Spain’s Banco de España Collaborates with Cecabank, Abanca, and Adhara Blockchain for CBDC Tests

by Александр Пирогов | Jan 6, 2024 | Blog News

Banco de España has selected its collaborators for central bank digital currency (CBDC) tests, partnering with Cecabank, Abanca, and Adhara Blockchain. This collaboration comes a year after the central bank issued an open call for participants. The CBDC program,...

“Universal Music Sues Anthropic Over AI-Generated Lyrics, Visual Artists Target Stability AI, Midjourney, and DeviantArt for Copyright Infringement”

by Александр Пирогов | Jan 6, 2024 | Blog News

Universal Music, the world’s largest music group, has filed a lawsuit against Anthropic, a rival of OpenAI, alleging that its AI-based platform Claude produces lyrics that are “nearly word-for-word” copies of copyrighted material. In a parallel...

Turkey’s Crypto Sector Leaders Discuss Draft of Cryptocurrency Law

by Александр Пирогов | Jan 5, 2024 | Blog News

On January 4, influential figures in Turkey’s cryptocurrency sector, including Tansel Kaya, Turan Sert, Devrim Danyal, Vedat Güven, and Nurullah Dündar, convened at Istanbul University to deliberate on the circulating draft of Turkey’s cryptocurrency law....

Republican Congressman Blaine Luetkemeyer Announces Retirement

by Александр Пирогов | Jan 5, 2024 | Blog News

Republican Representative Blaine Luetkemeyer of Missouri has announced his retirement, revealing in a post that he will conclude his term in December 2024. Luetkemeyer, who served as the chairman of the Financial Services Subcommittee on National Security, Illicit...

Bitcoin Rebounds Above $44,000 as Spot ETF Hopes Get Revived

by Александр Пирогов | Jan 5, 2024 | Blog News

Bitcoin has experienced a rebound, surpassing the $44,000 level following a recent plunge. The market sentiment, as indicated by the Crypto Fear & Greed Index, leans towards Greed with a value of 72. Grayscale and VanEck’s filings for spot Bitcoin ETFs have...

Taiwan’s Largest Crypto Exchange, ACE, Faces Criminal Investigation Over Fraud Allegations

by Александр Пирогов | Jan 5, 2024 | Blog News

ACE, Taiwan’s largest cryptocurrency exchange, is currently under investigation by Taiwan’s criminal police for fraud exceeding NT$1 billion. The probe focuses on the promotion and sale of cryptocurrencies referred to as ‘shitcoins,’ a term...