ANIVERSE Crypto Daily News_August 17, 2023
<p><strong>1. PayPal to Stop Crypto Purchases in UK Until 2024</strong><br />
-The company said the pause is due to the UK’s financial regulator’s upcoming stricter rules for crypto advertising, which will come into effect September 1.</p>
<p><strong>2. Abu Dhabi Authorities Allow Provision of M2 Cryptocurrency Services</strong><br />
-Abu Dhabi (UAE) local authorities have granted permission for the provision of services related to the virtual asset platform M2. By the end of the year, M2 will open access for purchasing, selling, and storing cryptocurrencies.</p>
<p><strong>3. Stability AI Releases Free Alternative to ChatGPT</strong><br />
-Developers aim for the primary purpose of the chatbot to assist in data collection for further development of the company’s AI technology.</p>
<p><strong>4. AI Startup Anthropic Raises $100 Million from SK Telecom</strong><br />
-SK Telecom has invested $100 million in the artificial intelligence (AI) startup Anthropic.</p>
<p><strong>5. 3AC Founders’ OPNX Fined $2.7M by Dubai Crypto Regulator</strong><br />
-The exchange co-founded by Kyle Davies, Su Zhu and Mark Lamb was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May.</p>
<p><strong>6. Coinbase Finally Wins Approval to List Crypto Futures in U.S</strong><br />
-The approval makes Coinbase the first crypto-first platform to offer regulated and leveraged crypto futures alongside alongside traditional spot trading.</p>
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