Despite Chinese hacks, Trump’s FCC votes to scrap cybersecurity rules for phone and internet companies

The Federal Communications Commission voted 2-1 along party lines on Thursday to scrap rules that required U.S. phone and internet giants to meet certain minimum cybersecurity requirements. The FCC’s two Trump-appointed commissioners, chairman Brendan Carr and his Republican colleague Olivia Trusty, voted to withdraw the rules that require telecommunications carriers to “secure their networks from…

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Abu Dhabi ADIC | Investment in Bitcoin ETF Tripled

Key Takeaways ADIC tripled its IBIT stake, showing its long-term conviction to bitcoin. ADIC and Mubadala together hold over 16 million IBIT shares. Abu Dhabi says it sees bitcoin as a gold-like diversification asset. Abu Dhabi’s Investment Council (ADIC) has made a major move into Bitcoin. The fund tripled its investment in BlackRock’s iShares Bitcoin…

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Tether Doubles Down on Latam With Parfin Investment

The stablecoin company aims to accelerate institutional adoption of USDT by targeting use cases solvable through its solutions. The undisclosed investment in Parfin enables USDT to be featured in the company’s CAAS offerings, which include integrated compliance. Tether Invests in Parfin to Increase Institutional Adoption In Latam The Facts Tether, the largest stablecoin company in…

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