Coinbase wird in der EU zukünftig nur noch solche Stablecoins ins Angebot nehmen, die die Vorgaben der MiCA erfüllen, was auch für große Player wie USDT zum Problem werden könnte.
IMF recommends El Salvador to limit the public’s exposure to Bitcoin
- The IMF wants El Salvador to limit “public sector exposure to Bitcoin”
- The financial agency’s remarks follow an August statement, which talked about “mitigat[ing] the risks from Bitcoin”
The International Monetary Fund (IMF) has recommended that El Salvador reduce the scope of its Bitcoin law and limit the public’s exposure to Bitcoin.
During a press conference, IMF spokesperson Julie Kozack said:
“What we have recommended is a narrowing of the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.”
Kozack added that the IMF continues talking with El Salvador and that “addressing risks arising from Bitcoin is a key element of these discussions.”
The Central American country is no stranger to the IMF’s views on its use of Bitcoin. Notably, the issue goes back to 2021 when El Salvador made Bitcoin legal tender. Following its official adoption, the IMF released a statement in November 2021 “recommend[ing] narrowing the scope of the Bitcoin law” while “strengthening the regulation and supervision of the new payment system.”
This was again called for in January 2022 when the IMF advised El Salvador to reconsider its decision on Bitcoin as the country’s legal tender.
More recently, the IMF released a statement in August that focused on, among other things, the need to “mitigate the risks from Bitcoin.” However, the financial agency did note that while “many of the risks have not materialized, there is joint recognition that further efforts are needed to enhance transparency..” in Bitcoin.
Still committed to Bitcoin
Despite these remarks from the IMF and the continued back-and-forth, El Salvador remains unchanged in its mission to see Bitcoin rise in the country.
However, while the government is keen to see adoption numbers rise, Nayib Bukele, El Salvador’s pro-Bitcoin president, knows more work needs to be done. In a recent interview with TIME magazine, Bukele admitted that his Bitcoin strategy for El Salvador had been “net positive,” but it hasn’t witnessed the “widespread adoption” they hoped for.
Despite this, Bukele remains committed, even going so far as to buy additional Bitcoin when the price drops. The country also promised to use the profit it makes from its Bitcoin Trusts to build 20 schools as it works at making crypto more appealing to its citizens.
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„Jeder Memecoin ist ein Rug-Pull“ – Mark Cuban kritisiert Scherz-Kryptowährungen
Obwohl Memecoins im Jahr 2024 so stark sind wie selten, übt Mark Cuban massive Kritik an der Anlageklasse und sieht in den Scherz-Kryptowährungen nur langfristige Betrugsprojekte.
0G transforms into the world’s first Decentralized AI Operating System (dAIOS)
- 0G has transitioned into a Decentralized AI Operating System (dAIOS).
- Initially, OG was a leading modular AI blockchain.
- 0G aims to democratize AI as a public good, attracting interest across various sectors.
On October 1, 2024, 0G announced a groundbreaking shift in its identity, evolving from a leading modular AI blockchain to the world’s first Decentralized AI Operating System (dAIOS).
This transformation underscores 0G’s commitment to decentralizing artificial intelligence and providing users with complete control over their data while promoting transparency, monetization, and incentive alignment.
Decentralizing AI workflows
In today’s highly centralized AI landscape, data ownership and decision-making processes often lack clarity. 0G aims to change that by leveraging blockchain technology to coordinate distributed hardware resources such as storage, computation, and data availability.
This innovative approach enables scalable, transparent, and auditable AI infrastructures that integrate seamlessly into various workflows.
The architecture of 0G comprises modular components including 0G Storage, 0G Data Availability (DA), and 0G Serving. Each of these components is designed to cater to distinct aspects of AI workflows, facilitating efficient management of vast data loads and real-time interaction with decentralized AI applications.
For instance, 0G Storage utilizes erasure coding to secure data while maintaining accessibility, all managed by incentivized miners through a unique consensus mechanism known as Proof of Random Access (PoRA).
With throughput speeds of 50 GB/second, 0G is positioned to outperform competitors by a staggering 50,000 times at 100 times lower cost. This capability makes on-chain AI applications feasible, addressing critical issues such as ownership, transparency, monetization, and alignment that plague centralized AI systems.
0G’s mission is to democratize AI
Looking ahead, 0G’s mission is to democratize AI as a public good, fostering an extensive ecosystem that encompasses various sectors including gaming and decentralized finance (DeFi).
The platform’s rapid scalability and efficient data management solutions are already attracting significant interest from key players in the Web3 space.
As 0G continues to advance its dAIOS infrastructure, it stands at the forefront of the decentralized AI revolution, committed to reshaping the future of technology and data management.
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Kryptomarkt: Binance warnt vor Überbewertung und zu hoher Zentralisierung
Ein neuer Binance-Bericht mahnt, dass die zunehmende Zentralisierung von Token-Vermögen und die Überbewertung von Krypto-Projekten zu Instabilität auf dem Kryptomarkt führen könnte.