Singapore Expands Regulation of Digital Payment Token Services

by Александр Пирогов | Apr 3, 2024 | Blog News

The Monetary Authority of Singapore (MAS) has announced amendments to the Payment Services Act (PS Act) to broaden regulation of digital payment token (DPT) service providers. The amendments, set to be implemented in stages starting April 4, will bring custodial...

Argentina Implements Legal Requirements for Cryptocurrency Exchanges

by Александр Пирогов | Apr 3, 2024 | Blog News

Argentina’s government has initiated measures requiring cryptocurrency exchanges to operate legally in the country. The Comisión Nacional de Valores (CNV), Argentina’s securities regulator, announced on March 25 that virtual asset service providers must...

Goldman Sachs Executive Refuses to Acknowledge Crypto as Investment Asset Class

by Александр Пирогов | Apr 3, 2024 | Blog News

Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Wealth Management, remains critical of cryptocurrencies, asserting that they do not constitute an investment asset class. Despite growing institutional interest in crypto, particularly from...

Settlement Reached in Lawsuit Over AI-Generated George Carlin Special

by Александр Пирогов | Apr 3, 2024 | Blog News

The Dudesy podcast and the estate of late comedian George Carlin have reached a settlement following a lawsuit over an AI-generated parody show titled “George Carlin: I’m Glad I’m Dead.” The special, which sparked controversy for unauthorized use of...

Hokkoku Bank Launches Japan’s First Deposit-Backed Stablecoin, Tochika

by Александр Пирогов | Apr 3, 2024 | Blog News

Hokkoku Bank, a regional financial institution in Ishikawa prefecture, has introduced Tochika, Japan’s first deposit-backed stablecoin. Users with a Hokkoku Bank deposit account and access to the Tochitsuka app can purchase and utilize this stablecoin....

AI and Blockchain to Drive Web3 Growth

by Александр Пирогов | Apr 3, 2024 | Blog News

Forbes emphasizes the pivotal role of artificial intelligence (AI) and blockchain in fueling the growth of Web3, the next iteration of the internet. The synergy between blockchain’s transparency and security features and AI’s data processing and predictive...