WAO ART #278

Former Coinbase CTO Balaji Srinivasan has called for a decentralized approach to AI following the termination of Sam Altman from OpenAI. Srinivasan highlights the risks and vulnerabilities associated with centralized structures in AI and urges the community to acknowledge the potential for manipulation.

New Zealand Wines, a popular shop on Wilmslow Road in Manchester, has won the Independent Retailer of the Year award at The Bestway Awards 2023. The manager credited the team's effort for their success and expressed their happiness.

Fidelity has filed an application for an Ethereum Spot ETF, with Coinbase listed as the custodian. This news led to a slight increase in Ethereum's price and volume, with a 0.5% gain. While major Wall Street firms are applying for Ethereum ETFs, the SEC has yet to make a decision on Bitcoin ETFs.

Asia International Exchange has launched Rahnu Token and Cash Waqf Token, on its centralized cryptocurrency exchange. The Rahnu Token is based on a Shariah-compliant model and represents asset-backed digital securities, while the Cash Waqf Token aims to foster socially responsible investment opportunities.

South Africa has become the first and only African nation to adopt the Crypto-Asset Reporting Framework (CARF), a tax transparency standard developed by the Organisation for Economic Co-operation and Development (OECD).

Presidential candidate and Economy Minister Sergio Massa of Argentina has proposed using blockchain technology to allow citizens to control and monitor state finance. Massa wants Argentines to be able to interact with the national budget and control state accounts using their mobile phones.

Commerzbank has become the first full-service bank in Germany to receive regulatory approval to offer cryptocurrency custody services. The bank's licensing under the German Banking Act allows it to expand its financial offerings and provide institutional clients with a secure platform for managing digital assets.