The National Association of Attorneys General (NAAG) has written to 13 AI firms, including OpenAI, Anthropic, Apple and Meta, demanding stronger safeguards …
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Regulation
Arizona Woman Sentenced to Over Eight Years in Prison for Role in Assisting North Korean Hackers Pose as US Citizens in $17,000,000 Scheme: DOJ
by shayaanby shayaanA woman from Arizona has been sentenced to 102 months in prison for helping North Korean hackers pose as American citizens to …
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Smart Contracts
Why Strategy’s Bitcoin Buys Could Pose Long-Term Risks Despite Boosting Demand
by shayaanby shayaanIn short Strategy 3% owned by Bitcoin is approaching “problematic” levels, which threatens the reserve activa status, says Sygnum. Acquisition vehicles have …
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Regulation
Fed council warns stablecoins may pose risk to bank deposits and credit capacity
by shayaanby shayaanMembers of the Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) raised concerns that nonbank-issued stablecoins could accelerate deposit outflows from traditional …
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Regulation
Corporate Bitcoin holdings concentrated in few custodians pose systemic risk
by shayaanby shayaanAs Bitcoin’s (BTC) appeal as a treasury asset grows, Casa co-founder and CSO Jameson Lopp assessed that concentrating the amount of BTC …
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The European Securities and Markets Authority is sounding a fresh caution at the potential risks crypto could pose to financial markets. ESMA, …
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Adoption
ESM chief warns Trump’s crypto policies pose risk to EU monetary sovereignty
by shayaanby shayaanEuropean Stability Mechanism (ESM) managing director Pierre Gramegna said that President Donald Trump’s administration’s favorable stance toward crypto, particularly dollar-backed stablecoins, could …