Portugal Halts WorldCoin’s Biometric Data Collection Amid Privacy Concerns

by Александр Пирогов | Apr 1, 2024 | Blog News

Portugal has imposed a temporary halt on WorldCoin, a project led by Sam Altman, from collecting biometric data, highlighting growing global concerns over privacy and data protection rights. WorldCoin aims to create a unique digital ID and financial network using...

Elon Musk’s X Platform Obtains Money Transmitter Licenses in 23 States, Plans Peer-to-Peer Payments

by Александр Пирогов | Mar 29, 2024 | Blog News

Elon Musk’s X platform has made significant strides since its acquisition in late 2022, securing money transmitter licenses from 23 states, including Louisiana, Michigan, Arizona, Wyoming, and Ohio. The platform, envisioned as an “everything app,”...

Derby College Introduces AI-Powered Virtual Mind Palace to Alleviate Exam Anxiety

by Александр Пирогов | Mar 29, 2024 | Blog News

Derby College, led by educator Glyn Pickering, has launched an innovative AI-driven platform called the Virtual Mind Palace to address exam anxiety and enhance students’ learning experiences. This cutting-edge system utilizes AI technology to simulate exam...

OFAC Escalates Enforcement Efforts, Tightens Grip on Russian Entities

by Александр Пирогов | Mar 29, 2024 | Blog News

The Office of Foreign Assets Control (OFAC) has intensified its enforcement actions by targeting individuals and entities in Russia’s financial services and technology sectors, particularly those involved in virtual assets, to prevent evasion of US sanctions....

Antitrust Lawsuit Against Apple Dismissed by U.S. District Judge

by Александр Пирогов | Mar 28, 2024 | Blog News

United States District Judge Vince Chhabria has dismissed an antitrust lawsuit brought against Apple by Venmo and Cash App customers over allegations of anti-competitive practices related to the California company’s Apple Cash product. The lawsuit, filed in...

Central Bank of Nigeria Shifts Stance, Defers Cryptocurrency Regulation to Securities and Exchange Commission

by Александр Пирогов | Mar 28, 2024 | Blog News

In a surprising turn of events, the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that cryptocurrency regulation falls under the purview of the Nigerian Securities and Exchange Commission (SEC), not the CBN. This marks a significant departure...