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author

Wahid loves to write, especially about Digital Currency and Blockchain. He started his blogging journey in 2017 and turned to digital currency in 2019. Wahid is interested in tech, chess and DeFi. He aims to promote decentralization to everyone on the planet.

Article by Wahid Pessarlay

China’s Jinan city accepts digital yuan as payment for bus rides
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9 July, 2023

China’s Jinan city accepts digital yuan as payment for bus rides

The pilot will run from July 1 until September 30 and is designed to enable administrators to test-run a full-scale...
Denmark: Saxo Bank ordered to dispose digital currency holdings
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9 July, 2023

Denmark: Saxo Bank ordered to dispose digital currency holdings

EU's MiCA would allow financial institutions to hedge their assets, but the Danish Financial Supervisory Authority argues that the law...
Thailand: Digital currency firms banned from offering staking, lending services
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8 July, 2023

Thailand: Digital currency firms banned from offering staking, lending services

The new rules include a requirement for digital currency exchanges and brokers in Thailand to include warnings on the danger...
UK’s financial watchdog clamps down on digital currency promotion with new regulations
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8 July, 2023

UK’s financial watchdog clamps down on digital currency promotion with new regulations

VASPs in the U.K. have until October 8 to comply with the new rules laid out by the FCA, which...
China tightens rules in exporting metals used for AI chip-making
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8 July, 2023

China tightens rules in exporting metals used for AI chip-making

Export of certain gallium and germanium products requires a Chinese government-issued license with the addition of limits on the amounts...
Privacy policy update reveals Google will use public data to train AI models
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7 July, 2023

Privacy policy update reveals Google will use public data to train AI models

On a July 1 update, Google disclosed that its generative AI platform Bard and Cloud AI will rely on publicly...
Hong Kong speeds up blockchain adoption under new Web3 task force
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7 July, 2023

Hong Kong speeds up blockchain adoption under new Web3 task force

The newly minted task force involves key players from the government, private sector, and professionals from academia as they collaborate...
South Korea passes bill aimed at protecting consumers a year after Terra’s collapse
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7 July, 2023

South Korea passes bill aimed at protecting consumers a year after Terra’s collapse

The latest bill comes with severe consequences for breachers but pundits claimed that the regulation is stuck in the perspective...
US lawmaker calls for clear labeling of AI-generated content to curb misinformation
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7 July, 2023

US lawmaker calls for clear labeling of AI-generated content to curb misinformation

U.S. Senator Michael Bennet stresses a wide-scale industry collaboration is needed to curb the misuse of AI, beginning with clear...
United Nations Security Council targets AI threats in inaugural meeting
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6 July, 2023

United Nations Security Council targets AI threats in inaugural meeting

The AI meeting, which will be chaired by U.K. Foreign Secretary James Cleverly, will feature presentations from AI researchers on...
Singapore orders digital currency firms to keep customer funds ‘under statutory trust’
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6 July, 2023

Singapore orders digital currency firms to keep customer funds ‘under statutory trust’

Under the new measures, digital currency firms in Singapore are expected to "segregate customers' assets from its own assets and...
Tech executives slam EU’s AI regulation over stifling innovation
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5 July, 2023

Tech executives slam EU’s AI regulation over stifling innovation

The coalition argues that the proposed rules could force leading AI researchers out of the region, while the European Union...

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