US Congress members demand answers from Google over ‘AI Overview’

Cryptocurrency futures and options exchange Deribit says it will use its own money to refund users affected by an exchange rate miscalculation.In a tweet on Nov. 1, Deribit recognized its role in the error, which occurred on Thursday and resulted in Bitcoin (BTC) trading at around $7,700.Deribit: crash caused by “outlier” valueThis, in turn, caused…

The brother and sister team will face charges of wire fraud, securities fraud, and conspiracy for their alleged roles in the Ormeus Coin ICO. 348 Total views 13 Total shares A pair of siblings is now in very hot water with the U.S. government with criminal charges filed against them for allegedly committing fraud in…

If the Digital Asset Anti-Money Laundering Act were to become law, many cryptocurrency providers would have to learn how to comply with the same regulations as traditional financial institutions. by Mitch Eiven 8 min December 6, 2023 Share Share Share Share Real bipartisan legislative efforts are rare in Washington, DC, these days, but Democratic Senators

The Portugal Tax Authority (PTA) announced last month that cryptocurrency trading and payments in crypto would not be subject to value-added tax (VAT).According to the announcement, cryptocurrency payments that are subject to the provision of services under Article 9 (27) (d) of Portuguese tax law are exempt from VAT. This applies only to individuals, as…

Yoav Soffer, the advisor to the deputy governor and CBDC project manager, spoke at Tel Aviv FinTech Week, explaining how a recent CBDC experiment proved efficient in cross-border transactions. 135 Total views 4 Total shares Own this piece of history Collect this article as an NFTAt Tel Aviv FinTech Week 2023, Yoav Soffer, the advisor…

Facebook’s long-awaited stablecoin Libra could face a difficult roll out in Thailand due to the coin’s uncertain legal status in the country, an expert told the Bangkok Post on July 9.Fiscal Policy Office legal officer Sumaporn Manason argued that Libra will likely run up against difficulties entering Thailand as the cryptocurrency does not fall under…

ProShares Bitcoin Strategy ETF will enter the history books on Oct. 19 when it starts trading on the New York Stock Exchange under the ticker BITO.Market participants are likely to watch the volumes on the ETF closely to gauge the amount of participation from institutional investors. If the response is tepid for a few days, short-term…

Startup Status raised $100 M in its 2017 initial coin offering on the premise of building a private messenger based on the Whisper protocol that allows Ethereum DApps to communicate. Each smartphone that runs a Status app becomes a node, and all the messaging runs on a peer-to-peer network which is censorship-resistant. After three years…