society · 13 stories
RSS for society →-
Five global banks found Global Layer One Organisation to set frameworks for tokenized markets
HSBC, Kinexys by J.P. Morgan, MUFG, Societe Generale FORGE and Standard Chartered founded the non-profit, which moves the Monetary Authority of Singapore's GL1 initiative to the industry.
-
Nigeria's central bank sets stablecoin licensing rules and bans algorithmic tokens
Nigeria's central bank circular, effective November 5, 2026, requires approval for each stablecoin before issuance and gives existing operators 180 days to apply.
-
SBI Holdings to invest $100 million in Erebor Bank
SBI Holdings will invest $100 million in Erebor Bank, a U.S. digital bank co-founded by Palmer Luckey that reported more than $7 billion in deposits.
-
CNAS report urges safeguards against AI agents that pursue their own survival
A Center for a New American Security report by Ben Hayum says AI agents that pursue open-ended survival outside human control could cause an irreversible loss of control, and proposes eight measures.
-
Hong Kong Monetary Authority launches Project SAGE for AI agent governance in finance
The HKMA opened a framework on November 2, 2026, to oversee AI agents in financial services with industry and academic input.
-
Canada proposes stablecoin rules requiring Bank of Canada registration and one-to-one reserves
Draft regulations under the Stablecoin Act would take effect in fall 2027 after a 60-day comment period.
-
Anthropic files for Nasdaq IPO under ticker ANT
The AI company reported $16.3 billion revenue and an $80.7 billion net loss for the first half of 2026.
-
FINMA approves Switzerland's first retail bitcoin ETF, waiving diversification rules
The regulator cleared an exchange-traded fund that holds bitcoin directly and exempted it from risk-spreading limits.
-
South Korea's finance ministry meets crypto exchanges as ruling-party bill seeks to push 22% tax to 2029
A finance ministry meeting with five exchanges precedes a bill to tie the 22% tax to OECD reporting rules.
-
US banks detect unauthorized AI agents in customer accounts
Customers are sharing login credentials with third-party AI agents, violating bank terms of service and prompting security concerns.
-
Alexandr Wang, from Scale AI to Muse: the Meta executive building personal agents
Meta's chief AI officer came in when Meta bought 49% of his Scale AI. His lab's models power Muse, the agent that launched September 8, 2026.
-
Bankr opens early staking for BNKR token
Bankr began early staking for its BNKR token on September 26, 2026, offering a boost that can double over 12 months.
-
SEC staff says buybacks do not turn commodity tokens into securities
The SEC's Division of Corporation Finance published guidance on September 25, 2026 clarifying that buybacks and liquid staking tokens for commodities are not securities.