Circle launches USDCx, a privacy-focused version of its USDC stablecoin on the Aleo blockchain, to give users “banking-level privacy” with a “compliance record”
Blockchains are public databases. That's an immediate roadblock for large institutions like banks …
Wyoming launches a stablecoin, FRNT, marking the first time a US state has issued a blockchain-based, fiat-pegged token to be used by retail and enterprises
Announced at SALT's Wyoming Blockchain Symposium, FRNT … Bogdan Patru / Bitcoinist.com : SEC Chair Paul Atkins Unveils Plans for President's Digital Assets Group Tanzeel Akhtar / Cryptonews : Wyoming'...
The US FDIC says banks can engage in cryptocurrency and other legally permitted activities without prior regulatory approval if they manage risks appropriately
Basically the crypto version of the housing crisis. @opinionatedogre : Because greedy banks are historically known for self-restraint and managing risks appropriately... Holy shit, the next Wall St. ...
Democratic senators helping Trump's strongest Senate allies repeal Section 230 could give the Trump administration unprecedented power to control online speech
At the exact moment when Donald Trump and his MAGA allies are actively dismantling democratic institutions and working to silence critics …
A bitcoin reserve is a resilience strategy for the “hodlers”, not the US state, as a long-term bet on bitcoin is bullish on a permanent institutional collapse
money must not be held, it must be spent, and now. The dollar has lost some 98% of its purchasing power since '71, by design. Bitcoin gains in PP instead, weighing on the asset side of the Treasury'...
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks
the Biden/Warren crew just enacted this to stop @X from becoming a payments juggernaut. Wow, a whole new 259-page rule aimed at X...yet more lawfare against you.👊 (Congress can & probably will CRA thi...
Indonesia's government declines to pay the $8M demanded by LockBit 3.0 for the ransomware attack that affected hundreds of ministries and public institutions
- The recovery will only be completed in mid-August: minister — Indonesia's parliament called the government to task …
The US SEC will require some financial institutions to notify customers whose personal information was compromised within 30 days of learning about breaches
Amendments contain loopholes that may blunt their effectiveness. — The Securities and Exchange Commission (SEC) …
The Internet Archive is hosting the new Aruba Collection, which contains 101,376 items from Aruba's National Library, National Archives, and other institutions
By becoming the official custodian of an entire nation's history for the first time, the Internet Archive is expanding …
EU privacy watchdog EDPS says the European Commission using Microsoft 365 breached privacy rules and the EU didn't implement adequate data transfer safeguards
❗ The EDPS (European Data Protection Supervisor) has found that the European Commission … Forums: r/technology : European Commission's use of Microsoft 365 infringes data protection law for EU institu...