#government
181 articles found
Latest
The Philippines’ Bureau of the Treasury collaborates with the nation's central bank to use digital currency (CBDC) for the sale of tokenized government securities. This week, the government successfully raised $271 million through tokenized one-year bonds. 
On Wednesday, U.S. lawmakers introduced a bill that prohibits federal government officials from engaging with Chinese blockchain companies, reflecting the U.S. government’s ongoing concerns regarding Chinese involvement in the cryptocurrency sector. 
The Spanish government has announced its intention to adopt the European Union's comprehensive crypto framework (MiCA) at the national level, moving up the implementation timeline by six months. This expedited schedule is driven by the need to establish legal clarity and enhance investor protection in the cryptocurrency sector, as stated by the country’s officials. Crypto Regulations in Turkey
Turkey might very well be described as a sanctuary for those trading in cryptocurrency, though this status may not last much longer. The Turkish government has proclaimed that starting in 2024, individuals engaging in virtual asset transactions will be subject to taxation, though this is not the first instance such intentions have been voiced. 
The Central Intelligence Agency of the United States is gearing up to release a ChatGPT-style application aimed at assisting analysts in swiftly and efficiently processing data from open sources.
"We’ve gone from newspapers and radio, to newspapers and television, to newspapers and cable television, to basic internet, to big data, and it just keeps going," remarked Randy Nixon, the head of the CIA's intelligence division.
This initiative is part of a broader government strategy to harness artificial intelligence for the purpose of effectively countering China in the realm of AI-related matters.
Furthermore, the CIA has declined to comment on the specific model it intends to employ in its application. Japan Allows Fundraising Through Cryptocurrencies
In an innovative update to its regulatory framework, Japan has made a significant move to modernize startup financing. The nation's government has decided to allow businesses to attract investors using their own cryptocurrencies, breaking from the traditional reliance solely on shares. 
In a recent courtroom confession, Ryan has agreed to pay a $6 million fine to the US government, reimburse FTX creditors with $5 million, and forfeit two Massachusetts properties along with his Porsche. The former FTX executive admitted to illicit campaign financing and running an unlicensed money transfer business. “I made $10 million in political contributions and called them loans, which I never intended to repay,” said Salame. He could face up to 10 years in federal prison. AI in Healthcare: The UK's Latest Financial Endeavor
In the world of artificial intelligence and robotics, healthcare stands out as a priority for numerous investors and researchers. The British government is no different. They've dedicated £13 million towards investigating AI applications in healthcare. 
In an effort to modernize public services, the UK government plans to introduce artificial intelligence in sectors like security, education, and healthcare, targeting the reduction of routine, time-consuming tasks. This approach is set to refocus employees on their key responsibilities. 
Kenya’s interior cabinet secretary Kithure Kindiki stated that individuals attempted to exit the country but were detained.
However, the U.S. government stepped in, asserting they should be permitted to depart since they hadn’t been formally convicted of any wrongdoing.
The U.S. further promised to ensure their return if needed for legal proceedings.
The committee probing Worldcoin has until September 28 to submit its findings.
It’s interesting to note that last week, Sam Altman was seen in a private meeting with Kenya’s President William Ruto and some other individuals. 
Official web portals from various jurisdictions, including India, Nigeria, Egypt, Colombia, Brazil, and Vietnam, are funneling users to a bogus MetaMask website. Visitors receive a phishing warning from Microsoft Defender the moment they access the site. Ignoring this alert and connecting one's MetaMask could result in catastrophic loss of funds.The fraudulent website is depicted beside the authentic one in a screenshot. 