Palantir (PLTR) head of U.K. and Europe Louis Mosley warned that the region is making the same mistake with artificial intelligence (AI) that it made with the internet. Where the U.S. “got the internet right,” built a score of businesses and became the backbone of… Read More
The report points to higher risks in so-called multi-issuer structures. Affiliated companies can issue the same stablecoin and share liability for it while keeping reserve assets in separate jurisdictions. If holders can redeem with any issuer in the group, demand could pile up on a… Read More
Developers are watching whether regulators distinguish writing software from running a financial intermediary. Cathy Yoon, chief legal officer at Solana-focused research and development firm Temporal, said she hopes the SEC will recognize developers as software creators without turning their work into a securities enterprise. “The… Read More
Dodd’s brief then took issue with the CFTC’s argument that it has “exclusive jurisdiction” over these products. “Nor is the CEA’s grant of ‘exclusive jurisdiction’ to the CFTC an express preemption provision immunizing every contract listed on a DCM from otherwise applicable state and tribal… Read More
“Moving assets onchain is only the first step,” said Bitget CEO Gracy Chen. “The bigger question is how efficiently that capital can work once it is there.” The IMF’s message is that while the use case is real, the market is still nascent. It said… Read More
“People were keenly aware, like me, they were bulled up because it was ‘go’ time,” Connors said. “We were going to go to that $250,000 to $300,000, $400,000 level using previous cycles.” Instead, the market turned against them. “The movement was obviously not onchain data.… Read More
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