BlackRock receives license to operate in Abu Dhabi
BlackRock has secured a license in Abu Dhabi, focusing on AI and private markets while expanding its presence in the UAE’s crypto-friendly ecosystem.
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BIS head claims fiat won battle with crypto, Bitcoin community disagrees
The Bank for International Settlements (BIS) has long taken a cautious approach to Bitcoin (BTC) and cryptocurrencies. No need for caution anymore, however, as the “battle has been won” between fiat and crypto, according to BIS.BIS general manager Agustín Carstens, who made the claim, highlighted that “technology doesn’t make for trusted money,” among further criticisms…

Blockvest Saved from Default Judgement in Fraud Case
Blockvest, which is currently embroiled in a dangerous lawsuit with the SEC, obtained a small victory in a similar case filed by an elderly couple. However, the Jan. 21 court filing suggests that this is based on a legal technicality.The case against Blockvest was filed by Tommy and Christine Garrison, who alleged that the project…

Bitcoin futures and spot ETF traders capitulate as BTC looks for a bottom
Bitcoin’s (BTC) daily chart registered a bearish three-blind mice pattern over the past three days, taking BTC’s value outside the long-term established range between $110,000 and $90,000. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Over the past 24 hours, Bitcoin tested the fair value gap, but BTC has struggled to establish bullish momentum from the $82,000 range

Sushiswap reveals ambitious 2021 roadmap
In a reveal that set cryptotwitter ablaze, Sushiswap lays the foundation for a strong 2021 1117 Total views 6 Total shares After a wild, up-and-down 2020 that saw Sushiswap become the largest decentralized exchange (DEX) by liquidity at two different points, the decentralized finance (DeFi) platform has released a wildly ambitious project roadmap for 2021.Key…

Portugal Unveils ‘Free Zones’ for Emerging Technologies in Digital Action Plan
Portugal unveils plans for cross-sector “technological free zones” to encourage experimentation in artificial intelligence, blockchain, 5G, nanotechnology and more. 1312 Total views 33 Total shares The Portuguese government plans to create “Technological Free Zones” (Zonas Livres Tecnológicas) with tailored regulatory regimes that encourage innovation and experimentation.Unveiled on April 21 as part of the country’s ambitious…

Kazakhstan’s central bank ‘isn’t going to ignore’ the crypto market
According to the chairman, the central bank will decide on implementing its own digital currency by the end of 2022. 285 Total views 17 Total shares While Kazakhstan’s government is catching up with the tremendous volume of crypto mining in the country by introducing new taxes and regulations, the local central bank intends to explore…

Meta launches suite of generative AI music tools rivaling Google’s MusicLM
Meta’s latest suite of generative AI tools allows users to input text to create musical and audio compositions, rivaling a similar tool released this year by Google. 116 Total views 1 Total shares Meta, the parent company of Facebook and Instagram, launched a suite of generative AI models on Aug. 2, which it calls AudioCraft,…

75% of VASPs registered in the EU will not be able to comply with MiCA
Opinion by: Slava Demchuk, co-founder and CEO of AMLBot All virtual asset service providers (VASPs) registered in the EU before 2025 must comply with Markets in Crypto-Assets Regulation (MiCA) requirements this year. Not all will be able to do so. The MiCA regulation is, in essence, a good legal framework for the crypto industry, but