SEC Chairman Gensler Says Most Crypto Assets Are Not Securities

Gensler told his students this during a course at MIT The current chairman of the SEC categorized three-quarters of the crypto-asset market as commodities and fiat In 2018, Professor Gary Gensler taught a course for MIT students called "Blockchain and Money". ...

Automakers Fiat and KIA Look to Metaverse and Chatbot ChatGPT to Revolutionize Sales Market

Automotive companies KIA and Fiat are looking to revolutionize the sales market using cutting-edge technology such as the metaverse and chatbot ChatGPT. In a bid to boost sales, Fiat has incorporated AI support into its virtual dealerships, as reported by Axios citing technical developer Touchcas ...

USDC Stablecoin Redemption Amounts to $6 Billion, Circle Reports

According to data from the analytical platform CryptoCompare, users are actively redeeming USD Coin (USDC) to Circle, with a total of $6 billion worth of stablecoins exchanged for fiat. Although Circle, the issuer of USDC, claims to fulfill all withdrawal requests promptly, representatives from t ...