Coinbase Wins Lawsuit: Court Rules Secondary Crypto Sales Not Securities Violation

by Александр Пирогов | Apr 8, 2024 | Blog News

Coinbase has emerged victorious in an ongoing lawsuit as the United States Court of Appeals for the Second Circuit ruled in its favor, confirming that secondary sales of cryptocurrencies on its platform do not violate the Securities Exchange Act. The ruling affects a...

Coinbase Secures Restricted Dealer License in Canada

by Александр Пирогов | Apr 5, 2024 | Blog News

Coinbase, a prominent cryptocurrency company based in the United States, has secured a restricted dealer license in Canada. This license allows Coinbase to officially operate in Canada in compliance with regulatory requirements. The process of acquiring this license...

Brazil Proposes New Taxation Scheme for Cryptocurrencies

by Александр Пирогов | Apr 5, 2024 | Blog News

Brazil is introducing a new taxation scheme for cryptocurrencies, to change the way these assets are taxed. Under proposed bill to be presented to the National Congress, cryptocurrencies would be taxed similarly to shares and capital instruments with variable exchange...

Elon Musk Seeks EU Approval for Grok AI, Eyes Global Expansion

by Александр Пирогов | Apr 5, 2024 | Blog News

Elon Musk is aiming to deploy his artificial intelligence venture, xAI’s chatbot Grok AI, in the European Union (EU), as part of his strategy to expand its global reach. Musk’s ambition aligns with the development of Grok 2, touted as a groundbreaking AI...

US and UK Partner to Pioneer AI Safety Studies

by Александр Пирогов | Apr 5, 2024 | Blog News

The United States and the United Kingdom have joined forces to lead safety trials for advanced artificial intelligence (AI) systems, marking a significant milestone in addressing concerns surrounding AI safety. The collaboration aims to develop robust evaluation...

PayPal Enables Cross-Border Transfers Using PYUSD Stablecoin

by Александр Пирогов | Apr 5, 2024 | Blog News

Global payment giant PayPal has announced that all users in the United States, except residents of Hawaii, will now have the ability to facilitate money transfers to friends and family abroad using USD converted from the PayPal USD (PYUSD) stablecoin. This move allows...