Core Insights - U.S. Bank CEO Gunjan Kedia emphasized the importance of embracing new financial products like stablecoins and cryptocurrencies to create value for clients [1][2] - The bank is adapting to serve a diverse customer base, including those who still use traditional banking methods like checks [2] - Kedia highlighted the need for banks to remain grounded in their core mission while also being open to innovation and change in the financial services landscape [3] Industry Trends - Significant shifts in the financial services sector include a re-examination of the regulatory environment and advancements in technology [3] - The emergence of stablecoins and cryptocurrencies is reshaping how money is transferred and who facilitates these transactions [4] - The passage of the Genius Act has established a regulatory framework for stablecoin issuers, with ongoing efforts to pass the Clarity Act to provide market structure for digital assets [5] Company Developments - U.S. Bank is preparing to offer stablecoin investment tools and has recently announced its first stablecoin custody mandate, partnering with Anchorage Digital Bank [6] - The bank has experience in cryptocurrency custody, which provides a clear business and revenue model for its operations in this area [7] - However, the payment stablecoin function presents challenges, particularly regarding disputes and transaction value disagreements, reminiscent of issues in barter systems [8]

I love it when technology, crypto, and macro come together in someone's journey... and there's no one better than my dear friend @dan_pantera, an OG in the space! Please enjoy https://t.co/ShZAd2tB3u ...

crypto is the greatest technology of all timeby mere virtue of holding a coin, you can instantly become a technical cryptography expert on that coin's competitors overnightcombine this with grok and chatgpt and we have a new technological renaissance on the wayzetardio ...

There are a lot of room for robots out there. Ours is uh primarily focused on sidewalks and it's for denser environments and for the foreseeable future there's demand for more robots. So the more the marrier.We went from a 100 robots at the beginning of the year to a thousand today. By the end of this year we're going to have 2,000 robots. >> How do you choose which cities to expand into.>> There's a number of things. One of them is obviously demand and and uh you know concentration of restaurants and popul ...

AI and the Federal Reserve - The Fed is dedicating significant attention to AI, with approximately 25% to 33% of Fed communications addressing the topic [2] - A Fed governor suggests policymakers should allow AI disruption, trusting long-term benefits will outweigh costs, similar to historical technology trends [2] - History indicates new technology fosters growth and employment, with capital and labor acting as complements [3] - The challenge for policymakers is to facilitate worker and firm adaptation, ensuring efficiency gains translate to higher wages and growth [3] AI's Impact on Labor and Productivity - AI-related job losses are currently managed through attrition and retraining, but layoffs are expected to increase, particularly for college-educated workers [5] - AI presents potential threats including fraud, disinformation, bias, and cybersecurity [6] - The Fed anticipates AI could deliver greater productivity, potentially allowing the Fed to operate at a lower rate [6] Regulatory Approaches and Investment - A Fed governor suggests the US approach of allowing technology to develop before regulating is superior to Europe's preemptive regulation [7] - The US approach is credited for the US leading Europe in the 1990s technological boom [7] - A report indicates AI investment may have peaked in the first half of the year [8] Monetary Policy Implications - One Fed governor suggests the neutral rate could be higher due to capital investment from AI [8] - The potential influence of AI on monetary policy, particularly regarding long-run rate outlook changes due to investment and productivity booms, remains a key consideration [9][10]

RT Bloomberg Live (@BloombergLive)At #TheFutureInvestor, Eric Freedman of U.S. Bank shares how regulation, disruption, and technology are reshaping the investor landscape. See him on 11/4 in Houston: https://t.co/2m7lsO9tjX https://t.co/J94jVBvQTM ...

RT Ilan Hazan (@ilanhz)Same mission since day 1: educate, inform and build products with the technology we cover. ...

walking. So old school, right. It's like if you want to go across the office or down the street or to the other side of the building, you have to use your feet.Like it's the middle ages. It's so it's who has the time. You know what I mean.Well, I have a better way. They're hoverboards. They're those two wheeled self-balancing scooters and they are all the rage.From the Verge and Vox Media, this is Version History, a show about the best and worst and strangest and most important products in the history of te ...

Hold on to your crypto wallets, folks. XRP is making waves, and you won't believe what's coming. Experts are buzzing about a potential price explosion for Ripple's XRP with a jaw-dropping $10 target on the horizon.But here's the kicker. It's not just speculation anymore. We've got confirmation, and it's sending shock waves through the crypto world.Imagine turning a $1,000 investment into $10,000. That's the kind of growth we're talking about. But why is XRP suddenly the talk of the town.It's all about adopt ...

Investment Opportunity - Bitwise CIO highlights Solana as an exciting new technology for potential investment [1]