The Case for Congressional Focus on Decentralized AI

That’s why it’s imperative lawmakers not overlook decentralized AI as they begin to regulate AI. It’s probably human nature to ignore, considering the broader AI industry is exploding and dominated by some of the world’s biggest corporations. They’re acquiring startups, pushing advancements, and launching new products at a breakneck pace. While there’s nothing wrong with Microsoft, Meta, Alphabet, and others investing heavily in the industry, lawmakers need to create space for researchers, entrepreneurs, and developers to thrive as well; that entails among other things remaining vigilant on antitrust, and ensuring…

Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup

“Bitwise is likely just catering to things they’re hearing from clients and potential clients,” said James Seyffart, ETF analyst at Bloomberg Intelligence. “They have an actively managed division within Bitwise, so it makes sense to give it a try. We know there are investors looking to invest in bitcoin but who want to limit the volatility and particularly the downside volatility/drawdowns. I think that’s what this will aim to do. Whether or not it will be successful is something we will learn in the coming years, but timing the market…

Crypto Exchange Coinbase (COIN) to Delist Unauthorized Stablecoins in EU by December

Coinbase, the second biggest exchange, after Bybit, according to CoinGecko data, has been racing alongside other companies to become compliant with the European Union’s MiCA rules which require firms to be authorized in at least one EU country. Rules for stablecoins came into force on June 30, which require stablecoin issuers to have an e-money license in an EU member state to be able to operate in the bloc of 27 nations. Source