Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 01st Nov🚨 AI-Related Tokens Spain Dislikes CBDC BitGo Granted German License Terraform Labs and Do Kwon Push Back Against SEC Accusations - a podcast by Blockchain DXB

01st Nov: Crypto & Coffee at 8
AI-Related Tokens Spain Dislikes CBDC BitGo Granted German License Terraform Labs and Do Kwon Push Back Against SEC Accusations

Joe Biden Delivered Remarks on Artificial Intelligence, a bit hard to understand but can watch the video with transcriptome via The White House YouTube channel here https://lnkd.in/d3Zr4j6K A talk about the AI Bill of rights, Protect the public from Algorithms discrimination & 7 new AI research institutes & finally responsible innovation to fous on 1) Safety 2) Innovation and 3) Trust. Since the remarks AI-Related Tokens

CoinDesk article here https://lnkd.in/dgea5hGJ states AI-related tokens stumble after White House Executive Order as critics of Joe Biden’s action wonder if innovation could be stifled. Jeff Amico, Head of Operations for Gensyn Network & and former a16z partner mentioned via Twitter “It’s terrible for U.S. innovation,” https://lnkd.in/dV4yRcJ9

Spain dislikes CBDC
According to a recent survey, it appears that a significant 65% of Spaniards do not express a strong interest in utilizing the digital euro, highlighting a disparity in confidence between the general population and the government regarding the European Central Bank’s digital currency initiative. Results of a survey published by the Bank of Spain entitled “Study on the habits in use of cash” here https://lnkd.in/dVRSnKHz

BitGo in Germany
BitGo has received approval from the German Federal Financial Supervisory Authority (BaFin) for a cryptocurrency custody license. Germany has emerged as a prominent player in Europe for secure cryptocurrency storage, enacting legislation that fosters a favourable environment for banks and custody experts to manage digital assets and provide associated services. Info via Finance Magnates herehttps://lnkd.in/dVmec_BQ

Terraform Labs and their former CEO, Do Kwon, have filed a thorough Motion for Summary Judgment with the aim of swiftly dismissing the fraud allegations brought against them by the U.S. Securities and Exchange Commission They have vehemently denied these accusations, asserting their innocence and challenging the SEC’s legal standing and interpretation of the facts.

The attorney’s motion insists. “After two years of investigation, the completion of a discovery period that resulted in the taking of more than 20 depositions, and the exchange of over two million pages of documents and data, the SEC is evidentiarily no closer to proving that the defendants did anything wrong,”

Two UAE news
Madlads creator Backpack to launch licensed crypto exchange in Dubai
UAE’s Crypto Landscape Thrives as 59% Embrace Long-Term View: KuCoin Exchange Survey

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