Will the Senate ignore the ex-regulator bipartite proposals for cryptographic infrastructure? – Great Book Insights

Two former regulators have made proposals for regulations on American cryptography infrastructure for years. Unfortunately, their pragmatic suggestions seem to fall into the ears of a deaf. Today, Timothy Massad, the former Democratic president of the Commodity Futures Trading Commission (CFTC) again provides testimonyThis time during a hearing of the Senate banking committee. He and…

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U.S. Rep. Bryan Steil to Chair House Subcommittee on Cryptocurrencies

A Wisconsin congressman will lead the House subcommittee on digital assets, financial technology and artificial intelligence. Bryan Steil, a Republican representing the 1st Congressional District in southeastern Wisconsin, was appointed on the docket Thursday. Its subcommittee’s purview includes things like mobile banking and non-fungible tokens, or NFTs. This will also be the first step in…

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Kalshi sues New York regulators after Crypto.com loses in Nevada

Brief Kalshi filed a federal lawsuit against New York regulators seeking to stop the state from treating its sports prediction markets as illegal gambling. The lawsuit follows an Oct. 24 cease-and-desist letter from the New York Gaming Commission threatening civil penalties unless Kalshi terminates sporting event contracts. Judge Andrew P. Gordon previously denied Crypto.com’s injunction,…

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Why DigitalOcean Holdings (DOCN) Is Up 6.5% After Expanding AI Partnerships With OpenAI and NVIDIA

During its recent London deployment conference, Digititalocean announced a major expansion of its IA ecosystem and officially introduced the Digitalocean AI partner program, offering customers new integrations and access to the main models of AI and companies of companies such as OpenAi, META, AMD and NVIDIA. This decision aims to create a complete and flexible…

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