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FameEX Morning Crypto News Recap | November 22, 2023
2023-11-22 12:15:35
I Faces Talent Exodus as Microsoft, Salesforce, and Nvidia Pursue New Hires Amid Rising Walkout Threats
OpenAI's dismissal of CEO Sam Altman has raised concerns about the company's future, with most employees reportedly threatening to walk out unless the decision is reversed. Adding to the complexity, executives from major tech firms are actively recruiting employees who are contemplating leaving, intensifying the turmoil within the organization.
Concerns Arise Over European Digital Identity Wallet's Potential for Mass Surveillance Concerns are mounting as analysts and companies voice apprehensions about potential privacy threats tied to the impending European Digital Identity Wallet. A leaked Eidas document, highlighting Article 45, reveals plans for European web browsers to incorporate EU-selected certificates and cryptographic keys, potentially creating vulnerabilities for online surveillance, prompting concerns over privacy in the region. SEC Indicates Plans for NFT Regulation In August, the US Securities and Exchange Commission (SEC) initiated enforcement actions against Impact Theory for selling "KeyNFTs" and Stoner Cats, the creator of "Stoner Cats" series. This suggests that the SEC may classify certain tokens as securities based on specific characteristics, signaling increased regulatory scrutiny within the NFT market. Lawsuit Targets Apple's Restrictions on Cryptocurrency Transactions Consumers have filed a class-action lawsuit against Apple, alleging that the company prohibits the use of cryptocurrencies as a payment method by imposing technological and contractual restrictions. The lawsuit, filed in the United States District Court for the Northern District of California on November 17, asserts that Apple hinders the integration of decentralized cryptocurrency technology into iOS Peer-to-Peer Payment apps. Federal Reserve Officials Advocate Maintaining Restrictive Interest Rates for an Extended Period Federal Reserve policymakers are united in their commitment to maintaining restrictive interest rates until a definite decline in inflation is evident. However, the minutes from the Federal Reserve's October meeting did not indicate any imminent plans for rate cuts. The focus remains on monitoring inflation trends before considering any significant changes to the current monetary policy. Singapore Reveals Strategy for Seamless Digital Asset Network Transactions in Finance The Monetary Authority of Singapore's managing director has outlined a strategy to facilitate seamless financial transactions across various digital asset networks. Recognizing the proliferation of these networks, the central bank aims to achieve interoperability rather than consolidating all transactions onto a single network, ensuring a smoother digital asset ecosystem in Singapore's financial sector. Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.
