AI guardrail removals raise questions over limits of open-source model regulation
Financial Times testing found safety controls on open AI models from Meta and Google could be stripped in minutes, raising governance concerns....
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UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks
UK sanctions Huobi exchange and ruble stablecoin issuer in first banking-style crypto crackdown targeting Russia's war financing. Regulation 17A restrictions require UK financial firms to freeze funds and trace blockchain transactions across multiple hops. The A7 payments network processed over $90 billion for Russian military procurement. Global regulators watching closely as traditional sanctions tools apply to digital assets.
Bermuda, the small island nation with huge crypto ambitions
Bermuda announced plans to become the world's first fully onchain economy, partnering with Circle, Coinbase, and Stellar. The government is airdropping USDC to residents, accepting digital assets for taxes starting with vehicle registration, and creating a sovereign digital dollar. Regulatory updates cover smart contracts, property law, and compliance automation. The initiative aims to reduce banking fees and position Bermuda as a global tokenized assets hub.
Coinbase’s Base launches AI tool for ChatGPT to manage crypto wallets and DeFi apps
Coinbase's Base network launched Base MCP, an AI tool connecting crypto wallets to ChatGPT and Claude for managing DeFi apps through chat prompts. Users can send funds, swap tokens, and track portfolios without navigating complex interfaces. Integrations include Uniswap, Morpho, and Moonwell, positioning AI agents as the future gateway for onchain app discovery and crypto adoption.