Coinbase’s recent data breach is prompting renewed calls to remove Know Your Customer (KYC) requirements in licensed cryptocurrency exchanges.Illicit actors bribed the exchange’s overseas customer service agents in December 2024…
On January 31, 2024, leading U.S. banking trade groups, including the American Bankers Association (ABA), the Bank Policy Institute (BPI), and the Securities Industry and Financial Markets Association (SIFMA), sent…
ChatGPT-maker OpenAI has abandoned plans to become a for-profit company and reaffirmed commitment to its nonprofit status. In a May 5 blog post, OpenAI confirmed plans to convert its for-profit business…