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View More NewsFrance’s national cybersecurity agency ANSSI said Tuesday that it will stop certifying security products that lack quantum-resistant encryption, reflecting growing concern among governments about quantum threats to cryptography. ANSSI chief of staff Samih Souissi said at the France Quantum 2026 Summit that it would halt such certifications in 2027 and that businesses should buy only quantum-safe products by 2030, Reuters reported.“ANSSI has been telegraphing this move for years,” Marin Ivezic, the founder of consulting firm Applied Quantum, said in a post on LinkedIn. “What changed yesterday is that ANSSI’s chief of staff said it publicly at a major conference, in front…
The GENIUS Act, signed into law last year, established the first federal framework for payment stablecoins in the United States. Among other requirements, issuers must hold reserves in cash, short-term Treasury securities and certain government money market funds.The legislation has created an opportunity for traditional asset managers to offer regulated vehicles that stablecoin issuers can use to manage those reserves while generating yield.Fidelity’s fund will invest in U.S. Treasury bills, notes and bonds with maturities of 93 days or less, cash, overnight repurchase agreements backed by Treasuries and other government money market funds that comply with the law.”Fidelity has a…
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Last Wednesday, 3 June, was surely one of the most shameful days in the Knesset’s 77-year history. Michael Rabello, the personal attorney of Israeli prime minister Benjamin Netanyahu, was elected the country’s next state comptroller—the official who inspects, reviews, and audits government policy and conduct, and whose broad powers of inspection include the use of hundreds of lawyers, accountants, and other professionals under his authority.Israeli law stipulates that the Knesset vote for this position must be carried out in secret, with MKs casting ballots alone behind a screen. Rabello’s rival for the post, former Supreme Court justice Yosef Elron, won…
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In brief Trace Finance raised a $32 million Series A round led by CoinFund, with backing from Coinbase Ventures, Haun Ventures, and more. The…
from the have-we-tried-being-less-evil? dept The US military has engaged in extrajudicial killings via drone strikes since it was first shown this tech could be…
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, a move markets had expected nearly unanimously.This was the…
Prediction market Kalshi has partnered with compliance software provider StarCompliance to launch a monitoring platform designed to help financial companies oversee employee activity on…
Ben Keener and I have posted a new paper on the original meaning of the Citizenship Clause of the Fourteenth Amendment. This one provides…
Bitcoin is trading flat while the rest of the crypto market showing signs of a capital rotation.The largest token traded around $65,800 on Wednesday,…
BitGo, a crypto custody company, is moving into Europe’s tighter regulatory landscape as exchanges race to maintain access ahead of a key licensing deadline.BitGo…
In brief The leaders of the Senate Banking and House Financial Services committees have released updated text for the 21st Century ROAD to Housing…
On May 29, DOJ asked Judge Ross to recuse in United States v. Raffensperger, a suit to obtain Georgia election records. The motion sat…
XRP’s push above $1.25 lasted only a few hours. Sellers showed up near the highs and drove the token back through $1.23 on some…
Solana treasury companies are resisting acquisition attempts by Forward Industries, with two firms rejecting proposed combinations and a third allowing its offer to expire…
A court in Germany has ruled that Google is legally responsible for false information generated by its AI Overviews, treating those summaries as Google’s…