United States

Cambodia’s central bank uses CBDC to stifle dollarization of local economy
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13 August, 2024

Cambodia’s central bank uses CBDC to stifle dollarization of local economy

Riel payments via Bakong are up by over 50% since the launch of the offering, encouraged by several government initiatives...
This week in AI: Elon Musk pressured to fix Grok mess, OpenAI exec joins Anthropic, Palantir secures partnerships
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10 August, 2024

This week in AI: Elon Musk pressured to fix Grok mess, OpenAI exec joins Anthropic, Palantir secures partnerships

This week in the AI, observers saw U.S. authorities dash to fix the chaos caused by Elon Musk's Grok, OpenAI's...
NYAG outlines benefits and risks of AI in anticipation of potential regulation
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9 August, 2024

NYAG outlines benefits and risks of AI in anticipation of potential regulation

Key benefits included AI’s application in the healthcare sector and the streamlining of administrative tasks, while possible risks include algorithmic...
Trump family doubling down on ‘crypto’ cash as rival Harris surges in polls
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9 August, 2024

Trump family doubling down on ‘crypto’ cash as rival Harris surges in polls

As election fever takes hold, the Trump family seems to be finding ways to get more cash by hinting at...
New bill pushes blockchain use in US Veterans Affairs
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9 August, 2024

New bill pushes blockchain use in US Veterans Affairs

Rep. Nancy Mace introduced a bill that pushes the U.S. Department of Veterans Affairs to explore how blockchain can enhance...
‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action
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9 August, 2024

‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action

The Fed Board hit Customers Bank with an enforcement action after results of inspections carried out by the central banking...
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