Russian Crypto Mining Industry Association Criticizes Proposed Electricity Tariff Hike for Miners

by Александр Пирогов | Jan 25, 2024 | Blog News

Russia’s largest crypto mining industry association, the Industrial Mining Association (APM), has expressed strong opposition to the Russian Ministry of Energy’s plans to increase electricity tariffs for miners. The ministry proposes a two to fivefold...

AXS Partners with Triple-A to Enable Cryptocurrency Payments for 550 Services in Singapore

by Александр Пирогов | Jan 25, 2024 | Blog News

Singapore’s AXS, supported by DBS Bank and Tower Capital Asia, has joined forces with cryptocurrency firm Triple-A to introduce cryptocurrency payments for various services. Users in Singapore can now pay bills using Bitcoin (BTC), Ethereum (ETH), Tether (USDT),...

U.S. National Science Foundation Launches AI Research Pilot Program with Collaboration from Tech Giants

by Александр Пирогов | Jan 25, 2024 | Blog News

The U.S. National Science Foundation (NSF) has unveiled the National Artificial Intelligence Research Resource (NAIRR), a collaborative initiative involving 25 private, nonprofit, and charitable organizations, along with 10 federal agencies. The program aims to...

UAE President Establishes Artificial Intelligence Council to Drive Technological Advancements

by Александр Пирогов | Jan 24, 2024 | Blog News

The President of the United Arab Emirates (UAE) and ruler of Abu Dhabi, Sheikh Mohamed bin Zayed Al Nahyan, has issued a law creating the Artificial Intelligence and Advanced Technology Council (AIATC). Tasked with developing and implementing AI policies, the council...

US Treasury Imposes New Sanctions on Crypto Transactions Linked to Hamas

by Александр Пирогов | Jan 24, 2024 | Blog News

The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has introduced a new round of sanctions against networks and facilitators involved in crypto transactions associated with the Palestinian militant group Hamas. This action,...

SEC Faces Challenges in Legal Battle Against Crypto Exchanges: Judges Skeptical of Inconsistent Token Classification

by Александр Пирогов | Jan 24, 2024 | Blog News

In recent federal court hearings involving lawsuits against major crypto exchanges Coinbase and Binance, the United States Securities and Exchange Commission (SEC) has encountered skepticism from judges regarding its inconsistent definition of crypto tokens in...