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Crypto Exchange FTX Puts a Pause on Anthropic Stake Sale


Bankrupt crypto exchange FTX has put a pause on the sale of its stake in the AI startup Anthropic.  The boutique investment bank that acts as an adviser to FTX, Perella Weinberg Partners,  informed bidders this month about the abrupt halt in the sale of the exchange’s stake in Antropic, Bloomberg...

EU Puts Brakes on Legislation for Digital Euro – What's Going On?


The European Union was nearing the originally scheduled date for implementing the legislation required for a digital euro, slated for June 28th, just over a week from today, June 20th.  However, with the deadline looming, the EU has opted to temporarily put the bill on hold. The delay came after...

Circle CEO Allaire Puts Pressure on House Lawmakers To Pass a Stablecoin Bill


The CEO of stablecoin issuer Circle put the pressure on lawmakers to pass a stablecoin bill and get it signed by President Joe Biden as other countries forge ahead. Delivering a stablecoin bill to “President Biden’s desk should be a national priority,” said CEO Jeremy Allaire in his prepared...

Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro


Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail...

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