TechFlow News, July 16, according to Cointelegraph, Coinbase Platform Head Rob Witoff stated that currently 95% to 100% of the code is written or assisted by large language models, a significant increase from the 40% share in February this year, reflecting the accelerating application trend of AI technology in crypto enterprises.
Coinbase laid off 700 employees in May this year, CEO Brian Armstrong stated that AI has significantly changed the work pace, and the company needs to return to startup speed with AI as the core. On the same day, EU Anti-Money Laundering Authority AMLA Chair Bruna Szego warned that after the MiCA transition period ends on July 1, concentrated user migration may exacerbate compliance pressure on virtual asset service providers, and licensed institutions face challenges in attracting new users.
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