US Banking Regulator Reinforces Greenlight on Stablecoin Partnerships for Community Banks
The OCC doubles down on allowing community banks to partner with stablecoin firms, aiming to boost innovation and digital services. OCC Clarifies Stablecoin Strategy—Community Banks Can Lead the Next Wave The Office of the Comptroller of the Currency (OCC) stated on social media platform X last week that community banks could broaden their reach in […] Powered by...
Buenos Aires Opens to Crypto Payments
The city of Buenos Aires announced a series of measures to become a crypto hub in Argentina and Latin America. As part of the move, citizens will be able to pay municipal taxes and other duties in crypto, modernizing the city’s payment system. Buenos Aires Targets Global Crypto Leadership With Incentives Crypto adoption is now […] Powered by...
Central Bank of Brazil Dismisses Strategic Bitcoin Reserve Implementation
During the first congressional public hearing on a Strategic Bitcoin Reserve proposal in Brazil, Luís Guilherme Siciliano, head of the International Reserves Department at the central bank, said that adopting the bill would increase risks to the nation’s reserve portfolio. Central Bank of Brazil Argues Holding Bitcoin Would Increase Foreign Reserve Risks The Central Bank […] Powered by...
AI Expert: Truth Protocols Could Become the SSL of the Information Age
AI-generated content, including deepfakes and fake audio, blurred the lines between reality and fabrication, leading to widespread confusion and manipulation. Experts like Yannick Myson advocate embedding verification at the content creation stage and implementing decentralized verification systems to ensure authenticity. Disinformation and Its Dangers The year 2024 served as a stark warning about the dangers […] Powered by...
AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings
An Australian financial intelligence agency has ordered Binance Australia to appoint an external auditor within 28 days due to “serious concerns” over the crypto exchange’s anti-money laundering and counter-terrorism financing (AML/CTF) controls. A Warning to Global Exchanges Australia’s financial intelligence and anti-money laundering agency, AUSTRAC, has ordered Binance Australia to appoint an external auditor after […] Powered by...
