ECB President Christine Lagarde Calls for Toughening Stablecoin Regulatory Compliance
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Lagarde stressed that stablecoins should comply with EU-equivalent regulations in other jurisdictions to operate in the region. She also called for establishing assurances to avoid the transfer of EU funds abroad in the case of runs on these assets. Lagarde Stresses Stablecoin Projects Should Comply With EU-Equivalent Regulation in Other Jurisdictions The European Union (EU) […]

Sam Altman Says Rise in Twitter Bots Lends Credence to Dead Internet Theory
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OpenAI CEO Sam Altman posted on X that “i never took the dead internet theory that seriously but it seems like there are really a lot of LLM-run twitter accounts now,” prompting renewed debate about the prevalence of AI-generated accounts and content online. X platform observers noted the remark underscored growing concerns around authenticity, moderation, […]

Economist: USDT Leveraged to Settle Crude Oil Sales in Venezuela
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The Venezuelan government is using USDT to receive payments for crude shipments, according to local sources. The move prevents a blockade of crude payments, allowing the Venezuelan government to supply the local foreign currency market directly. Venezuela Leverages USDT to Receive Crude Sale Settlements Stablecoins, such as USDT, have become essential in countries facing both […]