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The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), plans to stop retail investors from borrowing money to fund their crypto investments. According to a May 2 Financial Times report, the ban on borrowing to fund crypto purchases is one of the upcoming crypto rules by the FCA. David Geale, FCA executive director of …
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On Wednesday, speaking from the White House, US President Donald Trump suggested that families scale back on gifts this year. Asked about his tariff program, the president remarked, “Somebody said, ‘Oh, the shelves are gonna be open. Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will …
Continue reading “Are Donald Trump’s tariffs a legal house of cards?”
Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country. On March 21, South Korean regulators ordered Google Play to block access to exchanges that were not compliant with the requirements needed to operate in the country. On April 11, South Korea’s Financial Services Commission (FSC) ordered …
Continue reading “KuCoin to reenter South Korea after securing key markets: CEO”
The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027. Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies. “Article 79 of the …
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Why are refunds important in stablecoin payments? Anyone who has used traditional payment systems will likely be familiar with refunds and chargebacks. If a purchase goes wrong, like receiving damaged items or not receiving the product at all, the payer can file a complaint with the seller to recover their funds. This process of refunds …
Continue reading “Circle’s Refund Protocol, explained: Bringing refunds to stablecoin payments”
Key points: Bitcoin long-term holders are about to hit a level of unrealized profit, which has traditionally caused them to sell. That level coincides with the return to a six-figure BTC price. Order book data suggests that bulls may not succeed in keeping the upside going. Bitcoin (BTC) risks a “notable increase” in selling from …
Continue reading “Bitcoin hodler unrealized profits near 350% as $100K risks sell-off”
Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered. Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events.” The decision follows Coinbase’s recent decision to suspend the Movement Network (MOVE) …
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As the crypto space developed, blockchain use cases expanded from simple digital currencies and non-fungible tokens (NFTs) to more complex areas such as digital identity verification and telecommunications. Ahead of the Token2049 event in Dubai, Cointelegraph spoke with Spacecoin CEO Stuart Gardner, Spacecoin founder Tae Oh, and Humanity Protocol founder Terrence Kwok to explore how …
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Opinion by: Merav Ozair, PhD Lately, stablecoins are everywhere — this time around, headed by “traditional” financial institutions. Bank of America and Standard Chartered are considering launching their own stablecoin, joining JPMorgan, which launched its stablecoin, JPM Coin — rebranded as Kinexys Digital Payments — to facilitate transactions with their institutional clients on their blockchain …
Continue reading “Stablecoins: Depegging, fraudsters and decentralization”
What is AGI? When the lines blur between man and machine, you’re looking at artificial general intelligence (AGI). Unlike its counterpart, artificial narrow intelligence (ANI), which is the use of AI for solving individual problem statements, AGI represents artificial intelligence that can understand, learn and apply knowledge in a way that is indistinguishable from human …
Continue reading “Artificial general intelligence (AGI): Can it really think like a human?”
