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Paolo Ardoino Appointed as Tether's CEO Starting December
October 13, 2023
Stablecoin issuer, Tether's Chief Technology Officer (CTO), Paolo Ardoino, ascends to the role of CEO from December, replacing Jean-Louis van der Velde, according to recent company announcements. Van der Velde …
Read moreMastercard Introduces CBDC Tokenization Tech, Experts Discuss CBDC-Stablecoin Coexistence
October 13, 2023
Mastercard recently demonstrated a technology which facilitates the tokenization or 'wrapping' of Central Bank Digital Currencies (CBDCs) onto multiple blockchains. The initiative aims to enhance transactional security and consumer convenience. …
Read moreBitcoin's Unstable Market: Predictions and Potential Nose Dive
October 13, 2023
Recent cryptocurrency market trends have seen major fluctuations, with Bitcoin's value neither declaring 'bullish' or 'bearish', experiencing stabilization following a week-long price drop. Bitcoin currently consolidates above the $26,550 mark …
Read moreTerraform Labs Accuses Citadel Securities of Role in Stablecoin Depreciation
October 13, 2023
Terraform Labs has filed a motion to compel Citadel Securities LLC to produce documents relating to trading actions that might have caused the depreciation of Terraform's stablecoin, TerraUSD Classic (USTC), …
Read moreFrench Regulator Raises Concern Over DeFi Centralization
October 13, 2023
The Autorité de contrôle prudentiel et de résolution (ACPR), France's banking and insurance regulator, has made public its findings from a public consultation on regulating decentralized finance (DeFi). This consultation …
Read moreSpot Bitcoin ETF Approval is Partially Priced In, SEC Faces Critical Decisions
October 13, 2023
The US Securities and Exchange Commission (SEC) is at the crossroads with the approaching deadline to decide on Grayscale's Bitcoin spot exchange-traded fund (ETF) application, amidst pressure for forced compliance …
Read moreUS Space Force Halts Use of AI Tools Citing Security Concerns
October 13, 2023
The United States Space Force, a service branch of the U.S. Armed Forces protecting U.S. and allied interests in space, has restricted its staff's use of AI tools following privacy …
Read moreBipartisan U.S Senators Propose a Bill Against Unauthorized AI Replicas
October 13, 2023
The US Senators group including Senator Chris Coons, Senator Amy Klobuchar, along with Senator Marsha Blackburn and Senator Thom Tillis are proposing a new bill named the 'Nurture Originals, Foster …
Read moreCEO Guilty of Crypto Futures Fraudulent Scheme
October 13, 2023
Peter Kambolin, former CEO of a Miami-based investment firm, pleaded guilty to a conspiracy involving fraudulent crypto futures trading. The U.S. Department of Justice stated that Kambolin operated a scheme …
Read moreUK Institutions Signal Caution on Token Use and Tokenization Plans
October 13, 2023
In recent developments across the United Kingdom, institutions caution on token-based ventures. A UK Parliamentary committee raised concerns over the practical use of fan tokens by soccer clubs, highlighting their …
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