California removes teeth from AI law without addressing tech’s core concerns

A fintech company says it has reached several milestones that help crypto enthusiasts capitalize on the current bull market, as it complements its crypto lending service with wallets, blockchain integration and crypto-fiat conversions.YouHodler offers cash loans of up to $30,000 to consumers who are willing to use their cryptocurrency as collateral. As previously reported by…

London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain this May, Reuters UK reports today, Dec. 3.Calastone processes mutual fund trades for over 1,700 financial companies, including JPMorgan Asset Management, Schroders, and Invesco, according to Reuters.The move will transform current services by using a shared ledger to…

Square and Twitter CEO Jack Dorsey has said Bitcoin (BTC) will continue to be adopted more widely, but it is still too early to consider it a currency.Make Bitcoin more usable and accessible as a currencyOn Sept. 4, the outspoken Bitcoin advocate told the Australian Financial Review that he is convinced the No. 1 cryptocurrency will continue…

Dogwifhat saw the steepest 7-day price decline among the top 100 cryptocurrencies by market cap but remains in fourth place among memecoins.

Treasury Under Secretary for Domestic Finance Nellie Liang examined some of the design issues that would shape a potential U.S. digital dollar. 367 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe United States Treasury Department is continuing to consider design decisions relating to the introduction of a…

Bitcoin (BTC) is retaking market share from altcoins after its market cap dominance hit its highest since November 2021 last week.Data from CoinMarketCap and TradingView reveals BTC briefly accounted for over 42% of the overall crypto market cap in late January.Bitcoin claws back market cap presenceHaving suffered on the way down from its all-time price…

Crypto-related companies and figures have provided evidence about being de-banked by Australian financial institutions to a Senate inquiry. Crypto investment firm Aus Merchant, global remittance provider Nium and small peer-to-peer crypto brokerage platform Bitcoin Babe were speaking on a panel as part of the senate inquiry into “Australia as a Technology and Financial Centre” on…

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