Thailand’s Securities and Exchange Commission has proposed a same-owner requirement for stablecoin transfers that would sharply narrow how customers can move tokens such as USDT through licensed crypto firms. The measure remains at the consultation stage and is not yet an operative rule. Under the SEC Board-approved Sept. 3 consultation principles, stablecoins entering a customer…
OpenAI launched ChatGPT for Financial Services, targeting the labor-intensive research, modeling and pitchbook tasks traditionally handled by junior bankers. Source: www.cnbc.com Read Full Story
The draft adds registration requirements for controlled trading protocols and leaves its ethics provisions largely unchanged. Source: decrypt.co Read Full Story
The US Treasury has set a $6 billion ceiling for a Sept. 10 buyback of older long-dated bonds, giving dealers more room to offload inventory. For Bitcoin, the question is whether that relief can extend beyond bond trading into broader financing conditions. The tentative schedule published Sept. 9 targets nominal Treasury securities with 10 to…
As Chinese electric car sales slow and share prices tumble, several of the automakers are ramping up humanoid robotics development. Source: www.cnbc.com Read Full Story
A Gamers Nexus investigation found LG sets scanning every device on a home network and capturing microphone audio with the screen off, four months after LG promised Texas regulators it had cleaned up its tracking. Source: decrypt.co Read Full Story
Arbitrum’s Watchdog Committee, a grant oversight body, has given three DeFi projects until a tentative Sept. 10 deadline to answer high-severity misuse findings and return funds it considers unresolved, or face separate votes on permanent exclusion from future DAO programs. The cases name Good Entry, Limitless and APX Finance, formerly ApolloX. Their cited figures add…
Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers. Source: decrypt.co Read Full Story
Filling open commissioner positions at the regulatory agency has been a sticking point in negotiations over the Clarity Act. Source: www.cnbc.com Read Full Story
Bitcoin and gold are trading more like each other than at any point since 2020, even as their latest divergence tests that relationship. Their 90-day correlation has climbed to about 0.55, the highest in nearly six years, while Bitcoin’s volatility stands at 36.2% compared with 25.3% for gold. That makes Bitcoin just 1.43 times as…