NEWS
Community banks sue OCC
A community banks group sued a US bank regulator, claiming its decision to allow cryptocurrency companies to obtain limited national trust bank charters exceeds the…
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Trump expected to pick Clayton as AI czar
President Donald Trump is expected to appoint Jay Clayton, US director of national intelligence, as the new AI czar, CNN and other media reported Friday,…
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Bank group sues U.S. regulator over granting crypto trust charters
The ICBA is one of the largest banking advocacy organizations in the U.S., typically representing smaller institutions. It also played a significant role in pushing…
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California Subpoenas OpenAI Over AI Models That Hacked Their Way Out of a Test
In brief California Attorney General Rob Bonta announced Oct. 1 that his office served OpenAI with an investigative subpoena over cybersecurity incidents involving its AI…
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European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO
Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against noncompliant firms. Source link
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Ethereum Now Lets You Pay for AI Without Revealing Who You Are
In brief The Ethereum Foundation and the Open Anonymity Project announced zkAPI on Ethereum mainnet on October 1, letting users prepay in USDC and receive…
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Circle Pushes Back on MiCA’s Bank-Deposit Mandate for Stablecoins
In brief Circle submitted recommendations to the European Commission’s MiCA review, arguing the framework has produced many regulated issuers but captured few of the biggest…
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This AI Is Already Fooling People on Video Calls Into Thinking It’s Human, Company Says
In brief Tavus says 26 of 54 participants (48%) believed Griffin-Lite was a real person after a one-minute video call, versus 1 of 41 for…
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$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether. Source link
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Blast to Shut Down as Ethereum L2 Economics Fall Short
Ethereum layer-2 network Blast is shutting down after its operating costs exceeded the revenue generated by the chain. In a Friday post on X, Blast…
