The United States is considering new restrictions on exports of artificial intelligence (AI) chips to China, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of Nvidia fell more than 2 percent, while Advanced Micro Devices (AMD) fell about 1.5 percent on the news in extended trading. The Commerce Department … Read more
Norway, in the coming days, is regulating the operations of data centres within its jurisdiction. The aim is to identify energy-intensive operations like the ones pertaining to crypto mining and put a stop to them. Since Norway faces extreme cold weather conditions for a significant part of the year, the government there wishes to ensure … Read more
India’s Financial Intelligence Unit (FIU) has imposed a fine of $2.25 million (roughly Rs. 18.8 crore) on Binance. The financial watchdog announced the development on Thursday, June 20. India has claimed that the crypto exchange, touted as the largest in the world, was not adhering to the Prevention of Money Laundering Act, 2002 (PMLA), which … Read more
As day four of “Crypto Week” kicks off, US Democratic and Republican lawmakers remain divided on the future of key legislation that will shape the country’s regulatory approach to digital assets. Votes were anticipated on the Clarity Act, the GENIUS stablecoin bill and the Anti-CBDC Surveillance State Act, but progress has been slowed by political … Read more
As day four of “Crypto Week” kicks off, US Democratic and Republican lawmakers remain divided on the future of key legislation that will shape the country’s regulatory approach to digital assets. Votes were anticipated on the Clarity Act, the GENIUS stablecoin bill and the Anti-CBDC Surveillance State Act, but progress has been slowed by political … Read more
As day four of “Crypto Week” kicks off, US Democratic and Republican lawmakers remain divided on the future of key legislation that will shape the country’s regulatory approach to digital assets. Votes were anticipated on the Clarity Act, the GENIUS stablecoin bill and the Anti-CBDC Surveillance State Act, but progress has been slowed by political … Read more
As day four of “Crypto Week” kicks off, US Democratic and Republican lawmakers remain divided on the future of key legislation that will shape the country’s regulatory approach to digital assets. Votes were anticipated on the Clarity Act, the GENIUS stablecoin bill and the Anti-CBDC Surveillance State Act, but progress has been slowed by political … Read more
As day four of “Crypto Week” kicks off, US Democratic and Republican lawmakers remain divided on the future of key legislation that will shape the country’s regulatory approach to digital assets. Votes were anticipated on the Clarity Act, the GENIUS stablecoin bill and the Anti-CBDC Surveillance State Act, but progress has been slowed by political … Read more
As day four of “Crypto Week” kicks off, US Democratic and Republican lawmakers remain divided on the future of key legislation that will shape the country’s regulatory approach to digital assets. Votes were anticipated on the Clarity Act, the GENIUS stablecoin bill and the Anti-CBDC Surveillance State Act, but progress has been slowed by political … Read more
As day four of “Crypto Week” kicks off, US Democratic and Republican lawmakers remain divided on the future of key legislation that will shape the country’s regulatory approach to digital assets. Votes were anticipated on the Clarity Act, the GENIUS stablecoin bill and the Anti-CBDC Surveillance State Act, but progress has been slowed by political … Read more