Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose out to stablecoins, according to Omid Malekan, an adjunct professor at Columbia Business School.Overcollateralized...
A vote from the Senate Commerce Committee on a bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported public feedback on the bill had surged since it was last debated.After being...
US Treasury Secretary Scott Bessent said on Thursday that the US would suspend restrictions designed to limit access to Chinese companies buying technology that the US government considers sensitive.The eased restrictions were given in exchange for China agreeing...
Innovate NY, a self-described “pro-digital assets” political organization funded with about $100,000 ahead of the New York City mayoral election, has backed independent candidate and former state Governor Andrew Cuomo. In a Tuesday notice, Innovate NY endorsed Cuomo for...
Nasdaq-listed OceanPal Inc. has raised $120 million through a private investment in public equity deal to launch SovereignAI, a new subsidiary focused on commercializing the NEAR Protocol and developing AI infrastructure. According to a Tuesday announcement, SovereignAI will...
