MINE.exchange has gathered the latest Web3 news from the past week that you might have missed.
– Democratic Senator Ron Wyden reported that representatives of the Department of Government Efficiency (DOGE), led by Elon Musk, gained full access to the U.S. Treasury’s payment system, which processes over $6 trillion in transactions annually.
– SoftBank and OpenAI have signed a partnership agreement to establish a joint venture in Japan that will provide AI services to corporate clients. This was announced by SoftBank CEO Masayoshi Son.
– Kraken crypto exchange has obtained a license to operate in the European financial markets (MiFID). This was made possible by acquiring a Cypriot investment company.
– U.S. President Donald Trump has signed an executive order to establish a Sovereign Wealth Fund, which he envisions as one of the largest in the world. The fund’s main objectives include strengthening the country’s financial stability, reducing tax burdens, and ensuring long-term economic security.
– The DeepSeek artificial intelligence, developed by a Chinese startup, has raised serious concerns among global regulators due to security risks, potential data leaks, and ethical issues.
– FTX Digital Markets crypto exchange has announced that it will begin creditor payments in the Bahamas starting February 18, 2025. The payouts will apply to claims of up to $50,000.
– Google has revised its AI policy, removing the ban on using artificial intelligence for weapon development.
– Czech President Petr Pavel has signed a law that exempts crypto asset holders from capital gains tax if they hold them for more than three years.
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