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China is following Facebook’s playbook to issue a centralized digital currency

China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports. дальше »

2019-9-6 15:44


Humans and AI will work better when they start learning from each other

In the age of big data and breathtaking advances of artificial intelligence, social infrastructure promotes digital engagement and active presence. Digital democracy propagates the participation of a growing number of users to interact with institutions and services, ensuring that decisions made by AI-powered digital tools reflect human values. дальше »

2019-7-5 15:22


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AICPA to Update Auditing Rules to Reflect Blockchain and New Technologies 

The Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA), has announced plans to update the existing auditing standards to reflect the impact of new technologies such as distributed ledger technology (DLT), robotic process automation (RPA), artificial intelligence (AI) and others on the rapidly evolving technical audit industry, according to aRead MoreRead More. дальше »

2019-6-26 05:00


Stock Indexes Do Not Reflect Economic Reality, Will it Boost Bitcoin Sentiment?

A survey of fund managers, conducted by Bank of America Merrill Lynch, found pessimism at a level not seen since the last financial crisis. The on-going trade war and the expectation of an incoming global recession are driving fears of an economic collapse, which may strengthen the image of bitcoin as an uncorrelated asset. дальше »

2019-6-19 19:23


FATF Orders Lawmakers To Expand Crypto Terminology On Federal Bill, Delays Adoption Of Regulations

FATF Orders Lawmakers To Expand Crypto Terminology On Federal Bill, Holding Up Adoption Of Regulations Adoption of cryptocurrency regulations has been postponed in Russia. FATF requires the terminology be changed to reflect major industry phrases like “Bitcoin” and “cryptocurrency. дальше »

2019-5-21 22:12


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Op Ed: A Summary of

In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »

2019-5-18 22:14