Elon Musk vs. OpenAI – The ICO Credibility Conundrum

Elon Musk, the billionaire CEO of Tesla and co-founder of OpenAI, reportedly dismissed a proposal by OpenAI CEO Sam Altman to launch a cryptocurrency token in early 2018.
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EU Regulator Issues Strict Screening Guidelines for Crypto Providers

The European Banking Authority has issued strict guidelines to enhance compliance among financial institutions and crypto service providers, mandating effective screening systems to ensure adherence to EU sanctions by December 30, 2025.
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Norwegian Task Force Urges Caution on CBDC Rollout: Report

Norway’s CBDC task force recommends delaying digital currency rollout, noting declining cash usage but no immediate need for CBDCs. Regulatory groundwork is advised to ensure financial inclusivity and emergency preparedness, as Norges Bank plans further research for a 2025 recommendation.
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Former SEC Chair Jay Clayton Tapped By Donald Trump For USDNY Attorney Role

Former United States Securities and Exchange Commission (SEC) Chair Jay Clayton has been selected By President-elect Donald Trump to serve as the U.S. attorney for the Southern District of New York, the former U.S. president announced Thursday, November 14. Clayton previously served as SEC Chair from 2017 to 2020, notably approving a federal securities lawsuit against Ripple Labs.
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