Hong Kong issues dual-track policy for AI adoption in finance

More and more traditional banks have started announcing support for digital assets as the price of Bitcoin (BTC) continues to make headlines for record-breaking all-time highs. Even major banks like JPMorgan Chase, which previously frowned upon Bitcoin, have taken a newfound interest in the cryptocurrency. Contrary to what Goldman Sachs stated recently, JPMorgan’s strategists have noted…

The European Commission and European Investment Fund (EIF) has launched a new investment scheme for artificial intelligence (AI) and blockchain in Europe, the organization announced in a Nov. 20 blog post. The announcement reads: “With the European Commission, we are launching a dedicated investment scheme that will make EUR 100m available to venture capital funds or…

American software corporation Microsoft has released a serverless blockchain-powered Azure development kit, according to an announcement published Nov. 15.The new product dubbed the “Azure Blockchain Development Kit” purportedly improves the capabilities of Microsoft’s Azure Blockchain Workbench. It contains features like off-chain identity and data, monitoring, and messaging application programming interfaces (API) in a format that…

Cypherpunks co-founder Timothy C. May has reportedly died of natural causes, a Facebook eulogy posted by cypherpunk Lucky Green stated Dec. 15.In his social media post, Green informed:“Word has reached me that my dear friend, co-conspirator in many things and for many years, fellow Freedom Fighter Tim May passed away earlier this week at his…

Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra.“Something feels very un-American about this”After U.S. Senators Brian Schatz and Sherrod Brown apparently pressured the payment giants to leave Libra, Brian Armstrong, co-founder and CEO of major U.S. crypto exchange Coinbase, called the action “un-American” in…

During the second half of 2020, we saw a growing interest in cryptocurrencies from institutional investors and big capital. However, all the attention of the whales, as well as all the attention of the public, was fixed on Bitcoin (BTC). Today, we will look at why Ether (ETH) is a more attractive asset and why…

A further commitment to its treasury sees MicroStrategy join Grayscale as this week's big buyer while others keep selling. 1623 Total views 10 Total shares Bitcoin (BTC) showed signs of a resurgence on Jan. 22 after a trip below $30,000 produced fresh buyer support.BTC price seals 8.5% daily bounceData from Cointelegraph Markets and TradingView showed a…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekInfrastructure bill passes US Senate — without clarification on cryptoOn Tuesday, the…

One of the banking partners in the cross-border remittance service is also part of the government’s CBDC program. 70 Total views 3 Total shares Own this piece of history Collect this article as an NFTIndia’s national payment network, called the unified payments interface (UPI), is expanding its services beyond Indian borders to Singapore. The cross-border…