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Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
13.9.2023
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems
Federal Reserve Governor Hints at More Interest Rate Hikes
8.8.2023
Federal Reserve Governor Michelle Bowman says additional interest rate increases will likely be needed to get inflation on a path down to the Fed’s target. “I will also be watching for signs of slowing in consumer spending and signs that labor market conditions are loosening,” the...
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
28.8.2022
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary...
What Doors Would Loosening Egypt’s Crypto Restrictions Open?
30.5.2019
Reportedly, Egypt may loosen its restrictions on cryptocurrency with the new banking law draft designed for the Central Bank of Egypt (CBE). If the law is implemented, it would ban creating, trading, and promoting only those cryptocurrencies and crypto platforms that do not obtain the necessary...