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Taiwan FSC proposes law allowing banks to issue stablecoin

The Taiwan FSC plans to propose a draft law in June 2025, allowing local banks to issue stablecoins tied to the new Taiwan dollar. According to a report from local media outlet Money UDN, the Taiwan Financial Supervisory Commission wants to introduce a draft law covering virtual asset service provision or VASP. One of the … Read more

Justin Sun proposes plan to drive Ethereum to $10,000

Key Takeaways Sun’s plan proposes stopping ETH sales to reduce selling pressure on the market. The plan also calls for downsizing the EF staff and increasing salaries for remaining employees. Share this article Founder of the Tron blockchain Justin Sun on Wednesday released a plan outlining how he would manage the Ethereum Foundation (EF) and … Read more

Biden administration proposes sweeping new restrictions on exporting AI chips

With a week left in office, President Joe Biden introduced a new set of guidelines and restrictions for exporting U.S.-made AI chips. On Monday the administration announced its Interim Final Rule on AI diffusion. This ruling is meant to “provide clarity to allied and partner nations about how they can benefit from AI” and streamline … Read more

U.S. agency proposes rule requiring refunds after crypto hacks

The Consumer Financial Protection Bureau has proposed a rule that would require U.S. cryptocurrency companies to refund customers who lose funds due to hacks or unauthorized transactions.  he proposal aims to extend the consumer protections already in place for traditional bank accounts to digital wallets used for cryptocurrencies, according to Financial Times reporting.  The CFPB’s … Read more

Commanders’ Jeremy Reaves proposes to longtime girlfriend after win: ‘That’s my best friend’

Washington Commanders safety Jeremy Reaves was on top of the world on Sunday night. Reaves had two tackles in the team’s 30-24 overtime win against the Atlanta Falcons to solidify the team’s first playoff appearance since 2020. Then, he popped the question to his longtime girlfriend, Mikaela Worley. She said, “Yes.” CLICK HERE FOR MORE … Read more

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