California just became the first state to require OpenAI, Anthropic and others to stick to their safety protocols.And on @EquityPod, the VP of Public Policy at @EncodeAction explains why regulation presents both new liabilities and protections.Listen to the full episode with @RebeccaBellan here: https://t.co/StWFU5Zyae ...

Regulatory Compliance & Institutional Adoption - ADI Chain aims to be the only sovereign blockchain with government regulation from the start, addressing compliance needs [1] - Historically, institutional firms, funds, and government entities have faced difficulties allocating capital into crypto and blockchain assets [1] - ADI's initiative seeks to eliminate roadblocks for institutional investment in crypto and blockchain [2] - ADI chain's regulation and approval, with mainnet launch soon, facilitates easier adoption for government entities to launch their own L2 and L3 solutions with native stablecoins [3] Technological Innovation & Performance - ADI Chain is positioned as a disruptor in the blockchain space [3] - ADI Blockchain utilizes ZkSync's Airbender technology [3] - ADI Blockchain claims to be 6x faster than any other rollup [3] - ADI Blockchain requires no GPU [3]

Regulatory Landscape & Legislation - Coinbase launched a six-figure marketing campaign against banks advocating for a rollback of crypto exchanges allowing stablecoin rewards [1] - The Genius Act, passed in July, allows crypto exchanges to offer rewards for stablecoins, which banks are now challenging [1][2][3] - The Blockchain Association supports the Genius Act, while banks are attempting to modify it through the Clarity Act [9][10] - Coinbase advocates for the Clarity Act to establish a clear market structure for crypto, assigning jurisdiction to the SEC and CFTC [11][19][20] - The company is pushing for the Senate to pass its version of the Clarity Act, potentially incorporating elements from the House version [22][23] Market & Competition - Coinbase offers a 41% reward for holders of USDC stablecoin [6] - Banks are perceived as trying to eliminate competition from crypto exchanges offering higher rewards on stablecoins compared to traditional savings accounts (approximately 025%) [5][7][8] - The company aims to preserve competition in the financial system and prevent a monopoly by big banks [5] - Coinbase believes the continued growth and adoption of stablecoins indicate the success of the Genius Act [18] Tax Policy & SEC - Coinbase prioritizes sensible crypto tax policy and seeks fair treatment of crypto assets compared to other asset classes [27][28][29][30] - The company is pursuing FOIA litigation against the SEC, alleging unfair treatment of crypto assets and destruction of text messages by the previous administration [32][33][34][35]

🇦🇪 LATEST: Abu Dhabi banned crypto mining on farmland, imposing Dh100,000 fines and cutting services to violators. https://t.co/qyKTTDoRUm ...

Tokenized Finance Capabilities - The solution enables stablecoin issuers to prove legal identity at the contract level, distinguishing genuine, reserve-backed stablecoins from fraudulent imitations [1] - Asset issuers and smart contract applications can achieve seamless compliance with regulations across different jurisdictions, including Europe's MiCA, the U.S. FDTA, and FATF requirements [2] - Custodians and VASPs can verify that receiving addresses meet FATF Travel Rule requirements without exposing customer data [2] - Banks and asset managers can issue tokenized assets with verifiable provenance throughout the asset's lifecycle [3] - Enterprises can restore control of compromised contracts using role-based recovery mechanisms [3]

Yesterday here in California, we just saw some new legislation. Governor Gavin Newsome signed one of the first bills to regulate AI companies in this state. It is called Transparency and Frontier Artificial Intelligence Act or SB53.It is the first to focus on the safety of these powerful AI models by forcing companies to publish documents that lay out how they are going to uh work to try to create safe AI systems. And it also adds some new protections for whistleblowers who raise concerns about AI health an ...

SCARLET: LIVE FROM NEW YORK, I’M SCARLET FU. TIM: WELCOME TO "BLOOMBERG CRYPTO." A LOOK AT THE PEOPLE, TRANSACTIONS, AND TECHNOLOGY SHAPING THE WORLD OF DECENTRALIZED FINANCE. WE HAD A GREAT PROGRAM COME UP.LET’S GET A SNAPSHOT OF THE MARKET AND JUST SEE HOW THINGS ARE SHAKING OUT RIGHT NOW. A LITTLE BIT OF RED ACROSS THE SCREEN. BITCOIN DOWN ABOUT 1%.ETHER DOWN 2.5%. LET’S ZOOM OUT ON THE MONTH FOR SOME OF THE BIGGEST CRYPTOCURRENCIES BY MARKET CAP. YOU CAN SEE A LITTLE BIT OF A DIVERGENCE.THE BEST PERFORM ...

Today, Bitcoin and Ether fall as a potential US government shutdown looms. The SEC and CFTC hold a joint roundt focused on regulatory harmonization between the two agencies. And Paul Greywall, chief legal officer at Coinbase, explains a new marketing campaign aimed at stopping the banking industry's efforts to undo provisions of the Genius Act.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Digital currencies in the red this morning after it was revealed that consumer confidence edged lower in September a ...

LET’S GET THE PERSPECTIVE OF C. E. O.OF THE BLOCK CHAIN ASSOCIATION CONTEXT. THE GENIUS ACT CREATES A REGULATORY STRUCTURE FOR THE ISSUANCE OF STABLE COINS. A FORM OF CRYPTO PEGGED TO THE DOLLAR AND SIGNED INTO LAW IN JULY.I THINK WE TALKED ABOUT IT SHORTLY THEREAFTER. WE’VE DISCUSSED THE IDEA THAT DAVID SACKS SOUTH THERE TALKING THIS IS DOLLARIZATION, THIS IS FANTASTIC. BUT WE’RE TALKING ABOUT NOW TENSION BETWEEN THE MORE MODERN INDUSTRY AND TRADITIONAL FINANCE.HOW FOR YOUR ASSOCIATION IS THAT BEING DEBATE ...

Regulation for DAOs could improve clarity, but also overregulation could lead to restrictions, universal KYC and problems that could render this amazing innovation useless.@TheDesertLynx https://t.co/88qF2HxyYW ...