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Okay, so the U.S. and China are locked in an all-out race to build the most powerful AI on the planet. Beijing is throwing billions at homegrown models, tightening its grip on the tech sector, and watching nervously as its best AI talent gravitates to U.S. companies. Yet Manus — one of China’s most buzzed-about…
” Countries ignoring crypto AML rules risk placement on FATF’s ‘grey list’ — Report “ Countries failing to adhere to anti-money laundering (AML) guidelines for cryptocurrencies could find themselves added to the Financial Action Task Force’s (FATF’s) “grey list.” According to a Nov. 7 report from Al Jazeera, sources say the global financial watchdog is…
“# From mining to software: China’s regulatory crackdown on crypto continues ” Financial regulators in China have shut down a Beijing-based software company they suspect of providing services to crypto traders. In a Tuesday joint statement, the Beijing Financial Supervision and Administration Bureau and the Business Administration Department of the People’s Bank of China issued…
“# China proves Bitcoin is an unstoppable machine: Bitcoin Center founder ” China’s crackdown on Bitcoin (BTC) mining continues to face determined responses across the crypto ecosystem. One of the first BTC exchange operators and co-founder of Zap Protocol, Nick Spanos, said that the crackdown only proves Bitcoin is an unstoppable machine “if the world’s…
“# Blockchain Association executive debunks rumored crypto crackdown by Treasury ” Kristin Smith, executive director of the Blockchain Association has dismissed fears that the United States Department of the Treasury was close to cracking down on Bitcoin (BTC) and cryptocurrencies. Indeed, rumors of the Treasury bringing money laundering charges against some financial institutions using cryptocurrencies…