House Subcommittee Hearing Highlights Risks and Opportunities of AI and Digital Assets in Financial Sector

The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion recently held a significant hearing to address the impact of new technologies on the financial sector. Representatives from federal agencies, including the Federal Reserve, SEC, and OCC, testified about the increasing influence of digital assets, distributed ledgers, and artificial intelligence (AI). The hearing […]

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Swiss Fintech Startup Findependent Obtains Finma License as Asset Manager

Swiss fintech startup Findependent has obtained the necessary license from the Swiss Financial Market Supervisory Authority (FINMA) to operate as an asset manager. This license, which will be valid from November 21st, allows Findependent to continue offering its investment app to customers. The company recently expanded its reach by adding French and English language versions […]

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Swiss Fintech Startup Findependent Obtains Finma License as Asset Manager

Swiss fintech startup Findependent has obtained the necessary license from the Swiss Financial Market Supervisory Authority (FINMA) to operate as an asset manager. This license, which will be valid from November 21st, allows Findependent to continue offering its investment app to customers. The company recently expanded its reach by adding French and English language versions […]

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Lugano Introduces Cryptocurrency Payments for Taxes and Fees

Lugano, a city in Switzerland, has expanded its payment options by accepting Bitcoin (BTC) and Tether (USDT) for the payment of tax bills and other municipal fees. This move comes as part of Lugano’s “Plan B” to utilize Bitcoin technology and blockchain for the transformation of the city’s financial system. The payment solution is being […]

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Lugano Introduces Cryptocurrency Payments for Taxes and Fees

Lugano, a city in Switzerland, has expanded its payment options by accepting Bitcoin (BTC) and Tether (USDT) for the payment of tax bills and other municipal fees. This move comes as part of Lugano’s “Plan B” to utilize Bitcoin technology and blockchain for the transformation of the city’s financial system. The payment solution is being […]

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Scaling Generative AI in Banking: Challenges and Opportunities

The banking sector is recognizing the potential of generative artificial intelligence (Gen-AI), according to a study by McKinsey. Executives in the industry believe that Gen-AI will fundamentally change the way they do business. However, scaling these projects presents new challenges. Banks need to determine how and where to effectively use AI and ensure that the […]

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Scaling Generative AI in Banking: Challenges and Opportunities

The banking sector is recognizing the potential of generative artificial intelligence (Gen-AI), according to a study by McKinsey. Executives in the industry believe that Gen-AI will fundamentally change the way they do business. However, scaling these projects presents new challenges. Banks need to determine how and where to effectively use AI and ensure that the […]

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Lugano, Switzerland Embraces Bitcoin and Tether for Tax Payments

Lugano, a city in Switzerland, has expanded its payment options for taxes and community fees to include cryptocurrencies such as Bitcoin (BTC) and Tether’s USDT stablecoin. This new initiative allows citizens and institutions to settle invoices issued by the city using these digital currencies. Previously, crypto payments in Lugano were limited to transactions made on […]

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Lugano, Switzerland Embraces Bitcoin and Tether for Tax Payments

Lugano, a city in Switzerland, has expanded its payment options for taxes and community fees to include cryptocurrencies such as Bitcoin (BTC) and Tether’s USDT stablecoin. This new initiative allows citizens and institutions to settle invoices issued by the city using these digital currencies. Previously, crypto payments in Lugano were limited to transactions made on […]

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Lugano Becomes First Swiss City to Accept Bitcoin and Tether for Municipal Payments

The city of Lugano in Switzerland has announced that it will now accept Bitcoin and Tether as a means of payment for taxes and other community fees. This move is part of Lugano’s Plan B, a collaborative effort with Tether to transform the city’s financial system using Bitcoin technology. Lugano residents can pay their invoices […]

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