Cointelegraph By Amaka Nwaokocha
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Chamber of Digital Commerce opposes SEC’s overreach in Binance lawsuit
Cointelegraph By Amaka Nwaokocha - 0
The Chamber of Digital Commerce has aligned with various digital assets firms, associations, legal experts and legislators in a collective effort to challenge the Binance vs. U.S. SEC lawsuit. The blockchain trade association through the recently filed amicus brief seeks to thwart the SEC's endeavor to oversee the cryptocurrency...
European Banking Authority, ESMA issue crypto entity suitability guidelines
Cointelegraph By Amaka Nwaokocha - 0
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) on Oct. 20 jointly released a consultation paper featuring two drafts. These drafts encompass the assessment of the suitability of management body members and shareholders or members holding qualifying stakes in issuers of asset-referenced tokens...
Canon’s new technology competes with ASML in chip manufacturing
Cointelegraph By Amaka Nwaokocha - 0
Canon, the Japanese company recognized for its printers and cameras, unveiled a pivotal solution on Friday, Oct. 13, designed to aid in the production of cutting-edge semiconductor components.According to a report from CNBC, Canon's recently introduced "nanoimprint lithography" system represents the company's competitive response to Dutch firm ASML,...
The Nigerian Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, revealed on Friday, Oct.13, that the Federal Government intends to grant a sum of $6,444 (5 million naira) each to 45 artificial intelligence (AI) focused startups and researchers. This figure makes a total of $289,980 (225...
Ferrari will accept cryptocurrency payments for its luxury sports cars in the United States due to customer demand. The carmaker also plans to accept crypto payments in Europe.According to an Oct. 14 report from Reuters, Ferrari’s chief marketing and commercial officer, Enrico Galliera, confirmed the intentions of the...
Google has announced its commitment to protect users of generative artificial intelligence (AI) systems within its Google Cloud and Workspace platforms in cases where they face allegations of intellectual property infringement. This move aligns Google with other companies, such as Microsoft, Adobe and more, which have also made similar...
ProShares introduced a trio of Ethereum futures ETFs in the recent weeks. Presently, the company is gearing up to provide a distinctive offering.ProShares' Short Ether Strategy ETF (SETH) from the fund group is poised to commence trading shortly, following the debut of the initial Ethereum futures ETFs by...
Madeira announces creation of Bitcoin business hub for innovation
Cointelegraph By Amaka Nwaokocha - 0
President of the Regional Government of Madeira, Miguel Albuquerque, has announced plans to create a Bitcoin (BTC) business hub to drive regional innovation. The statement was made during a fireside chat with Prince Filip Karađorđević of Serbia on the second day of Bitcoin Amsterdam 2023.Karađorđević expressed interest in...
China has released draft security regulations for companies providing generative artificial intelligence (AI) services, encompassing restrictions on data sources used for AI model training.On Wednesday, Oct. 11, the proposed regulations were released by the National Information Security Standardization Committee, comprising representatives from the Cyberspace Administration of China (CAC),...
Ripple CTO seeks community consensus for XRPL AMM feature adoption
Cointelegraph By Amaka Nwaokocha - 0
Ripple chief technical officer (CTO), David Schwartz has advocated for XRP Ledger (XRPL) validators to support the automated market maker (AMM) feature, but only if there is consensus within the community.On X (formerly known as Twitter), Ripple's CTO initiated a discussion on the XRPL's AMM feature. In his...