Category: Regulation

Artificial Intelligence: a Curse or a Blessing

Artificial Intelligence is rapidly changing the environments of just about everything – from translation to speech recognition to jobs to decision-making processes. AI, with its thousands of promised benefits, is positioned to affect just about every business around the globe. But with all the hype surrounding what AI can automate and relieve human beings from

Binance to Invest $15 Million in Bermuda as Crypto Regulations Advance

While some governments say they see the potential future benefits of a local cryptocurrency hub, more proactive jurisdictions are already reaping the rewards. The latest example comes from Bermuda, which is rapidly advancing its receptive crypto regulations and strengthening the local economy.   Also Read: Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for

Iran Continues to Develop State Cryptocurrency Despite Central Bank Ban

Iran has been developing its own cryptocurrency, a project which has yielded an experimental local crypto, despite the country’s central bank banning banks from dealing with cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light on the project, commented on its alleged use to evade sanctions, and clarified the central bank’s action. Also read: Yahoo!

Vive la France! Bitcoin Tax Slashed by Republic

According to Le Monde, France’s State Council of taxation has announced a severe lowering of financial penalties on gains from cryptocurrencies such as bitcoin. The agency is signaling crypto tax will plummet from its current 45% to an across the board flat 19%. It’s a dramatic change in orientation from the government. Could it be

Artificial Intelligence: A Blessing or a Curse?

Written by Stavros Papagianneas  Artificial Intelligence is rapidly changing the environments of just about everything – from translation to speech recognition to jobs to decision-making processes. AI, with its thousands of promised benefits, is positioned to affect just about every business around the globe. But with all the hype surrounding what AI can automate and relieve

Majority of US States Have Taken a Stance on Bitcoin and Blockchain

Most US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies behind them, according to a report by the Brookings Institution. The study classifies jurisdictions according to their attitude towards digital currencies and the levels of engagement with the underlying technology. Also read: Several States Spearhead Bitcoin Adoption

Bank of Japan Turns Back on State-Issued Cryptocurrency

The Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he said. Also read: