fully, finally acknowledge that Coinbase’s petition for rulemaking was pocket-vetoed long ago.”
New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics
Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said.