Microsoft Introduces AI-Powered ‘Copilot for Finance
Microsoft’s AI-Powered ‘Copilot for Finance’ will Integrate with Microsoft 365 for Generative AI and Automation Solutions in Workflows. On February 29, Microsoft introduced “Copilot for Finance” to the public via a preview. Integrating with the Microsoft 365 suite of productivity tools, the new service enabled by artificial intelligence offers generative AI and automation solutions for […]
House Committee to Overturn SEC’s Crypto Custody Rule
House Services Committee Opposes SEC’s Proposed SAB 121, Sparking a heated ‘bone of contention’ between the financial and crypto groups. The proposed Securities and the Exchange Commission (SEC) Staff Accounting Bulletin 121 (SAB 121), a regulation that has generated considerable controversy and disagreement among the financial and cryptocurrency communities, has been met with opposition from […]
Coinbase Faces Technical Issue Due to High Demand For Bitcoin
Due to the increased demand for Bitcoin subsequent to its price surge, Coinbase was impacted by a technical issue on Wednesday. Coinbase encountered a technical issue on Wednesday due to the substantial demand generated by the surge in Bitcoin prices. Numerous Coinbase app users reported seeing an empty balance in their accounts. Coinbase responded to […]
Gemini Agrees to $1.1 Billion Settlement in Earn Program Dispute
The agreement requires Gemini to pay a $37 million fine and also guarantees a return of more than $1.1 billion to the Customers. A settlement has been achieved between the New York State Department of Financial Services (NYDFS) and the cryptocurrency exchange Gemini. Under the terms of the agreement, Gemini will reimburse customers of the […]
CBN Governor Criticizes Binance, Executives Reportedly Arrested
Binance is facing more scrutiny in Nigeria, the governor of CBN Raises Concerns About ‘Suspicious Flows’ of Funds Through Binance in 2023. Governmental agencies such as the Securities and Exchange Commission are suspiciously observing the cryptocurrency exchange. According to CBN Governor Olayemi Cardoso, cryptocurrency exchanges in Nigeria are suspect. On 27th February, he told the […]