In an unexpected turn, California Governor Gavin Newsom decided not to sign the SB 1047 bill that aimed to regulate high-risk artificial intelligence (AI) models. The governor had concerns about the bill's lack of specific safety details. Instead of approving it, he chose to collaborate with AI expe
Cryptocurrency firm Circle made a big move on Monday. It got registered as an electronic money institution, or EMI, in France. This new license allows Circle to issue its stablecoins in compliance with the European Union's strict crypto rules. These rules are part of something called MiCA, which sta
The IRS has finally released their long-awaited tax reporting guidelines for digital assets. This means crypto investors need to get ready, as changes are coming soon. Starting in 2026, brokers will have to report gross proceeds from sales made in 2025 using a new form called 1099-DA. A year later,
Big Tech companies like Meta are playing a dangerous game of double standards when it comes to free speech. They claim to be neutral platforms while actively promoting or censoring content, all the while hiding behind Section 230 of the Communications Decency Act for protection from litigation and o
In the heart of progressive San Francisco, a unique event unfolded on a June evening: a high-stakes Republican fundraiser at venture capitalist David Sacks' mansion. The guest of honor? Former President Donald Trump, who pledged to loosen crypto regulations if elected in November. Trump promised to
Bitcoin investors have been buzzing lately. Why? Because some analysts think a Trump win could be great for the cryptocurrency. You see, Trump recently picked Ohio Senator JD Vance as his running mate. Vance is a big fan of crypto, owning at least $100,000 worth of bitcoin himself. This move has giv
Cryptocurrencies have been gaining popularity since Bitcoin hit the scene in 2009. While some people use them for quick, low-fee transactions, others hope to make a profit when the market booms. But what are the lesser-known benefits of crypto? Let's dive in! Speedy Transfers Businesses lov
Vitalik Buterin, co-creator of Ethereum, recently warned against voting for political candidates solely because they support cryptocurrency. He stressed that politics is complex and voting based only on a "pro-crypto" stance can lead to unintended consequences. Even governments like Russia have show
At the Bitcoin 2024 Conference in Nashville, Tennessee, former President Donald Trump made a surprising promise. He vowed to turn the U.S. into the world's crypto capital and Bitcoin superpower if he wins the next election. Trump plans to create a 100-day council to draft clear regulatory rules for
Former U.S. President Donald Trump has shared a bold plan to turn the country into a global leader in cryptocurrency. Speaking at the Bitcoin 2024 Conference in Nashville, Tennessee, Trump emphasized the importance of making the U.S. the "crypto capital of the planet and the bitcoin superpower of th
