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UK Confirms Plans to Implement Formal Law to Regulate Crypto Industry

In a consultation paper, the U.K. government confirmed its intentions to regulate the cryptocurrency market, stating that it hopes to introduce formal legislation by 2024. The government released a response to a consultation paper that contained suggestions for regulating the cryptocurrency sector and was published earlier this year. The government stated in the paper that…

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IMF Raises US Growth Forecast for 2023; Global Outlook Keeps Unchanged.

The International Monetary Fund released its latest World Economic Outlook on Tuesday, revising its US growth forecast while predicting a slowdown in expansion in the Eurozone. The IMF has raised its forecast for U.S. growth this year to 2.1%, an increase of 0.3 points from the latest estimate in July. The outlook for next year…

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Scientists Develop AI System Focused on Turning Thoughts of People into Text

Scientists have developed a noninvasive AI system focused on translating the brain activity of a person into a stream of text, according to a peer-reviewed study published in the journal Nature Neuroscience. The semantic decoder system could ultimately benefit patients who have lost their ability to physically communicate after suffering from a stroke, paralysis, or other…

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