Is Florida’s AI Leadership Threatened by Recruitment Restrictions?
In a bid to bolster its position in the rapidly evolving landscape of artificial intelligence (AI), the University of Florida (UF) initiated the creation of the HiPerGator AI supercomputer, backed by Nvidia, one of the leading chip manufacturers globally. DeSantis law limits Florida’s AI research recruitment The project faces significant challenges due to a law […]
California crypto owners set to influence 2024 elections, Coinbase reports
United States-based cryptocurrency exchange Coinbase highlighted the potential political impact of cryptocurrency owners in California ahead of the 2024 elections. Leveraging data from Morning Consult, Coinbase revealed that approximately 27% of Californians, equivalent to 8.2 million people, currently own cryptocurrency. This demographic’s policy and political leadership preferences could significantly influence future elections, particularly given their […]
Florida’s tax climate attracts crypto investors – Why?
When it comes to cryptocurrency, the Sunshine State shines brightest, vaulting to the top of the leaderboard as the ultimate haven for digital currency aficionados. Florida’s ascent to the pinnacle of crypto-friendly locales isn’t just by chance; it’s a calculated result of its zero state income tax and an innovative regulatory approach that embraces rather […]
Texas joins Florida in banning CBDCs
Texas recently introduced a bill to ban Central Bank Digital Currencies (CBDCs) within the state, following Florida’s decision to officially prohibit them. CBDCs have been a contentious issue among government officials, with many expressing concerns about the potential for government surveillance, control over private cash holdings, and transaction monitoring. Growing opposition to CBDCs The bill, […]
Florida governor Ron DeSantis bans CBDCs in the state
Florida Governor Ron DeSantis has taken a bold stance against centralized digital currencies, signing a bill prohibiting any future implementation of a central bank digital currency (CBDC) in the state. This move comes as the Biden administration explores the potential of CBDCs, which DeSantis believes would threaten citizens’ financial independence and privacy. DeSantis on the […]
