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Binance’s CZ Suggests Best Way To Protect US Dollar Dominance

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Also Read: Harvard Professor: US Fed ‘Pause’ In June Meet; But There’s A Catch advertisement The CFTC had in March 2023 sued crypto exchange Binance over “wilful evasion of US law,” in the midst of a flurry of various other enforcement actions by the U.S. Securities and Exchange Commission (SEC) against crypto businesses. How The US Can Protect Dollar Dominance Speaking at an “Ask Me Anything” event hosted by Binance on Wednesday, the CEO said the US does not want to lose the US Dollar dominance globally. The United States is a large government with multiple departments looking into the financial sector and different people in the government may have different views, he explained. However, he said adopting the web 3.0 space could actually help the United States ’ cause, in contradiction to the apparent fear of losing relevance if crypto is regulated. In addition, CZ said the US banking giants feel thre...

Binance Unveils Bicasso, an AI-Powered NFT Generator

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Binance has established its authority and presence in the cryptocurrency realm since its inception. With the popularity of artificial intelligence on the rise, Binance has jumped on the bandwagon to make the most of the popularity of AI. Recent times have witnessed a surge in AI image-generating platforms where users upload an image to generate different images of the same person in creative ways. Apart from the hype of ChatGPT, these AI-powered image-generating websites definitely held traction. Also read: Ripple CLO Says Gensler Must Refrain From Voting on Any Enforcement Case According to the latest details from Binance CEO Changpeng Zhao , Binance has unveiled a new platform called Bicasso . The platform generates NFT profile pictures based on the images provided to it. JUST IN: #Binance launches AI NFT generator beta version named Bicasso. pic.twitter.com/bEjS4jYPno — Watcher.Guru (@WatcherGuru) March 1, 2023 Will Binance’s Bicasso be the end of ot...