Tag: FTT Price

The rare New York City Council Committee of the Whole hearing brought all 51 council members together to examine AI safety, corporate accountability, and proposed regulations. Representatives from OpenAI, Anthropic, Google, and Meta testified alongside former employees who raised concerns about how frontier AI systems are being developed and evaluated. Former AI Researchers Warn of…

TL;DR The CFTC has opened an advanced rulemaking process around retail commodity transactions involving crypto assets. The agency is asking for public input as it considers a more comprehensive federal framework for leveraged and margined retail crypto markets. This is an early-stage rulemaking step, not a final licensing regime that takes effect immediately. The Commodity…

TL;DR FinCEN has withdrawn two proposed digital-asset rules covering unhosted-wallet transactions and convertible virtual currency mixing. Both proposals had remained unfinished for years and would have added new recordkeeping or reporting obligations for financial institutions. The withdrawals do not remove the AML and KYC rules that already apply to regulated crypto businesses. Two long-running U.S.…

TL;DR The Solana Foundation has launched Solana DvP, an open-source delivery-versus-payment settlement program for financial institutions. The MIT-licensed tool is designed to settle the asset and cash legs of a transaction atomically through isolated escrow. JPMorgan provided input on institutional settlement practices, but the program is a Solana Foundation release rather than a JPMorgan product.…

TL;DR Bringin has opened an invite-only beta of euro business accounts for companies using Bitcoin and stablecoins. Businesses get a named euro vIBAN and SEPA access while retaining control of their Bitcoin through self-custody infrastructure. The beta is already being used by 15 businesses and is available to companies across 30 European countries. European businesses…