Crypto News
Bitcoin Traders Divided on Near-Term Price Rise After Jackson Hole
An increase in buying of call spreads amid selling of Bitcoin call options with a strike of $100,000 points to cautious optimism, QCP noted.Source link
MIT Research Unveils AI’s Potential in Safeguarding Critical Infrastructure
MIT's new study reveals how large language models (LLMs) can efficiently detect anomalies in critical infrastructure systems, offering a plug-and-play solution. (Read More)Source link
Russia Set to Launch Crypto Payment Trials Next Week, Report
Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve the National Payment Card System and could lead to the establishment of crypto trading platforms if successful. Legislation was recently passed to legalize crypto mining andSource link
RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach
The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and the necessity for robust governance. He emphasized the importance of gradual central bank digital currency (CBDC) rollout and data-driven insights from pilot programs. RBI Governor Warns of Challenges in DigitalSource link
Russia Seeks Clarification From France on Telegram CEO Pavel Durov’s Arrest
The Russian Foreign Ministry has disclosed that its embassy in France has sought clarification on the detention of Telegram CEO Pavel Durov. The embassy stated that it aims to protect his rights, but France has been uncooperative. Durov’s arrest has sparked controversy, with Russian officials labeling him a political prisoner. Russia Seeks Answers on TelegramSource link