Microsoft seems to be getting ready for a new hardware release. As spotted by X (formerly Twitter) account Xbox News for Koreans (via GamesHorizon), a new Xbox development kit has seemingly been certified by South Korea’s National Radio Research Agency. The certification essentially allows the hardware to be used in the country.
Elizabeth Warren Warns North Korea Is Financing Nuclear Missiles With Crypto
29.02.2024 - 01:41 / wccftech.com / Ramish Zafar
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
With Bitcoin having delivered double-digit percentage gains this year and the broader cryptocurrency sector enjoying favorable tailwinds in the form of greater retail access, Senator Elizabeth Warren (D-MA) has stressed once again that the popular alternative finance medium needs to be brought on the same regulatory footing as traditional entities such as banks and money transfer agencies. She spoke on various topics in a talk with journalists from Bloomberg yesterday and shared that scrutiny of cryptocurrencies is essential since nefarious elements have used them to destabilize the world and evade the law.
Senator Warren Stresses That Banks, Credit Unions, Gold Traders, Stock Brokers and Others Follow The Same Set of Rules
Since cryptocurrency is quite a younger phenomenon when compared to financial metals such as gold or established banks like JPMorgan, its meteoric rise, along with advances in chip fabrication, has been unforeseen. While it offers the same benefits as a typically liquid currency or asset, the source of funds piled into currencies such as Bitcoin becomes harder for law enforcement agencies to track.
Related Story Here Come New All-Time Highs: Spot Bitcoin ETFs Are Now Attracting More Trades Than the SPY or the QQQ
In her talk with Bloomberg Television yesterday which was aired late evening Eastern time, the senator from Massachusetts stressed that her only aim is to ensure that cryptocurrency and its associated entities are brought on the same "level playing field" as other financial mediums, such as banks, credit unions and gold traders. According to her, this would allow criminal elements, the likes of terrorists and human traffickers, to be unable to use cryptocurrency for their crimes.
Bitcoin's sharp price rise in 2024 has been accompanied by various finance sector professionals commenting on it. JPMorgan's Jamie Dimon created ripples in January when he likened Bitcoin to a "pet rock", while the well known British pound short seller billionaire Stanley Druckenmiller worried in late 2023 that while he didn't own any Bitcoin, maybe he should have bought some.
The Senator commented:
She added that anyone who wants to help achieve this level playing field is welcome to provide a set of solutions.
Her bill is the Digital Asset Anti-Money Laundering Act, and while it has garnered support from Wall Street, the Chamber of Digital Commerce criticized the legislation last year for placing "impractical" and "unworkable compliance burdens" on the cryptocurrency industry.
The website gametalkz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Authors
Popular Topics
videogameschronicle.com
18.03.2024 / 20:51
A new Xbox dev kit has reportedly been certified in South Korea
A new Xbox development kit has reportedly been certified in South Korea.
wccftech.com
17.03.2024 / 11:03
Galaxy S25 Rumored To See ‘Significant’ Design Changes, Starting With Increasing The Display Size Of The Base Model
The past few Galaxy S series launches have likely made consumers feel that Samsung lacks the motivation to bring any drastic design changes to its flagship family. Fortunately, one tipster notes that after several generations, the company is finally bringing an aesthetic shift to the Galaxy S25, starting with the base model, whose display size is said to be increased compared to the current-generation Galaxy S24.
droidgamers.com
11.03.2024 / 15:04
After The Japanese Servers, CounterSide SEA Set To Merge With The Global Server
CounterSide SEA server is set to merge with the global server soon. We kind of saw it coming after Japan did the same thing last year. The CounterSide SEA server was run by ZlongGames till now. This strategic decision kicks off on May 16, 2024. Keep reading to get the full scoop!
wccftech.com
11.03.2024 / 11:34
SMIC Rumored To Be Setting Up An Internal Research And Development Team To Kick Off Work On The 3nm Process Within The Year
After SMIC was reportedly setting up chip production for Huawei to start mass production of 5nm wafers later this year, China’s biggest semiconductor manufacturer is now rumored to be assembling a team dedicated to 3nm chip development. For obvious reasons, the company will seek aid to help achieve this monumental goal and, in the process, obtain complete autonomy from foreign companies and the tight grip that the U.S. has on them.
videogameschronicle.com
10.03.2024 / 13:11
Silent Hill 2 has been rated in Korea
Silent Hill 2 has been rated in Korea.
eurogamer.net
09.03.2024 / 20:43
Silent Hill 2 Remake has been rated in Korea
Silent Hill 2 Remake has been rated in Korea.
gameranx.com
06.03.2024 / 20:37
The First Berserker: Khazan Wows with New Gameplay Trailer
During today’s Xbox Partner Preview, audiences were treated to two minutes of gameplay footage from The First Berserker: Khazan. The bloody action RPG was first revealed in December 2023 and is being developed by Korean studio Neople, best known for their multiplayer RPG Dungeon Fighter Online.
wccftech.com
05.03.2024 / 15:00
Samsung’s Cutting-Edge 2nm Process Could Just Be The Korean Giant’s Second-Generation 3nm Node With A Changed Name
Samsung has been reported on a few occasions to be struggling with its 3nm GAA yields, and while the logical move might have been to find ways to improve that percentage, the Korean foundry is making a monumental leap towards mass producing its 2nm node. However, according to one update, the company is not actually pursuing the production of 2nm wafers but has labeled its second-generation 3nm technology with the same name. Naturally, this can cause confusion for Samsung’s clients and mislead them into thinking that they are receiving wafers on a cutting-edge manufacturing process.
polygon.com
01.03.2024 / 20:57
The 5 best Korean dramas to stream on Netflix this spring
Have we finally entered the Netflix K-drama era where everything is a sequel or a spinoff? No — there are still quite a few original K-dramas making their way to our Netflix queues this coming spring, from the wacky comedy of Chicken Nugget to an all-new romance from the writer of Hallyu classic Crash Landing on You.
wccftech.com
29.02.2024 / 10:59
Snapdragon 8 Gen 4 Rumored To Be Finalized In April, With 4+ GHz Clock Speeds, OC Variants Possible; New Adreno 830 GPU, AI, DSP Details Shared
Qualcomm is apparently on track to supply its phone partners with the Snapdragon 8 Gen 4 just in time for the company to make the flagship chipset’s announcement in October. The latest rumor doing the rounds claims that the SoC will be finalized in April, with samples expected to be shipped to OEMs by June. This should give companies sufficient time to ready their high-end smartphones for next year with Qualcomm’s first 3nm silicon. The rumor also dives into the Snapdragon 8 Gen 4 specifications, which we will discuss at length here.
gamerant.com
24.02.2024 / 21:53
Twitch Gets Hit With Huge Fine from South Korea
Streaming giant Twitch has been fined over $300,000 by the South Korean government for violations of federal law, as the platform prepares to terminate its services in the country. Twitch is ending service in South Korea on February 27, and this massive fine has once again raised eyebrows in response to the streaming service's decision.