Hawaii Exempts Crypto Firms from Money Transmitter License
Cryptocurrency firms in Hawaii are now officially exempt from the requirement to obtain a Money Transmitter License (MTL) to conduct business. On June 30, 2024, the Hawai’i Department of Commerce and Consumer Affairs (DCCA) announced that the state had officially concluded the collaborative crypto research initiative Digital Currency Innovation Lab (DCIL). Founded in 2020, DCIL’s […]
ASI Alerts Users as Phase 1 Token Migration Begins
Fetch AI merges AGIX and OCEAN into FET for Phase 1 of ASI token migration. Users alerted as exchanges delist tokens and balances temporarily affected. The ASI token merger has launched, with Phase 1 currently ongoing. This development has resulted in a user alert concerning the ongoing token migrations. Exchanges have initiated the delisting of […]
Charles Hoskinson Raises Concerns Over AI Censorship
Charles Hoskinson, the co-founder Cardano blockchain ecosystem, expressed his concerns regarding the potential for artificial intelligence (AI) censorship and selective training. Hoskinson described the implications of AI censorship as “profound” and a matter of ongoing concern for him. He argued that they lose utility over time due to “alignment” training. The complete truth about gatekeeping […]
JPMorgan & CoinShares Predict Bitcoin Impact from $9B Mt. Gox Payout
Mt. Gox’s $9 billion Bitcoin payout to creditors is expected to have significant market implications, according to JPMorgan and CoinShares analysts. As Mt. Gox prepares to distribute approximately $9 billion in Bitcoin to its creditors, analysts from CoinShares and JPMorgan anticipate substantial implications for BTC. Before its collapse in 2014, Mt. Gox was the largest […]
Tether Implements USDT Social Security Payments for Filipinos
Tether, the world’s largest stablecoin issuer, has implemented a new crypto payment option for Filipino citizens to let them pay their Social Security System (SSS) contributions in USDT. The Social Security System in the Philippines is a state-run social insurance program that benefits employees in the informal, formal, and private sectors. The Social Security System […]