Best Twitter threads of the day – June 13th

Related articles

• Former TrustToken executive Roshan Dharia assumes leadership of Paxful in a bid for stability

  TL;DR Breakdown Roshan Dharia, a well-known figure in the crypto world, has been appointed as the interim CEO of Paxful, a peer-to-peer Bitcoin marketplace. Dharia has a successful track record at TrustToken, where he served as a senior executive and helped build the TrueUSD stablecoin. The appointment of Dharia comes amidst corporate disagreement and internal struggles within Paxful. In a twist of digital trading, Roshan Dharia, a well-known figure in the crypto world, is set to don a new hat as the interim CEO of Paxful, an acclaimed peer-to-peer Bitcoin marketplace. This exciting development comes amidst a maelstrom of corporate disagreement and internal struggles within the company. Known for his sterling track record at TrustToken, where he served as a senior executive, Dharia is now poised to channel his wealth of experience into his new role at Paxful. His former company is famed for its innovative stablecoin, TrueUSD (TUSD), which has impressively risen to the fifth-largest stablecoin by market cap. Dharia, in a statement exuding fervor and anticipation, said, “It’s a great honor to become CEO of Paxful. I look…

  Article 2023年6月4日

• Will Singapore’s new president clamp down on crypto? What his election means for digital assets

  TL;DR Breakdown Tharman Shanmugaratnam, former chairman of the Monetary Authority of Singapore (MAS), won Singapore’s presidential election with 70% of the vote. With a long career in finance and governance, including being short-listed for the IMF’s top job, Shanmugaratnam brings extensive experience to the presidency but has expressed skepticism towards cryptocurrencies. His election could signal a more conservative approach to digital assets in Singapore, a nation otherwise known for its technological innovation, especially as it comes on the heels of regulatory changes and high court rulings on cryptocurrencies. Description Tharman Shanmugaratnam, former chairman of the Monetary Authority of Singapore (MAS), clinched the Singaporean presidency with a commanding 70% of the vote. The election results, confirmed on September 2, revealed that Shanmugaratnam defeated contenders Ng Kok Song and Tan Kin Lian, setting the stage for his swearing-in ceremony on September 14. A storied career in … Read more Tharman Shanmugaratnam, former chairman of the Monetary Authority of Singapore (MAS), clinched the Singaporean presidency with a commanding 70% of the vote. The election results, confirmed on September 2, revealed that Shanmugaratnam defeated…

  Article 2023年9月5日

• SEC charges 3M for alleged violations in China subsidiary

  TL;DR Breakdown The SEC has levied charges against 3M for alleged violations of the Foreign Corrupt Practices Act related to its subsidiary in China. This development emphasizes the need for multinational corporations to maintain transparent and ethical business practices, even in overseas markets. Description In a recent development, the U.S. Securities and Exchange Commission (SEC) has levied charges against 3M, the multinational conglomerate, over alleged violations of the Foreign Corrupt Practices Act (FCPA) in connection with its subsidiary in China. This move by the SEC underscores the agency’s commitment to ensuring that U.S. companies maintain ethical business practices, even … Read more In a recent development, the U.S. Securities and Exchange Commission (SEC) has levied charges against 3M, the multinational conglomerate, over alleged violations of the Foreign Corrupt Practices Act (FCPA) in connection with its subsidiary in China. This move by the SEC underscores the agency’s commitment to ensuring that U.S. companies maintain ethical business practices, even when operating overseas. Contents hide 1 Details of the allegations 2 Implications for 3M and the broader business community 3 Next steps for…

  Article 2023年8月26日

• AI should not be regulated – Brian Armstrong

  TL;DR Breakdown Brian Armstrong, the CEO of Coinbase, expressed his views on AI and why it should not be regulated. According to him, regulation will hinder the industry’s growth. Armstrong asks that the same grace extended to the Internet should be extended to the newer innovative industries. On second thought, Armstrong pushes for AI decentralization “Let the cat out of the bag.” The Co-founders of open AI called for international regulation focused on inspecting systems, compliance tests, and audits to reduce the risks the technology could pose. Description Brian Armstrong, the CEO of the crypto exchange Coinbase, expressed his views on Artificial Intelligence on his X platform (Formerly Twitter). He stated that AI should not be regulated as the space needs to develop as soon as possible. He added that national security is among the reasons why innovation and competition should be incentivized … Read more Brian Armstrong, the CEO of the crypto exchange Coinbase, expressed his views on Artificial Intelligence on his X platform (Formerly Twitter). He stated that AI should not be regulated as the space needs to…

  Article 2023年9月24日

• Pakistan sets an audacious goal for AI in education system

  TL;DR Breakdown Pakistan’s Ministry of IT & Telecom has drafted an ambitious policy to integrate AI in its education system, aiming to transform into a knowledge-based economy. The government plans to train a million IT graduates in AI and related technologies by 2027, recruiting 10,000 new trainers for the task. By 2026, the policy seeks to fund 1,000 AI-led R&D initiatives and register over 2,000 AI-related patents. Pakistan, in an audacious push for technological growth, has charted an ambitious course for the incorporation of Artificial Intelligence (AI) into its education system. The country’s Ministry of IT & Telecom has forged a policy aimed at catalyzing the rise of AI, signaling its readiness to adapt to the rapidly evolving digital landscape. In its pursuit to transform into a knowledge-based economy, Pakistan is gearing up to invest in and nurture human capital proficient in AI and related technologies. Transforming the educational landscape with AI Central to Pakistan’s AI policy is the goal of instilling AI competencies in the country’s workforce. As per a survey conducted by the Ministry of Information Technology and…

  Article 2023年5月26日