“Switzerland-based startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to set up a bank offering cryptocurrency-related services, Reuters reported September 26. SEBA is reportedly headed by former UBS bankers — Guido Buehler as chief executive and Andreas Amschwand as chairman — and plans to apply for a banking and securities
U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, will convene a hearing titled “Examining Safeguards for Consumer Data Privacy,”at 10:00 a.m. on Wednesday, September 26, 2018. This hearing will examine privacy policies of top technology and communications firms, review the current state of consumer data privacy, and offer members the opportunity to
As the U.S. and China struggle for dominance in artificial intelligence, they are locked in a parallel, behind-the-scenes race to master quantum technology, a contest that could result in lasting military superiority and a possible new industrial revolution. The big picture: Though still far off, conquering quantum technology could result in
“A new survey shows that three of the biggest reasons stalling blockchain adoption in businesses are cost, not knowing how to start, and lack of governance. Other reasons, such as users not seeing the benefits, audit/compliance demands and regulator discomfort are another big part of a slow rate of adoption.
China’s top legislators on Friday passed an e-commerce law aimed at improving regulation of the flourishing market. It was adopted after a fourth reading at the bimonthly session of the Standing Committee of the National People’s Congress (NPC) that ended Friday. The law, which is set to “protect legal rights and interests of
“President Donald Trump’s trade war with China looks increasingly like it could be a long-term reality, as the countries on Thursday wrapped up two days of talks in Washington without any sign of a major breakthrough. “We appreciated the Chinese delegation coming to the United States to participate in these