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FameEX Afternoon Crypto News Recap | April 13, 2023

2023-04-13 17:03:50

Crypto VC Funding Reaches 2-Year Low, with US Firms Leading the Way: Galaxy Research
According to Galaxy Research, VC investment in cryptocurrency firms declined in Q1 2023, but a potential rebound in Q2 is possible due to recent crypto price hikes. The United States continues to be the top country for the number of companies raising capital, despite regulatory turbulence.

Zambia's Crypto Regulation Tests Set to Conclude by June
Zambia's Technology Minister, Felix Mutati, has declared that digital identities and infrastructure are needed in the country before adopting cryptocurrencies. A recent report states that regulatory tests to help establish crypto laws in Zambia are scheduled to be completed by June.

OpenAI Launches Program to Combat System Vulnerabilities Through Bug Bounties
OpenAI has introduced a bug bounty program, which offers rewards to security researchers who help identify and fix privacy and cybersecurity issues. This comes after the Japanese government's Chief Cabinet Secretary stated that Japan may consider using AI technology in government systems once privacy and cybersecurity concerns are addressed.

Insights from the Swedish Riksbank Report: Collaborative Prospects for Implementing E-krona in Retail Payment Systems
The Swedish Riksbank has published its third report on central bank digital currency (CBDC), with a specific emphasis on a collaborative approach for retail and conditional payments. Although the report touched upon various issues, it primarily tackled a narrow topic. Sweden, like many other nations, is currently considering the viability of introducing a CBDC.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.

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