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...

Donald Trump Reiterates Opposition to Central Bank Digital Currencies at New Hampshire Rally

by Александр Пирогов | Jan 24, 2024 | Blog News

Former President Donald Trump reiterated his strong opposition to central bank digital currencies (CBDCs) during a rally in Laconia, New Hampshire. Trump emphasized that he would not allow the creation of a CBDC, considering it a dangerous threat to freedom that...

European ETF Fee War Escalates as Invesco and WisdomTree Slash Rates Post-U.S. SEC Approval

by Александр Пирогов | Jan 24, 2024 | Blog News

The competition-driven fee reduction trend witnessed in the U.S. spot Bitcoin exchange-traded fund (ETF) market has now extended to Europe following the recent approval by the United States Securities and Exchange Commission (SEC). Notably, leading asset managers...

Canadian Court Rules Emergency Law on Crypto for Truckers Protest Unconstitutional

by Александр Пирогов | Jan 24, 2024 | Blog News

The Federal Court of Canada has ruled that the emergency law invoked by the Canadian government to control funds and crypto supporting protesting truckers was unreasonable and unconstitutional. In February 2022, Prime Minister Justin Trudeau’s government froze...