Sources close to Chinese officials say the draft rules for AI developers have been updated to include obtaining a license prior to releasing generative AI systems.
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How to actually spend your Bitcoin, Explained
Learn how to spend Bitcoin by directly paying merchants or using Bitcoin debit cards, as well as utilizing peer-to-peer platforms for transactions with other individuals.
Report: The crypto custody market reached $448 billion in 2022
Researchers cite a rise of interest in crypto staking, made possible by the Ethereum Merge and the appearance of non-fungible tokens (NFTs) as the major developments for custody market.
Bitcoin 'Burj Khalifa' fakeout repeats as BTC price spikes to $31K
BTC price gets a $31,000 boost, but like last week, Bitcoin bulls fail to hold it — is this classic "re-accumulation?"
Bitcoin ‘Burj Khalifa’ fakeout repeats as BTC price spikes to $31K
Bitcoin (BTC) staged a fresh breakout attempt into July 11 as the battle for yearly highs stayed hot.
BTC/USD 1-hour chart. Source: TradingView$31,000 reappears in BTC price “leverage crunch”
Data from Cointelegraph Markets Pro and TradingView showed BTC price briefly passing $31,000 before the July 10 daily close.
In a copycat move, seemingly with last week’s snap higher for inspiration, BTC/USD managed to approach resistance before momentum waned, subsequently falling back over $800.
Some form of continuation did set in thereafter, and at the time of writing, Bitcoin traded around $30,500.
For Michaël van de Poppe, founder and CEO of trading firm Eight, the overnight move had all the hallmarks of a “leverage crunch.”
UK FCA shuts down 26 crypto ATMs following coordinated investigation
The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017.
SEC is ‘wrongfully attempting’ to police crypto markets: Paradigm counsel
Rodrigo Seira has blasted the SEC for overstepping its jurisdiction in its case against crypto exchange Bittrex.
Multichain's ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious transactions and internal problems.
Brazil's CBDC pilot contains code that can freeze or reduce funds, dev claims
Pedro Magalhães, a blockchain developer who claims to have reverse-engineered Brazil's pilot CBDC has found code that would allow accounts to be frozen or drained at will.
Dubai crypto regulator suspends BitOasis crypto exchange license
BitOasis was the crypto exchange to get an operational license in Dubai, which has now been suspended by the local regulator for not meeting key conditions in time.
Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg Capital
Analysts predict that Bitcoin’s next pre-halving rally could begin in the next four months.
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
Chinese president shills CBDCs
On July 4, Xinhua News Agency, China’s state broadcaster, published a transcript of President Xi Jinping’s address to the Shanghai Cooperation Organisation Summit (SCO). The SCO is one of the world’s largest regional organizations for political, economic and security cooperation, and was established by China and Russia in 2001.
During the speech, President Xi welcomed Iran as a full organisation member, and praised the move for Belarus to join. He also talked up the importance of central bank digital currencies (CBDCs):
“The Chinese side proposes to expand the share of local currency settlements of SCO countries, expand sovereign digital currency cooperation, and promote the establishment of SCO development banks.”
In January, the People’s Bank of China reported that there were 13.61 billion digital yuan (e-CNY) CBDCs in circulation, representing around 0.13% of the monetary supply. Since then, the CBDC’s use has expanded to the country’s Belt and Road Initiative, various consumer airdrops, and as a means of payment for everyday transportation. However, experts have warned that despite the constant promotion, the currency has struggled to gain traction.
On July 10, local news outlet East Money reported that a SIM card linked to the e-CNY CBDC will soon be available to Chinese consumers. Because the e-CNY CBDC digital wallet is embedded in the SIM card itself, individuals can pay for their phone bills via a point-of-sale machine even if their phone has no power.
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
Chinese president shills CBDCs
On July 4, Xinhua News Agency, China’s state broadcaster, published a transcript of President Xi Jinping’s address to the Shanghai Cooperation Organisation Summit (SCO). The SCO is one of the world’s largest regional organizations for political, economic and security cooperation, and was established by China and Russia in 2001.
During the speech, President Xi welcomed Iran as a full organisation member, and praised the move for Belarus to join. He also talked up the importance of central bank digital currencies (CBDCs):
“The Chinese side proposes to expand the share of local currency settlements of SCO countries, expand sovereign digital currency cooperation, and promote the establishment of SCO development banks.”
In January, the People’s Bank of China reported that there were 13.61 billion digital yuan (e-CNY) CBDCs in circulation, representing around 0.13% of the monetary supply. Since then, the CBDC’s use has expanded to the country’s Belt and Road Initiative, various consumer airdrops, and as a means of payment for everyday transportation. However, experts have warned that despite the constant promotion, the currency has struggled to gain traction.
On July 10, local news outlet East Money reported that a SIM card linked to the e-CNY CBDC will soon be available to Chinese consumers. Because the e-CNY CBDC digital wallet is embedded in the SIM card itself, individuals can pay for their phone bills via a point-of-sale machine even if their phone has no power.
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
Chinese president shills CBDCs
On July 4, Xinhua News Agency, China’s state broadcaster, published a transcript of President Xi Jinping’s address to the Shanghai Cooperation Organisation Summit (SCO). The SCO is one of the world’s largest regional organizations for political, economic and security cooperation, and was established by China and Russia in 2001.
During the speech, President Xi welcomed Iran as a full organisation member, and praised the move for Belarus to join. He also talked up the importance of central bank digital currencies (CBDCs):
“The Chinese side proposes to expand the share of local currency settlements of SCO countries, expand sovereign digital currency cooperation, and promote the establishment of SCO development banks.”
In January, the People’s Bank of China reported that there were 13.61 billion digital yuan (e-CNY) CBDCs in circulation, representing around 0.13% of the monetary supply. Since then, the CBDC’s use has expanded to the country’s Belt and Road Initiative, various consumer airdrops, and as a means of payment for everyday transportation. However, experts have warned that despite the constant promotion, the currency has struggled to gain traction.
On July 10, local news outlet East Money reported that a SIM card linked to the e-CNY CBDC will soon be available to Chinese consumers. Because the e-CNY CBDC digital wallet is embedded in the SIM card itself, individuals can pay for their phone bills via a point-of-sale machine even if their phone has no power.
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.
Bitcoin has entered a civil war — Over ‘art’
The Ordinals Protocol is generating a circular digital economy where assets are priced, bought and sold via Bitcoin.
Arkham on-chain ‘Intel Exchange’ labeled ‘snitch-to-earn’ by Crypto Twitter
Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded.