The recent move by the Russian Federal Assembly, notably the State Duma, propelling the digital ruble bill into law is an undeniable step toward a digital financial revolution. The bill passed through the lower chamber successfully, and now, with President
Republican Representative Warren Davidson from Ohio, a known blockchain advocate, is drawing a clear line in the sand on his position against Central Bank Digital Currencies (CBDCs). Joining a rising tide of skeptics within the political realm, Davidson calls for
Ron DeSantis has emerged as one of the presidential hopefuls against the issuing of Central Bank Digital Currency (CBDC) as he deems it a threat to liberty. Ron DeSantis, presidential aspirant and current governor of Florida has raised concerns over
The UK has now passed into law the Financial Services and Markets Bill, which recognizes trading of cryptos and stablecoin as well as its safe adoption. The new law got a Royal Assent from King Charles 111 on June 29,
With investors pouring billions into AI-focused projects, the stocks of many of these companies have soared to new highs, adding around $150 billion to the net worth of the wealthiest individuals. Over the past few months, AI has contributed immensely
Democratic Presidential candidate Robert F. Kennedy Jr. has given cryptocurrencies his support, calling them “a major innovation engine.” The 69-year-old member of the Kennedy dynasty took to Twitter to outline his views on digital assets as his campaign for the
Twitter has barely been out of the headlines since its takeover by Elon Musk last October in a deal worth $44 billion. Partly these have stemmed from the raft of significant changes made to its policies. Though company-wide layoffs and
Twitter has partnered with social trading giant eToro to let users access Bitcoin, stocks, and other financial assets on the platform. Owner Elon Musk has started to turn the blue bird into an “everything app” having taken over the company
Despite facing mounting losses in its fast-growing TikTok business unit, ByteDance managed to surpass China’s long-standing tech giants Tencent and Alibaba for the first time by generating a record underlying profit last year. ByteDance reported a 79% surge in earnings
The European Union (EU) is concerned that tech giants could act as gatekeepers to the metaverse, which it calls Web 4.0, stifling smaller players from entering the field and creating a virtual monopoly. To prevent this eventuality Europe’s governing body
ChatGPT has taken over the artificial intelligence (AI) market and its capabilities in answering all manner of questions promptly has led to the application being banned by Italy which has led the country’s deputy prime minister to call the ban
Google is facing a lawsuit demanding $4.2 billion in compensation for the revenue lost by publishers, reported the BBC. Charles Arthur, a former technology editor for The Guardian, has filed a claim alleging that Google used its dominant position in
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