New York has quietly but dramatically shortened its list of pre-approved cryptocurrencies that regulated entities can readily exchange or custody on behalf of clients.
Driving the news: New York Department of Financial Services on Monday announced new standards for crypto exchanges, detailing new processes for listing and delisting coins — with it came an updated list of coins pre-approved by the state.
Israeli Prime Minister Benjamin Netanyahu on Monday asked Elon Musk, the owner of X, formerly known as Twitter, to take steps to curb antisemitism on the platform.
Why it matters: Musk earlier this month threatened to sue the Anti-Defamation League (ADL), accusing the nonprofit, without evidence, of "trying to kill" X after the group reported a spike in hate speech on the platform following the reinstatement of banned accounts.
Apple leadership regularly evaluates whether to continue advertising on X, in the wake of the social media platform's revamp, logistical changes and accusations of it amplifying hate speech, said CEO Tim Cook.
The newest Apple iPhones are almost here but starting Monday you can update past models to the latest operating system.
The big picture: iOS 17 adds features found on the iPhone 15 line, including improved autocorrect, live voicemail transcription and the new StandBy mode.
NFT owners should start thinking seriously if the art connected to their non-fungible token can survive the death of the company that made it.
Why it matters: The SEC has imposed hefty consent decrees on two different NFT companies already, effectively forcing them to shut down their crypto business.
Microsoft executives expected in spring 2022 to launch the next Xbox console in 2028, and were considering a more flexible approach to its gaming hardware, according to an internal chat log released as part of the Federal Trade Commission's lawsuit to block Microsoft's purchase of Activision.
Driving the news: The 2028 launch plan was referenced in a May 2022 meeting among more than a dozen senior Microsoft executives attended by CEO Satya Nadella, CFO Amy Hood, and head of gaming Phil Spencer, among others, according to the document.
The New York Department of Financial Services is raising the bar for exchanges listing and delisting tokens, adding to the spectre of more stringent crypto regulation coming at the state level.
Why it matters: New York's crypto licensing regime has a reputation for being amongst the most stringent — critics have said it's thwarted crypto business growth there, advocates say it could've prevented major catastrophes like FTX.
The health system in Britain is now deploying AI-powered mental health tools in large-scale clinical settings, while U.S. health insurance companies are trialing them.
Why it matters: AI may be able to help health systems address an overloadof patients in need of mental health care.
