The Pope and US regulators warn about AI risks: Law Decoded
The head of the Catholic Church warned humanity of AI’s potential dangers and explained what needs to be done to control it. Nowadays, everyone has...
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Ripple issues white paper on CBDCs, reiterates belief in their potential
The white paper states that CBDCs help expand financial inclusion, streamlining cross-border payments and reinforcing monetary policy control. Ripple has doubled down on its public...
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Brazil signs its overseas crypto tax bill into law
Under the new taxes, Brazilian citizens will pay up to 15% of profits from crypto to the state. The President of Brazil, Luis Inácio Lula...
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Tesla’s humanoid robot is now 30% faster, 22 pounds lighter
Tesla CEO Elon Musk has revealed a new prototype of its humanoid robot, Optimus Gen 2. It can dance and do squats. Elon Musk, the...
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ChatGPT passes neurology exam for first time
LLM 4.0 from OpenAI answered 85% of the American Board of Psychiatry and Neurology’s questions correctly, implying potentially “significant” future uses for the technology. OpenAI’s...
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CZ must stay, Do Kwon to be extradited: Law Decoded
A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do...
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Argentine crypto influencers hope Javier Milei will shun FATF Travel Rule
The Argentine president, inaugurated on Dec. 10, has promised to disband the Central Bank but hasn’t made any official commitment to introduce Bitcoin-friendly legislation. After...
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Kazakhstan blocked 980 non-licensed crypto exchanges in 2023
The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering. This year, Kazakhstan’s Financial Monitoring Agency (AFM) blocked access...
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BBVA migrates its crypto custody service to Ripple-owned Metaco’s Harmonize
Harmonize will allow the bank to connect to other blockchains, apart from Bitcoin and Ethereum, which suggests the potential expansion of BBVA’s crypto services. BBVA...
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British regulator adds Justin Sun-linked Poloniex to warning list after $100M hack
The Financial Conduct Authority warns that the crypto exchange is operating without proper authorization. The U.K.’s Financial Conduct Authority (FCA) has added crypto exchange Poloniex...
