Kyrgyzstan Launches Som-Pegged Stablecoin, Establishes National Crypto Reserve

Kyrgyzstan launched KGST, a stablecoin linked to its national currency, while simultaneously advancing a central bank digital currency pilot in one of the most comprehensive digital finance initiatives undertaken by a Central Asian country. On Friday, President Sadyr Japarov chaired a meeting of the National Council for the Development of Virtual Assets and Blockchain Technologies,…

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Can the Stablecoin Genius bill keep smart businesses on crypto?

Regardless of how the inauguration of the impact, innovations cannot exceed regulations forever, especially when this innovation occurs in the highly regulated space of payments and financial services. Enter the humble Stablecoin, which now has a growing list of regulatory frameworks focused on the guarantee of its nominal stability attracting attention to Capitol Hill. Stablecoins,…

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Trump exempts the co-founder of Bitmex in a case of money laundering.

President Donald Trump delivered complete pardons to the three co-founders of Crypto Exchange Bitmex on March 27, efforcating their names for years after admitting to having violated American anti-balance laws, CNBC reported. Arthur Hayes, Benjamin Delo and Samuel Reed, who launched Bitmex in 2014, had each pleaded guilty to accusations under the Bank Secrecy Act….

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AI Models Increase Political Polarization

Throughout history, the advent of each revolutionary technology inaugurated an era of optimism – only and then transport the destruction seeds. In the Middle Ages, the printing house allowed the spread of Calvinism and an extended religious freedom. However, these in -depth religious cleavages have also led to the Thirty Years War, one of the…

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