UAE decided to fight money laundering introducing new rules.
On May 31, the Central Bank of the United Arab Emirates (CBUAE) published a 44 pages document for LFIs which describes in detail how users have to fight money laundering and terrorism for banking institutions.
“LFIs” are all the non-crypto financial institutions that are connected to virtual asset providers.
LFIs are for example banks, finance companies, payment service provides…
UAE established that LFIs have to submit a request to the central bank if they want to collaborate with any VASPs. Without license, every collaboration is forbidden.
SOURCE: COINTELEGRAPH
READ ABOUT USA: DESANTIS HIGHLIGHTS BITCOIN…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
DeSantis, the new Republican candidate, has promised to defend Bitcoin during his election campaign.
DeSantis announced his application for the USA presidency during a Twitter Space event in which were also Elon Musk.
During the Twitter Space, the most relevant topic was Bitcoin.
DeSantis has declared “I think people should be able to use Bitcoin. As president, I will try to protect the ability to exploit those technologies”.
The candidate also promised that he will oppose any kind of ban to defend the cryptocurrency world.
Crypto are the future of USA.
SOURCE: The Crypto Gateway
READ ABOUT FBI: ATTENTION TO FAKE CRYPTO JOB ADV…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
FBI urged citizens to pay attention to some crypto job advertisements.
FBI via Twitter, advised who lives in USA or abroad to be careful with any job advertisement due to a new crypto scam.
Scam consists of a different types of job proposals (like call center customer service or beauty salon technicians) in foreign countries.
Users that arrive in a country for a specific job, are coerced into committing cryptocurrency investments scheme.
Below you can read FBI’s tweet:
The #FBI warns of false job advertisements linked to labor trafficking at Southeast Asia-based scam compounds...Learn more: http://ow.ly/3Ujv50OtwAN
SOURCE: Twitter
READ ABOUT CARNEGIE MELLON UNIVERSITY: NEW AI INSTITUTE…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
Carnegie Mellon University is a famous university in Pittsburgh, Pennsylvania.
It received $20M to invest in a new Artificial Intelligence (AI) institute.
The Carnegie Mellon University will encourage the upgrade of AI tools to help researchers to take decisions in social situations - like natural disasters.
Aarti Singh will be the AI institute director. She said that AI will play a crucial role in helping decision makers.
Carnegie Mellon University will contribute to create a community in which both public health official and emergency managers will collaborate each others.
SOURCE: CoinTelegraph
READ ABOUT APPLE: STOP CHATGPT FOR EMPLOYEES…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
Apple has banned its employees from using ChatGPT- a famous tool based on artificial intelligence (AI).
The reason why is linked with a new AI technology that Apple is going to test.
An internal document signed by Apple CEO, reports that, using ChatGPT, many informations could be take by OpenAI.
The document also prohibits the usage of GitHub’s AI - a Microsoft owned tool - and other similars.
Like Apple did, on May 2nd, also Samsung limit the use of AI tools by its employees.
SOURCE: CoinTelegraph
READ ABOUT RIPPLE ACQUIRES METACO…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
Ripple is a company that build breakthrough solutions - thanks to blockchain technology - for a world without economic borders.
Metaco is a Swiss enterprise technology company that has software and technology solutions able to store, trade and manage any types of digital assets with a high level of security and agility.
On May 17, Ripple gave notice of its acquisition of Metaco which was sold for $250M.
Thanks to the investment, Ripple can continue to expand its business.
"Metaco will dramatically accelerate its growth trajectory through access to Ripple's established base of hundreds of customers, capital to address new demand, and resources to continue delivering on its commitment to banking and institutional clients.”
SOURCE: CoinTelegraph
READ ALSO BANK OF KOREA: WHO HAS TO SUPERVISE CRYPTO?
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
Bank of Korea and the Financial Services Commission are contending the cryptocurrency industry: who has to superintend it?
Bank of Korea in fact is ready to prepare regulations for digital assets which comprehend also crypto trading.
The Financial Services Commission, on the other hand, want to regulate itself local crypto markets and industry despite the South Korea’s bank pretend to be the only government.
On 25th April, during a conference, FSC vice president said that Central Bank’s right couldn’t include cryptocurrencies because of their infrequent use in payments.
Now, maybe FSC agreed with the Bank of Korea’s request but it wants to accelerate the process for the creations a legal framework for crypto.
There’s a big possibility to re-opening this controversial state.
SOURCE: Forkast
READ ABOUT TEXAS: YES TO ENCRYPTION…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
Texas legislators vote to include digital currency to the state’s Bill of Rights. This act, protect essential liberties like freedom of speech, religion, press. But, Texas’ Bill of Right has specific notes like the right to possess and carry guns legally.
Lawyers introduced also a supplying that allows users to possess, retain and utilize digital currencies.
Texas’ report obtained 139 “yes” and it also has a clause: “no government shall prohibit or hinder the ownership or holding of any form or quantity of money or other currency.“
SOURCE: CoinTelegraph
READ ABOUT PAYPAL: MORE SERVICES BASED ON CRYPTO…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
PayPal said it has $1 billion worth of crypto assets on its balance sheet. For this reason, the giant has decided to focus more and more on cryptocurrencies. Specifically, it holds assets in Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).
PayPal has declared that it maintains, within its internal registers, the share of crypto assets owned by its customers and, outside of these, there are no other shares of crypto owned by the company.
The society has introduced numerous services in favor of the use of cryptocurrencies: external wallets in which to transfer money, exchange cryptocurrencies on other apps, the possibility of buying Ethereum via PayPal - thanks to ConsenSys.
SOURCE: TheCryptoGateway
READ ABOUT LIECHTENSTEIN: BITCOIN PAYMENT IS COMING…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
