US intel chief Clayton may be asked to also oversee AI innovation and development along with “self policing” tech CEOs.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, citing unidentified sources.Cointelegraph reported Sept. 20 that Trump planned to create…
The Independent Community Bankers of America sued the Office of the Comptroller of the Currency, accusing the regulator of overstepping its legal authority.
Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against noncompliant firms.European crypto users are placing more trust in regulated platforms following the implementation of the European Union’s Markets in Crypto-Assets framework (MiCA), according to Christian Trummer, co-CEO of Austria-based crypto exchange Bitpanda.Speaking on…
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.Anchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion earlier this year, has reportedly cut 17% of its workforce, suggesting that the prolonged crypto market downturn is weighing on the company even…
Once among Ethereum’s largest layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.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 said it sees no “credible path” to making…
The potential agreement could span digital assets, custody, trading, payments and other financial-market infrastructure.
Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms like Coinbase and Robinhood build networks of their own.
The former SEC chairman who may be tapped to oversee the Trump administration’s AI work has a potentially divisive history as a watchdog of tech innovation.
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance.Nearly three-quarters of major UK financial institutions expect tokenization to reshape financial services, as banks and asset managers increasingly explore blockchain-based infrastructure for payments, settlement and liquidity management.The finding comes from…
Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their once-high valuations.Crypto companies are raising billions again, but investors are no longer handing out premiums indiscriminately.Kalshi is reportedly seeking $1 billion at a $40 billion valuation, nearly twice what it was worth in May. Meanwhile, Blockchain.com…
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