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Bosch and Fetch.ai to Create Foundation to Fund Development of Web3

Bosch and Fetch.ai to Create Foundation to Fund Development of Web3

Bosch establishes Fetch.ai Foundation and commits $100 million in funding to create Web3, AI, and IoT products.

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.

CFTC Commissioner Questions VCs' Due Diligence

CFTC Commissioner Questions VCs' Due Diligence

Investor due diligence in the failing crypto-exchange FTX has sparked concerns from the Commodity Futures Trading Commission (CFTCP). VCs had to write down their multimillion-dollar investments to practically nothing, raising "serious doubts" about their responsibility.

Tether and INHOPE Join Forces to Fight Child Abuse Material Online

Tether and INHOPE Join Forces to Fight Child Abuse Material Online

The cooperation intends to combat the unlawful use of cryptocurrency to finance child abuse content on the dark web and in personless online marketplaces like INHOPE.

Wyoming lawmakers pass bill prohibiting courts from forcing disclosure of digital asset

Wyoming lawmakers pass bill prohibiting courts from forcing disclosure of digital asset

Wyoming, a crypto-friendly state, enacted a measure banning private key disclosure. If Governor Mark Gordon approves, it will take effect July 1.

Algorand Foundation Expands its Presence in India

Algorand Foundation Expands its Presence in India

Algorand worked with Hyderabad-based innovation hub T-Hub to assist companies access global financing.

Changshu Civil Servants to Receive Digital Yuan as Payment

Changshu Civil Servants to Receive Digital Yuan as Payment

Changshu, a city in China, announced that civil servants, including public service personnel and state-owned unit personnel, will receive their full salaries in digital RMB starting May 2023. The move is part of China's pilot program to establish an efficient and convenient digital RMB operation and management system by 2025.

Father of two facing the dire prospect of losing his family forever

Father of two facing the dire prospect of losing his family forever

A two-year bitcoin trading addiction cost a Redditor $180,000 and maybe his wife and family.

The UK is a step closer to launching a central bank digital currency

The UK is a step closer to launching a central bank digital currency

The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist.

StarkWare to Open Source Proprietary Prover

StarkWare to Open Source Proprietary Prover

Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.

SAMA is Ramping Up Its Research into Central bank digital currencies

SAMA is Ramping Up Its Research into Central bank digital currencies

SAMA is expanding its central bank digital currency study (CBDCs). Saudi Vision 2030 aims to diversify the economy, decrease oil dependency, and improve public services.

Blockchain Got Down to Business in 2019

Blockchain Got Down to Business in 2019

Executives who took part in Deloitte’s survey are confident about the new and evolving use-cases of blockchain. In comparison to Deloitte’s 2018 survey, respondents report that overall corporate blockchain investment is expanding across most sectors and practical applications are gaining traction.

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