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Elon Musk’s GSAi chatbot is right now revolutionizing government automation through its implementation in federal agencies. This artificial intelligence tool, developed by Musk’s company DOGE, has currently spearheaded a transformation within the U.S. General Services Administration by catalyzing streamlined operations and also enhancing the federal workforce productivity across various major departments. Also Read: BRICS: Russia & Iran Announce New Deal to Boost Trade Innovative AI Solutions Revolutionize Federal Operations and Workforce Source: Watcher Guru GSAi Deployment and Capabilities The Elon Musk GSAi chatbot successfully integrates within the General Services Administration and currently functions at optimal capacity. According to Binance News, this artificial intelligence solution performs numerous significant tasks such as drafting emails, preparing speech points, summarizing texts, and coding . The system also analyzes contracts and procurement data, significant...

The U.S. government is one of the world’s largest Bitcoin (BTC) holders. From time to time, the United States moves part of its BTC holdings, usually due to settlements and sell-offs, recently spending over $2 billion worth of Bitcoin. However, there is no consensus on how much Bitcoin the U.S. government holds, as trusted platforms report different amounts. As of writing, Finbold encountered reported holdings that vary from 164,013 to 213,246 BTC from three updated analyses. The difference can occur for multiple reasons, including access to filings and news, or on-chain tracking and address ownership speculation. Most of the Bitcoin the U.S. government holds results from assets’ seizure in ongoing lawsuits, waiting for liquidation. On April 2, the Department of Justice (DOJ) of the United States moved over $2 billion worth of Bitcoin. The agency made two transactions from the Silk Road Confiscated Funds to Coinbase Prime and an unknown address. The former received 2,000 BTC worth $...

Sansiri, one of the largest real estate firms in Thailand, once had Srettha Thavisin as CEO. The firm is known for backing crypto projects like XSpring. Thailand’s parliament on Aug. 22 voted for real estate tycoon Srettha Thavisin to be the country’s next prime minister . Thavisin is best known as former president and CEO of Sansiri, one of the largest real estate developers in Thailand, which also has some crypto currency background. Thavisin, 60, was the only candidate brought to elections by the Pheu Thai Party, receiving 482 votes out of a possible 747 in Thailand’s parliament. His victory could potentially have some implications for the crypto currency industry in Thailand as his family company, Sansiri, was an active investor in the country’s digital asset industry. Thavisin quit as Sansiri CEO in April 2023 amid speculation that he would be named Thailand’s next PM. He also shed his 4.4% stake in Sansiri at the time. Former Sansiri CEO Srettha Thavisin. Source: AP News In 202...

The RBA has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency. Australia's central bank has completed it's pilot of a central bank digital currency (CBDC) exploring use cases for a potential e-AUD, finding its useful in four main areas including enabling complex payment s and asset tokenization . The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their findings in an Aug. 23 report that also detailed a number of cases where a CBDC wasn't exclusively required to achieve the stated use case. We’ve released a report with the Digital Finance CRC @DigiFinanceCRC today on the findings from an Australian central bank digital currency pilot.https://t.co/k3Zn0VFbwG #RBA #CBDC #Payments #DigitalPayments #Blockchain #FinTech pic.twitter.com/N3mp1ID6gd — Reserve Bank of Australia (@RBAInfo) August 23, 2023 The pilot found four primary ...

Despite warning about Bitcoin’s “worthlessness,” China has apparently never prohibited its citizens from hodling the cryptocurrency. The government of China has tried hard to make people believe that Bitcoin (BTC) would become worthless, but its predictions to date have been far off the mark. The original cryptocurrency has gained around 36% since the Chinese government stated it would become worthless in 2022. Amid the bear market, China attempted to capitalize on a massive market decline, warning crypto investors that Bitcoin prices were “ heading to zero.” In June 2022, the Chinese national news media agency, Economic Daily, issued a warning about Bitcoin to assure citizens the asset was a worthless “string of digital codes.” “In the future, once investors’ confidence collapses or when sovereign countries declare Bitcoin illegal, it will return to its original value, which is utterly worthless,” the article read. While it’s yet to be seen whether Bitcoin is heading to zero one da...

The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022. The Australian Government is bolstering its market regulator's digital asset team as part of a “ multi-stage approach” aimed at clamping down on crypto and ensuring proper risk disclosures from crypto firms. A Feb. 2 joint statement by Australian Treasurer Jim Chalmers and Assistant Treasurer Stephen Jones explained that the new measures are aimed at protecting consumers dealing with cryptocurrency. The treasurers said the multi-stage approach would involve three elements, including strengthening enforcement, bolstering consumer protection, and establishing a framework for its token mapping reform. This is why we're taking action on crypto. pic.twitter.com/17HG5nhsTz — Stephen Jones MP (@StephenJonesMP) February 2, 2023 One of the main changes will be an increase in the size of the Australian Securities & Investments Commission (ASIC)’s digital asset...