Lawmakers didn’t reach a consensus between political parties on a stablecoin bill, as one witness warned this lack of regulatory clarify could drive certain projects abroad. United States lawmakers discussed the role of stablecoins in a committee hearing, but some experts expressed concern about the country’s regulatory environment. In an April 19 hearing of the...Continue Reading

A European economist has found that a digital euro would be a problem without a solution; just wait and see, he suggested. An analytical paper released by the European Parliament Committee on Economic and Monetary Affairs has given the digital euro a mixed review. The title of the paper summed up its position: “Digital Euro:...Continue Reading

Cointelegraph went to the NFT.NYC event in New York and learned how industry leaders feel about the state of play-to-earn gaming. In this week’s newsletter, read about how Mastercard launched an accelerator program for musicians powered by nonfungible tokens (NFTs), and how online safety groups urged Meta to refrain from allowing minors into its new...Continue Reading

Bitcoin and select altcoins turned down sharply on April 19 but a minor positive is that the bulls are trying to defend their respective support levels. Bitcoin (BTC) has been witnessing volatile moves in the past three days. The pick-up in volatility shows that the buyers and sellers are vying for supremacy.  Bitcoin recovered sharply...Continue Reading

StabilityAI announced the launch of StableLM, a suite of open-source large language models. The large language model sector continues to swell as StabilityAI, maker of the popular image-generation tool Stable Diffusion, has launched a suite of open-source language model tools. Dubbed, StableLM, the publicly-available alpha versions of the suite currently contain models featuring three and...Continue Reading

Italian regulators say ChatGPT must meet local and GDPR privacy regulations by April 30, but AI experts say the model’s architecture makes such compliance almost impossible. OpenAI may soon face its biggest regulatory challenge yet as Italian authorities insist the company has until April 30 to comply with local and European data protection and privacy...Continue Reading

A Singapore-based fund manager will purchase Mawson Infrastructure Group’s Texas subsidiary and said it will participate in the state energy grid’s load response program. Crypto mining firm Mawson Infrastructure Group will be exiting Texas following an $8.5-million sale of its local subsidiary as well as lease agreements and contracts related to operating in the state....Continue Reading

The so-called on-chain management protocol gives non-U.S. accredited investors access to one-month U.S. Treasury yields. Crypto lender Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities. According to an Apr. 19 post, Maple Finance has launched a new Cash Management Pool for institutional Web3 investors to access U.S....Continue Reading

Chairman of the Belarusian national bank Pavel Kallaur said a decision on a CBDC would be made “at the level of head of state” after consultations. The National Bank of the Republic of Belarus has prepared a pilot program for a central bank digital currency (CBDC), according to the official BelTA news agency. The country...Continue Reading

“There are no refunds. All sales of Trump Digital Trading Cards are final,” developers wrote. A second collection of nonfungible tokens (NFTs) licensing the name and image of former United States President Donald Trump sold out on Apr. 19, one day after its initial launch. The collection featured 47,000 Trump digital collectibles priced at $99...Continue Reading