Latest Business News, Market Insights & Global Economy Updates
The U.S. Federal Deposit Insurance Corp. has rolled out the first official rule proposal stemming from the new law governing stablecoin issuers, with its board voting Tuesday to open a 60-day public comment period on its system for handling applications from its regulated banks looking to issue stablecoins from subsidiaries. The agency — led by…
Truly we are spoiled. Not one, but two Commons announcements on immigration from the home secretary. Both of them statements of intent. Foreigners, your time is up. Britain isn’t just full. It’s super-saturated with all the wrong kind of people. Theresa May must be shaking her head. She got labelled with creating a hostile environment…
Google DeepMind shared on Thursday a research preview of SIMA 2, the next generation of its generalist AI agent that integrates the language and reasoning powers of Gemini, Google’s large language model, to move beyond simply following instructions to understanding and interacting with its environment. Like many of DeepMind’s projects, including AlphaFold, the first version…
The U.S. Treasury Department is pushing forward with a narrow comment window on its preliminary, formal efforts to solidify the recently established stablecoin law into a set of regulations. This arm of President Donald Trump’s administration has opened what’s known as an “advance notice of proposed rulemaking” on Friday, which is an early step taken…
