Stablecoin depeg fears push New York and EU regulators closer
New York’s financial regulator has formed a stablecoin supervision agreement with the European Banking Authority as regulators on both sides of the Atlantic tighten cooperation over digital assets. The New York State Department of Financial Services said Tuesday that it…...
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New York Department of Financial Services partners with European Banking Authority to enhance stablecoin oversight
Enhanced regulatory collaboration could lead to more robust consumer protection and reduced regulatory arbitrage in the stablecoin market. The post New York Department of Financial Services partners with European Banking Authority to enhance stablecoin oversight appeared first on Crypto Briefing....
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STMicroelectronics plans Crolles fab expansion by 2026 as AI optics demand rises
STMicro’s potential fab expansion highlights the growing strategic importance of silicon photonics in AI, impacting market dynamics and competition. The post STMicroelectronics plans Crolles fab expansion by 2026 as AI optics demand rises appeared first on Crypto Briefing....
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Treasury Department sanctions Nobitex for facilitating terror finance and sanctions evasion
The sanctions on Nobitex highlight the increasing scrutiny on crypto exchanges globally, potentially reshaping international financial compliance. The post Treasury Department sanctions Nobitex for facilitating terror finance and sanctions evasion appeared first on Crypto Briefing....
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Microsoft launches Discovery platform for scientific R&D with Ginkgo Bioworks partnership
Microsoft’s Discovery platform, integrated with Ginkgo’s lab, could revolutionize scientific research by streamlining and accelerating R&D processes. The post Microsoft launches Discovery platform for scientific R&D with Ginkgo Bioworks partnership appeared first on Crypto Briefing....
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XRP’s Birthday Turns Sour as Ripple Price Plummets to 4-Month Low
Ripple’s native cross-border token has not been spared by the overall market-wide calamity that has only worsened today, with a fresh nosedive to a multi-month low. What’s particularly interesting about XRP’s crash toward $1.20 is that it comes on the token’s 14th birthday. XRPUSD June 2. Source: TradingView The...
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Coinbase backs Ethena ahead of savings product launch for exchange’s 100 million users
Coinbase Ventures, the exchange’s venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week....
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Senator Cynthia Lummis says digital asset market structure is closer to reality than ever
The advancement of digital asset legislation could enhance U.S. competitiveness and reduce legal uncertainty, fostering innovation and investment. The post Senator Cynthia Lummis says digital asset market structure is closer to reality than ever appeared first on Crypto Briefing....
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Ben Goertzel advocates for decentralized AGI development, pushes back on government ownership of AI
Decentralized AGI development could democratize AI innovation, reducing risks of power concentration and fostering collaborative technological progress. The post Ben Goertzel advocates for decentralized AGI development, pushes back on government ownership of AI appeared first on Crypto Briefing....
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Microsoft unveils seven new MAI models, led by CEO Mustafa Suleyman
Microsoft’s expansion of proprietary AI models enhances its control over enterprise solutions, potentially reshaping the competitive landscape. The post Microsoft unveils seven new MAI models, led by CEO Mustafa Suleyman appeared first on Crypto Briefing....
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