Worldcoin Token Adoption, Popularity Grows
Sam Altman, the co-founder of Worldcoin, shared a video of people in Japan lining up to trade their iris scans for “free” Worldcoin (WLD) tokens despite discussions about the cryptocurrency’s popularity declining. A video shared by Altman depicts a lengthy line of individuals in Japan reportedly waiting to acquire Worldcoin (WLD) tokens worth $50 or […]
BlackRock Signs a Joint Venture With Indian Giant Jio
BlackRock, an asset management firm, and Jio Financial Services Ltd. have partnered to establish an asset management firm in India. BlackRock has formed a strategic alliance with Mukesh Ambani’s financial services firm, Jio Financial Services. This allows the world’s largest money manager to establish a presence in the nation’s swiftly expanding asset management industry. According […]
South Korea Launches Interagency Investigation Team
A crypto investigation unit has been established in South Korea to counter illegal activity in the digital asset sector. According to a Reuters article, the Joint Investigation Centre for Crypto Crimes comprises a group of about 30 experts from several fields, including the legal, financial, tax, and customs sectors. Compared to traditional equities regarding investing […]
SEC Adopts Proposal for Regulating Use of AI
The U.S. Securities and Exchange Commission (SEC) has enacted a new set of regulations for financial services that use artificial intelligence. The SEC’s proposal is intended to address possible conflicts of interest that may arise due to businesses using AI, predictive data analytics, and related technologies. Although the SEC accepted that AI and predictive technology […]
FED Raises Rates Once More: Bitcoin Crash Or Bull Run?
Bitcoin discussions exploded in the hours following the Fed’s interest rate increase, and BTC prices approached $30,000 in minutes. The US Federal Reserve announced a 25 basis point increase in interest rates on Wednesday, July 26. Almost immediately after that, Bitcoin and the broader crypto market turned green, with the BTC price approaching $30,000. BTC […]