The five most important pieces of news related to Bitcoin and the entire cryptocurrency market are reviewed.
This week, in terms of cryptos and markets, very important news emerged, such as the legal actions that Michael Schumacher’s family plans, based on a false interview conducted with Artificial Intelligence. Also, electric vehicles will now be able to use Bitcoin. There is a rumor that Binance.US may possibly buy Voyager. To finish, the European Parliament approves the MiCA Law, and Coinbase obtains a license to operate in Bermuda.
Details are provided below.
Michael Schumacher’s Family Plans Legal Action for A Fake Interview Conducted with Artificial Intelligence
To kick off, on April 14, German magazine Die Aktuelle promised “the first interview!” with Michael Schumacher since he suffered a serious brain injury in a skiing accident in 2013.
Interestingly, although on the cover the magazine added the phrase “sounds deceptively real”, the article contained a series of alleged quotes that were generated by AI, which was not revealed until the end of the article, much to the chagrin of many fans.
As a consequence, Michael Schumacher’s family plans a lawsuit against the magazine “Die Aktuelle” for the publication of an alleged interview with the seven-time Formula 1 world champion with responses generated by an Artificial Intelligence (AI) system.
Electric Vehicles Can Use Bitcoin
In contrast, with an app, electric vehicles around the world can use Bitcoin for their charges. This is Strom, an app that looks for billing point providers to receive immediate payments in cryptocurrencies. Strom is an open-source application still under development by the Satimoto company.
Specifically, according to their technical documentation, the app can be run locally, on the charging station, or an external service can be used to host and run the app online.
Will Binance.US Buy Voyager?
On April 19, bankrupt crypto lender Voyager Digital Holdings reached an agreement with the United States federal government that would allow the firm to sell its assets to Binance.US.
In fact, Voyager’s Official Committee of Unsecured Creditors (UCC) indicated that: “Voyager, the UCC, and the Government reached a resolution that will allow the plan to move forward and enter into force shortly.”
According to Reuters, Voyager’s lawyer, Joshua Sussberg, explained that the transaction with Binance includes a $20 million cash payment, as well as the agreement to move Voyager client wallets to Binance.US.
European Parliament Approves the MiCA Law
With the approval of this law, the European Union will be able to regulate the cryptocurrency industry, thus joining the regional bloc’s fight against money laundering and terrorist financing.
The virtual asset market law establishes the bases for the responsible development of the cryptocurrency industry in Europe, with the purpose of providing clear rules for participating companies, as well as guaranteeing the safety and protection of investors and consumers.
Coinbase Obtains License to Operate in Bermuda
As a final point, Coinbase has obtained a license from the Bermuda Monetary Authority, which allows it to operate there as a digital asset company. It is also in talks with Abu Dhabi financial regulators about a possible license.
With all this, the Class F license granted under the Digital Assets Business Law allows Coinbase to carry out a wide range of activities, such as the sale and issuance of tokens. According to a Forbes report on April 19, Coinbase is planning to launch a derivatives exchange in Bermuda as early as next week.
By Audy Castaneda
