The Central African Republic (CAR) has garnered optimism from the International Monetary Fund (IMF) one year after its adoption of Bitcoin (BTC). The IMF’s positive outlook reflects the country’s economic prospects and the impact of embracing cryptocurrency. The International Monetary Fund (IMF) has published a report expressing a more positive view of the economic prospects of the country in 2023.…
Month: May 2023
Japan’s crypto Anti-Money Laundering measures to start in June: Report
The Japanese parliament has decided to roll out tougher AML procedures in line with the “travel rule.” Source: https://cointelegraph.com/app/public/index.php/news/japan-crypto-aml-measures-start-in-june
Web3 threatened by Web2.5 and regulations, exec warns
As Web3 remains in its early stages, its ideals and original vision of creating an interoperable financial landscape are under attack, according to Jamie Burke, the founder and CEO of Web3 accelerator Outlier Ventures. In an interview with Cointelegraph, Burke outlined several aspects of Web3 that are currently being threatened by concepts like Web2.5 and regulatory actions. The executive said…
South Korea’s lead party wants crypto disclosure laws to apply earlier: Report
The proposed bill would require top government officials and lawmakers to declare all personal crypto holdings over $760. Source: https://cointelegraph.com/app/public/index.php/news/south-korea-ruling-party-wants-crypto-disclosure-laws-early
AI deepfakes are getting better at spoofing KYC verification: Binance exec
The technology is getting so advanced that deepfakes may soon become undetectable by a human verifier, said Jimmy Su, Binance’s chief security officer. Source: https://cointelegraph.com/app/public/index.php/news/binance-rise-in-deepfake-customer-checks-verification
Blizzard and Adobe tap generative AI tools as ‘co-pilots’ for humans
The two tech firms say the goal of the generative artificial intelligence tools isn’t to replace humans but to help them. Source: https://cointelegraph.com/app/public/index.php/news/blizzard-adobe-generative-ai-tools
Chinese city launches govt-backed metaverse platform
Nanjing City, the capital of Jiangsu Province in China, on May 22, inaugurated the China Blockchain Technology and Application Innovation Platform. This government-supported platform aims to foster and advance metaverse research and development across the country. The newly established state-backed entity is led by the Nanjing University of Information Science & Technology (NUIST). As per an announcement on NUIST’s official…
Blizzard and Adobe tap generative AI tools to be 'co-pilot' to humans
The goal of introducing generative artificial intelligence tools by the two tech firms isn’t to replace humans but to help them. Source: https://cointelegraph.com/public/index.php/news/blizzard-adobe-generative-ai-tools
Blizzard and Adobe tap generative AI tools to be 'co-pilot' to humans
The goal of introducing generative artificial intelligence tools by the two tech firms isn’t to replace humans but to help them. Source: https://cointelegraph.com/wp-admin/css/colors/coffee/index.php/news/blizzard-adobe-generative-ai-tools
Pakistan aims to produce 1 million AI-trained IT graduates by 2027
Just days after announcing that cryptocurrencies will “never be legalized” in the country, Pakistan’s Ministry of IT & Telecom drafted a policy to spur the growth of artificial intelligence (AI). With the national AI policy, Pakistan aims to evolve into a knowledge-based economy by upskilling human capital on AI and allied technologies among other investments and initiatives. Draft National AI…