Daily Crypto Investment in Millions Despite Ban in China
Chinese investors invest millions in digital assets despite regulatory obstacles, defying China’s crypto prohibitions while navigating restrictions. The Chinese cryptocurrency market and its investors defy regulatory bans, thriving underground despite their resistance. An increasing proportion of Chinese investors are ingeniously bypassing the restrictions imposed by the government of China since 2021, which prohibit the trading and […]
Nvidia Partners With U.S. NSF for AI Advancement
The National Science Foundation (NSF) of the United States and Nvidia, an artificial intelligence (AI) chip maker, have announced a new partnership to launch the National Artificial Intelligence Research Resource (NAIRR) for AI advancement. The objectives of the NAIRR pilot program, which is national, are to increase access to the resources required for “responsible AI […]
Ripple Letters Judge Netburn About SEC’s “Factual Mischaracterization”
Ripple responds to a factual mischaracterization made by the US SEC in a letter to Magistrate Judge Sarah Netburn. In the most recent development in the litigation between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) concerning the motion to compel remedies-related discovery, Ripple requests a sur-reply from the court to rectify the factual mischaracterization […]
Former Binance CEO CZ’s Attempt to Travel to UAE Denied
Changpeng ‘CZ’ Zhao, founder and former CEO of Binance, encounters travel rejection, adding legal complications to his guilty plea to anti-money laundering. A U.S. federal judge recently denied the petition of Binance founder Changpeng “CZ” Zhao to travel to the United Arab Emirates in the event of a family emergency, which represented a significant legal setback. Zhao’s proposal […]