According to a 28 May 2025 filing by the Bank of Russia, financial institutions can offer “qualified investors” financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices. Notably, this is a three-year-long experiment. In a press release, the Bank of Russia said that the key condition is that such instruments…
Meta announced in January it would end some content moderation efforts, loosen its rules, and put more emphasis on supporting “free expression.” The shifts resulted in fewer posts being removed from Facebook and Instagram, the company disclosed Thursday in its quarterly Community Standards Enforcement Report. Meta said that its new policies had helped reduce erroneous…
A US federal court has ordered the freezing of approximately $57.65 million in USDC linked to the embattled LIBRA meme coin. The latest development is a significant move in an ongoing class-action lawsuit targeting alleged fraud. The freeze, executed on May 28 via a Temporary Restraining Order (TRO) issued by the Southern District of New…
The Innovation of the Year Award celebrates the boldest and most visionary startups exhibiting at VivaTech 2025. Open to all exhibiting companies, the award honors those pushing boundaries and redefining industries. Startups were scored on Innovation & Creativity, Market Disruption, and Scalability. From hundreds of applicants, 30 made the short list. The top five will…
The DeFi Education Fund and Uniswap Foundation have urged the U.S. Securities and Exchange Commission to view decentralized autonomous organizations as disparate groups of individuals rather than coordinated entities. DAO Ecosystem Needs Clarity The United States Securities and Exchange Commission (SEC) should treat decentralized autonomous organizations (DAOs) with decentralized control over network governance “as nothing…
U.S. stocks rose Thursday, with the S&P 500 up 0.4%, after Nvidia’s strong first-quarter earnings lifted sentiment. However, gains were tempered by renewed uncertainty over President Donald Trump’s tariff policy following conflicting court decisions. The tech-heavy Nasdaq Composite also climbed 0.39%, while the Dow Jones Industrial Average added 127 points, or 0.3%, despite a 3.4%…
Federal lawmakers in the Senate are poised to take up the One Big Beautiful Bill Act next week, but a new poll suggests that one of its controversial provisions is clearly unpopular with voters on both sides of the aisle. That measure would ban states from regulating artificial intelligence for a decade. Proponents say that…
Key Takeaways Banco Santander SA is exploring entering the stablecoin market and offering retail crypto services through its digital banking unit Openbank. Santander’s plans include considering euro and dollar denominated stablecoins, with potential launches dependent on obtaining regulatory approvals. Share this article Banco Santander SA, which has recently surpassed UBS to become continental Europe’s largest…
A widely followed crypto analyst says that one Ethereum (ETH)-based altcoin looks ready to skyrocket in the coming months while updating his outlook on Bitcoin (BTC) and Sui (SUI). In a new strategy session, crypto trader Michaël van de Poppe tells his 789,600 followers on the social media platform X that it appears as if…
I’ve covered Google’s AI Overviews since its messy rollout last year, when screenshots of absurdly wrong answers started popping up at the top of search results and going viral on social media. Still, when I first saw images of AI Overviews confidently saying that it’s still 2024 in Reddit posts today, I thought they might…
