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BitGo Receives Regulatory Approval from Italy

BitGo Receives Regulatory Approval from Italy

BitGo joins other crypto firms in gaining clearance to operate in Italy.

Crypto Exchange Coinify Gets Regulatory Approval to Operate in Italy

Crypto Exchange Coinify Gets Regulatory Approval to Operate in Italy

Denmark-based cryptocurrency exchange Coinify has announced that it has received regulatory approval to operate in Italy.

OpenAI's ChatGPT Under GDPR Investigation in Italy: Facing 30-Day Defense Deadline

OpenAI's ChatGPT Under GDPR Investigation in Italy: Facing 30-Day Defense Deadline

Italian Data Protection Authority, Garante, has raised concerns over potential GDPR violations by OpenAI's ChatGPT, requiring OpenAI to defend its processing of personal data for 30 days.

ChatGPT Ban Lifted in Italy

ChatGPT Ban Lifted in Italy

Italy's data protection agency, Garante, has lifted the temporary ban on the interactive AI chatbot, ChatGPT, after the company addressed the privacy concerns raised by the watchdog. The ban was imposed due to ChatGPT's violation of the GDPR, and the company had to implement measures to comply with the Italian regulator's transparency demands before the ban was lifted.

China Expands Digital Yuan Pilot Sites to 23 regions across 15 Provinces

China Expands Digital Yuan Pilot Sites to 23 regions across 15 Provinces

The People's Bank of China announced that it will expand the digital yuan pilot program from 11 regions to 23 regions in 15 provinces and cities.

Italy Bans Microsoft-Backed AI Chatbot

Italy Bans Microsoft-Backed AI Chatbot

Italy's national data agency raised concerns about privacy violations and age verification, resulting in Microsoft-backed OpenAI taking ChatGPT offline. The Italian Deputy Prime Minister criticized the ban as excessive and harmful to national business and innovation. OpenAI stated it adheres to privacy regulations and is willing to cooperate with Italy's privacy regulatory body.

Italy will tax cryptocurrency earnings 26%

Italy will tax cryptocurrency earnings 26%

Italy will restrict digital currencies in 2023. Cryptocurrency trading earnings above 2,000 euros ($2,062) will incur a 26% capital gains tax. As "foreign money," digital currencies have enjoyed reduced tax rates. Portugal wants to tax cryptocurrency capital gains at 28%.

Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia

Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia

With COVID-19 forcing businesses to adopt digital means of transacting, there is a spike in blockchain adoption, Bitcoin price surge, rise in Bitcoin scams.

Bitcoin Price and the Global Financial Crisis: Everybody's Looking at the Wrong Markets

Bitcoin Price and the Global Financial Crisis: Everybody's Looking at the Wrong Markets

While everybody obsesses over stock markets, bailouts, and inflation, the biggest global financial risks come from the collapse of debt markets. What does this mean for bitcoin?

Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?

Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?

In the world we live in today, virtually every sector of human activities have begun to experience one form of digitisation or another, and the Banking sector happens to be one of the sectors at the forefront of this evolution.

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.

AIBC gets back to business with limited free early bird tickets

AIBC gets back to business with limited free early bird tickets

Malta AIBC Summit 2020 will take place November 18th – 19th, 2020 at the Malta Fairs and Conventions Centre in Ta’ Qali. Positioned at the cutting edge of a very competitive industry, the event has evolved since 2018 into one of the world’s leading events for blockchain and emerging tech, operating on both a European and world stage. In 2019, Malta AIBC Summit welcomed over 12,000 attendees from over 80 countries, and in 2020 this favourite in the global emerging technology event calendar is set to continue growing.

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