Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation
Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13. Source
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Control
China to tighten control on exports of AI chip-making materials
The Chinese government has announced plans for export controls on metals predominantly used to manufacture semiconductors used in the development of artificial intelligence (AI) systems.On July 3, the Chinese Ministry of Commerce issued a joint statement with the General Administration of Customs, saying the controls are aimed at protecting national
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CFTC scrutinizing Kalshi congressional control contracts to ensure fairness and compliance
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Commodity Futures Trading Commission (CFTC) has announced its review of contracts offered by KalshiEX, a prediction market provider that also supports crypto bets. The regulator says the move aims to ensure the contracts’ fairness and
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CFTC Kicks Off Review of Prediction Market Kalshi’s Congressional Control Betting Contracts
"The Commission should treat Kalshi’s certification in the same manner it treats all DCM certifications of new products, and then do what Congress provided: Undertake a public rulemaking process to establish a legal framework for exercising its discretion to determine whether event contracts, including those relating to political control, may
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Bitcoin bulls look to re-establish control — Will BNB, LTC, OKB and QNT follow?
The bears lost an opportunity when they failed to sustain Bitcoin (BTC) below the $25,000 level this week. That may have attracted buying from the bulls who are attempting to start a recovery in Bitcoin and select altcoins. Additionally, BlackRock’s application to launch a Bitcoin spot price exchange-traded fund and the
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U.S. CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress
The prediction markets – which allow people “to buy and sell contracts on whether events are going to happen or not,” as Kalshi describes it on its site – have had a tumultuous recent history with the CFTC. Other companies had been ordered to cease doing business in the U.S.,
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President of Brazil Signs Decree Giving Central Bank Control Over Crypto Firms
According to the bill, the central bank of Brazil has control over crypto firms, while the CVM handles tokens that are securities. Brazil has introduced a new law that passes regulation of crypto firms to the country’s central bank. President Luiz Inácio Lula da Silva (Lula) signed the law increasing the
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AMD Announces New AI Chip Positioned to Challenge Nvidia’s Market Control
A notable difference between AMD’s MI300X and Nvidia’s H100 is the storage facility. While the AMD AI chip can use up to 192 GB of memory, Nvidia’s chip supports 120 GB. American multinational semiconductor company AMD (NASDAQ: AMD) has announced a new AI chip that is positioned to challenge its rival
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George Soros Hands Over Control of $25B Empire to Son Alex
Alex said that he is “more political” than his dad and mentioned his stance against the former president. George Soros, the popular philanthropist, and businessman, revealed that he is handing over his $25 billion empire to his son Alex. According to Forbes, George Soros is one of the top 400
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FTX Bankruptcy Judge Says U.S. Courts Should Have Full Control Over Exchange’s $7.3B in Assets
While liquidators based in the Bahamas argued that a Bahamian judge should preside over part of the bankruptcy case, FTX’s restructuring advisors, who took over the exchange after the company’s founder Sam Bankman-Fried was arrested on fraud charges last December, argued against the request. Source
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