Tech chief says EU can handle AI risks

European Union rules on AI use are more than capable of dealing with rogue agents, EU tech chief Henna Virkkunen said. There are global concerns following incidents at OpenAI ‌and Anthropic, and fears have arisen that rogue AI agents may venture beyond human control. “We see that the safety and security of very capable models … Read more

Wealthy Investors Embrace Crypto as OKX Raises Capital

Affluent investors appear increasingly comfortable with crypto, even if their financial advisers aren’t keeping pace. A new CoinShares survey found that a majority of wealthy investors across seven major economies already own digital assets, with many planning to increase their exposure this year. The findings come as capital continues to move into crypto in other … Read more

Blockchain.com Applied for CFTC Licenses for Prediction Markets, Derivatives: Report

Blockchain.com has reportedly applied to the US Commodity Futures Trading Commission (CFTC) for approval of prediction market offerings and crypto derivatives.  CNBC reported Friday that the exchange filed for two licenses with the CFTC for event contracts and crypto derivatives offerings for US-based retail and institutional investors. The licenses, as a designated contract market (DCM) … Read more

Ledger Warns CryptoBilis Buyers Amid Crypto Loss Reports

Hardware wallet maker Ledger is investigating reports of cryptocurrency losses involving devices purchased from a Southeast Asian reseller, warning affected customers to consider moving their assets to new wallets while the investigation continues. In a statement posted on X, Ledger said it had asked reseller CryptoBilis to suspend sales and shipments of its devices as … Read more

NY AG Secures Up to $35M in Celsius Founder Alex Mashinsky Settlement

Former Celsius CEO Alex Mashinsky has been permanently barred from the cryptocurrency, securities and commodities industries under a settlement with New York Attorney General Letitia James that includes up to $35 million in conditional payments. The New York agreement, announced Friday, settles a 2023 civil lawsuit accusing Mashinsky of misleading hundreds of thousands of investors … Read more

HSBC Tests AI-Powered Payments With Blockchain Deposits

British banking giant HSBC and Ant Digital Technologies have tested a system that lets AI agents access digital services and make micropayments using tokenized bank deposits, with transactions settled in real time on a blockchain testnet. According to Friday’s announcement, the test combined HSBC’s Tokenised Deposit Service with Ant Digital’s Anvita Flow network, which enables … Read more

Dragonfly Partner Rejects ‘Bunker Mode’ Doomerism, calls for proactive blockchain measures

Dragonfly’s managing partner, Haseeb Qureshi, called Ethereum researcher Justin Drake’s “bunker mode” warning “cryptographic doomerism,” and said migrating tokens to fresh addresses was not a real solution against the threat of artificial intelligence breaking cryptographic signatures. “Bunker mode” would only protect investors’ coins as long as they weren’t moved from the fresh address, wrote Qureshi … Read more

ESMA Explores Tokenized Collateral for EU Clearinghouses

The European Securities and Markets Authority (ESMA) wants evidence that clearinghouses can access tokenized collateral and turn it into cash if markets come under stress. ESMA published a call for evidence Friday to seek industry feedback on the implications of tokenized collateral. “We must create the conditions for tokenized markets to operate safely and at … Read more

Thailand Clears Path for Bitcoin, Ether ETFs on Stock Exchange

Thailand’s Securities and Exchange Commission on Thursday finalized rules allowing crypto exchange-traded funds (ETFs) to list on Thailand’s main stock exchange, limited initially to Bitcoin and Ether. The regulator said the rules will take effect on Oct. 16, 2026. Crypto ETFs must be listed for trading exclusively on the Stock Exchange of Thailand. Products linked … Read more