Author: Cointelegraph By Savannah Fortis

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China to build giant AI chip factory to bypass US sanctions: Report

China seeks to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local industry, according to a report from the South China Morning Post (SCMP).  The usage of particle accelerators will help create new ways to produce a novel laser source. It is reported that the electron beam…
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Binance plans to delist stablecoins in Europe citing MiCA compliance

An executive at the cryptocurrency exchange Binance said in a public hearing with the European Banking Authority (EBA) that it plans to delist stablecoins for the European market by June 2024.  Marina Parthuisot, the head of legal at Binance France, said that since no project has yet to receive approval, “we are heading to a…
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Binance plans to delist stablecoins in Europe, citing MiCA compliance

An executive at cryptocurrency exchange Binance said in a public hearing with the European Banking Authority (EBA) that it plans to delist stablecoins for the European market by June 2024.  Marina Parthuisot, head of legal at Binance France, said that since no projects have yet been approved, “we are heading to a delisting of all…
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Friend.tech look-alike ‘Alpha’ emerges on Bitcoin network

The Bitcoin network got its own community-based social token ecosystem after a new project called Alpha emerged overnight.  As a decentralized social network protocol, Alpha is similar to the widely-known Ethereum-based platform Friend.tech. It allows users to monetize their online persona and content creation via its social tokens. ️Alpha α is officially here More than the @friendtech…
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Latvia central bank opens to fintech with ‘Innovation Hub’

Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate them.  While some countries like the United States and El Salvador have had a public relationship with adopting new technologies, others have quietly joined the game. Among these is Latvia, a small country located in the Baltics,…
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Hong Kong politician responds to Vitalik’s comments about crypto-friendliness

Johnny Ng, a member of the Legislative Council of Hong Kong, took to social media on Sept. 15 in response to comments made by Ethereum co-founder Vitalik Buterin about Hong Kong’s future “friendliness” toward cryptocurrencies.  Ng said he “sincerely invites” Buterin to visit Hong Kong to better understand the region. Additionally he said he would…
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El Salvador to introduce Bitcoin education in schools by 2024

The Ministry of Education of El Salvador and the non-profit, non-governmental organization Mi Primer Bitcoin/My First Bitcoin (MPB/MFB) partnered to add Bitcoin (BTC) education to public school curriculum by 2024.  John Dennehy, the founder of MPB confirmed to Cointelegraph that this is a project of the Ministry of Education that MPB is assisting, along with…
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The UK releases key ambitions for global AI summit

The United Kingdom released its five “ambitions” for its global artificial intelligence (AI) safety summit on Sep. 4, with a big focus on risks and policy to support the technology.  The summit, which will take place on Nov. 1-2, is anticipated to unite thought leaders from around the world, including academics, politicians and major tech…
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US regulators deny blocking AI chip exports to Middle East

The United States Department of Commerce said on Aug. 31 that the Biden administration has “not blocked chip sales to the Middle East,” according to a report from Reuters.  This comes after disclosures were revealed in a Nvidia report that the U.S. government had expanded requirements for export licenses for artificial intelligence (AI) chips. Advanced…
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US officials extend export curbs on Nvidia AI chip to ‘some Middle Eastern countries’

Regulators in the United States have asked Nvidia to curb exports of artificial intelligence (AI) chips to “some Middle East countries,” according to its latest quarterly report.  The report was released on Aug. 28, in which the company said the new regulations affect its A100 and H100 chips, which help enhance the speed of machine-learning…
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