Mastercard secures New York BitLicense for crypto operations
The payments giant can now legally conduct digital asset business activity in New York as it deepens its focus on blockchain-based settlement systems.
Government Technology AI·
A private university in New York aims to integrate recent AI initiatives into a cohesive center for education and research, offering different degrees and integrating AI into various fields from healthcare to business.
Read full articleThe payments giant can now legally conduct digital asset business activity in New York as it deepens its focus on blockchain-based settlement systems.
Mastercard Transaction Services (U.S.) LLC received a Virtual Currency License from the New York State Department of Financial Services on Wednesday, giving the global payments company formal standing to operate digital asset services in one of the most tightly regulated financial jurisdictions in the country. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access […]
NY-12 congressional candidate Alex Bores speaks during a campaign event. | Bloomberg via Getty Images By the time that the Democratic primary for New York's 12th congressional district wraps up in June, Anthropic and OpenAI will have spent millions on their battle over the political future of AI: who gets to regulate it, or who will be punished for trying to regulate it. But the real winner of their feud may be the guy they're currently fighting over: a once-obscure New York state assemblyman, who they've Streisand-effected into becoming the poster child for AI safety regulation. Ever since late 2025, Leading the Future, a super PAC funded by OpenAI, Palantir, and a16z executives, has spent millions against Alex Bores, who wrote one of the … Read the full story at The Verge.
Mastercard has secured a highly coveted BitLicense in New York, anchoring its compliance-first strategy for stablecoins on Wall Street.
Mastercard's regulatory approval in New York could accelerate the integration of digital currencies into mainstream financial systems, enhancing trust and innovation. The post Mastercard wins New York regulatory approval to scale digital currency infrastructure appeared first on Crypto Briefing.
We’d like to hear what Americans think about the pope’s latest remarks criticizing the rapid development of AI The first American pope has made waves since taking the position. However, after his latest remarks – that AI could make civilization less human and a plea for governments globally to actively slow AI development – people in the US have been divided. Some Americans celebrated the commentary, with former New York council member Brad Lander calling it “bold moral leadership” and Florida representative Anna Paulina Luna telling her constituents on social media that she concurs with Pope Leo’s sentiments. In contrast, Doug Burgum, the US secretary of the interior, pushed back and said he didn’t “know that tech editorializing was part of the role of being Pope”; while David Sacks, the former White House AI and crypto czar, posted on X that government regulation of AI poses serious dangers. Continue reading...
PRESS RELEASE. The evolution of finance is fundamentally a silent revolution focused on breaking barriers and enhancing efficiency. From the ringing bells of the Amsterdam Stock Exchange to the historic prosperity of New York’s Wall Street, traditional finance (TradFi) has built a vast, rigid, and tightly regulated capital operation system over the past centuries. However, […]
Cyannova Capital (“Cyannova” or the “Company”), a New York-based investment firm, announces its inaugural investment fund, Cyannova Capital, LP, at its private industry reception held in Hong Kong. The fund is positioned as event-driven capital and operates as a resource integration platform, strategically leveraging the momentum of a significant global