By Nynu Jamal Key highlights: Binance users moving funds across borders will face new reporting rules from November 1. They need to report details, including the purpose and counterparties involved. Domestic transfers will not be affected by the new reporting requirements. Crypto exchange Binance is reportedly tightening its rules for Brazilian users who make cross-border […]
Category: News
By Hassan Shittu Key highlights: Trump named DNI Jay Clayton to lead the new “Super Intelligence Force” (SIF), alongside FTC Chair, Pentagon CTO, and OPM Director. The SIF will coordinate government-AI company engagement and review federal reporting systems for AI breaches. Core tension: Trump opposes regulation that could slow AI or enable China cooperation, while […]
By Michael Adeleke Key highlights: The Independent Community Bankers of America (ICBA) filed suit against the OCC. The group said Congress did not give the OCC power to grant national trust charters to crypto firms. It wants the court to cancel a conditional charter given to Protego Holdings. A trade group for small US banks […]