In the digital currency realm, smart contracts have enhanced the financial industry through tokenization, decentralized finance (defi) and other agreements in the form of self-executing
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BRICS States Should Tackle AI Risks Together, Xi Jinping Says
BRICS nations should address the risks related to artificial intelligence (AI), Chinese President Xi Jinping said during the group’s summit in South Africa. China’s leader
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Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023
The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and
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Study: Generative AI Could Add Trillions to Global Economy
A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study,
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Majority of Americans Hesitant to Embrace Central Bank Digital Currency, Survey Finds
A recent poll conducted by the Cato Institute and public opinion firm Yougov reveals that the majority of Americans are hesitant to adopt a central
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UK Bans ‘Refer a Friend’ Bonuses With Tougher Crypto Marketing Rules
Businesses marketing crypto assets to U.K. consumers will have to abide by stricter advertising rules presented by the country’s financial watchdog. These include prohibiting ‘refer
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