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White House’s AI Safety Order Leads to Slide for AI Tokens


President Joe Biden’s recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence has impacted the cryptocurrency market, with AI-related tokens dipping in value. The White House’s Executive Order introduces a regulation framework...

Biden Administration Issues Landmark AI Executive Order


United States president Joe Biden has issued an executive order to establish new rules and standards that artificial intelligence (AI) companies will have to follow to secure the leadership of America in the field. The executive order also ostensibly seeks to protect the privacy of citizens...

Binance Appoints New Regional Head for Eastern Europe and Central Asia


Binance’s General Manager for Central and Eastern Europe, Kyrylo Khomiakov, will take responsibility for Central Asia as well. His promotion comes after the crypto exchange’s top executives in the region left the company last month, part of a string of executive exits at Binance this year. Kyrylo...

Kraken Appoints Fintech Entrepreneur Bivu Das as New UK Managing Director


Kraken appoints Bivu Das, an ex-Starling Bank executive, as a UK corporate representative to drive business expansion in the strengthening UK regulatory environment. On October 27, the prominent cryptocurrency exchange Kraken announced that Bivu Das, a fintech entrepreneur and former Starling Bank...

Binance Executives in UK and France Leave Crypto Exchange


Another two executive departures, in the United Kingdom and France, have extended a string of managerial exits at Binance this year. They come as the leading cryptocurrency exchange faces continued regulatory pressure in a number of jurisdictions in Europe and beyond. Binance U.K., Bifinity...

Bitcoin Spot ETF Approval Likely to Trigger Buying Rally: EY Executive


The surge in demand for Bitcoin among institutional investors is set to hit new heights, particularly if a spot Bitcoin exchange-traded fund (ETF) is approved in the coming months, according to an Ernst & Young executive. In a CNBC’s StreetSigns special appearance, Ernst & Young executive Paul...

Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates


Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to the latter half of next year. Bank of America Boss...

Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars


Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people who are not necessarily our clients but might afford...

JPMorgan CEO Warns of ‘Most Dangerous Time the World Has Seen in Decades’


JPMorgan Chase CEO Jamie Dimon has warned of “the most dangerous time the world has seen in decades.” The executive explained that “the war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical...

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