The Biden administration is set to tighten AI chip export controls before leaving office, with new regulations expected as early as Friday to restrict global semiconductor trade.
CatherineKazakhstan shut down 36 illegal crypto exchanges, seizing $4.8 million in assets, as part of a larger effort to combat financial crime. The government is also tightening regulations to prevent crypto-related money laundering and pyramid schemes.
AnaisSouth Korea’s Financial Services Commission is easing restrictions on institutional crypto trading, starting with non-profit organizations, after the Virtual Asset User Protection Act passed in 2024. The country is also planning to introduce a 20% crypto tax in 2025 and explore crypto ETFs and security tokens to boost market participation.
WeatherlyPolymarket faces backlash for enabling bets on California wildfires, raising ethical concerns over profiting from disaster. To make matters worse, the emergence of AI deepfakes further spread misinformation. Is tragedy becoming entertainment?
CatherineCircle’s $1M USDC donation joins Ripple, Coinbase, Kraken, and Ondo Finance in boosting Trump’s inaugural fund, underscoring stablecoins’ rising role in politics. With top donors securing exclusive perks, who’s next to contribute?
KikyoMastercard launched its Crypto Credential service in the UAE and Kazakhstan to simplify cryptocurrency transactions by using secure aliases instead of complex wallet addresses.
AnaisNansen has teamed up with TON Blockchain, a high-performance Layer 1 developed by Telegram, to introduce advanced analytics tools that will enhance insights, drive innovation, and accelerate Web3 adoption. What new tools can we expect next?
CatherineStandard Chartered has launched digital asset custody services in Luxembourg, focusing on Bitcoin and Ether, to cater to institutional investors in Europe.
WeatherlyThe US Senate Banking Committee, led by Senator Tim Scott, is set to establish the first-ever cryptocurrency subcommittee. This comes just before Trump’s inauguration, which is expected to launch pro-crypto regulatory initiatives.
KikyoTether is expanding into AI filmmaking, hiring experts and planning to grow its team to 200 by mid-2025. The company is also investing in AI and cloud computing to enhance scalability and technology.
Anais