[ad_1] We have filed an application with the Office of the Comptroller of the Currency (“OCC”) for a national trust company charter. If approved, the application would establish Payward National Trust Company (“PNTC”), which would provide fiduciary custody and other services primarily for digital assets. PNTC expects to serve institutional clients and individual customers seeking regulated, bank-level custody and trust services for digital assets, leveraging Payward’s existing infrastructure, risk management, compliance programs, and regulated affiliates to deliver services in a secure and compliant manner. This application marks Payward’s latest step in building out a robust federal regulatory infrastructure for digital…
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[ad_1] You know how it goes. One incident, one rushed report, and suddenly a minor oversight turns into a major compliance issue. Not because your team isn’t capable, but because even the best people can only do so much with systems that aren’t built for the realities of environmental health and safety.
[ad_1] Over the next six weeks, Brockman said, Musk and the other cofounders had intense discussions about creating a for-profit entity to raise enough capital to build artificial general intelligence—powerful AI that can compete with humans on most cognitive tasks. Musk wanted to have majority equity in the entity and the right to choose a majority of the board members. He also wanted to be its CEO, said Brockman. Brockman testified that in August 2017, he and other cofounders gathered to hash out the terms of the for-profit structure. Ilya Sutskever, OpenAI’s chief scientist at the time, arrived bearing a…
[ad_1] Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and…
[ad_1] The US Strategic Bitcoin Reserve already exists as an executive-order framework for retaining government-held Bitcoin. ARMA would seek to codify it in law and potentially extend it into an active accumulation strategy — with major implications for Bitcoin’s supply dynamics, reserve-asset status and the next phase of sovereign adoption. The US Strategic Bitcoin Reserve (SBR) returned to the headlines on April 27, 2026 after Congressman Nick Begich (R-Alaska) announced imminent plans to reintroduce the BITCOIN Act under a new name: the American Reserves Modernization Act, or ARMA. The news came on the same day Patrick Witt, executive director of…
[ad_1] Member rewards programs are structured marketing strategies aimed at boosting customer loyalty through incentives for repeat purchases. These programs typically use a points-based system, allowing you to earn points by making transactions, referring friends, or engaging on social media. You can later redeem these points for exclusive offers or discounts. Comprehending how these programs function can help you leverage their benefits effectively, but there are key features and challenges to evaluate. Key Takeaways Member rewards programs are marketing initiatives designed to encourage customer loyalty through incentives for repeat purchases. Customers earn points based on transactions, which can be redeemed…
[ad_1] The Trump Administration on Friday launched a new website that will house a collection of “new, never-before-seen” files about UFOs, according to the Pentagon. (And yes, we’re apparently okay with calling them UFOs again, as the URL to the new website is war.gov/ufo.) In a public announcement by the Defense Department — which, under Trump, rebranded as the Department of War — the initial set of files housed on the site will include those containing Unidentified Anomalous Phenomena (UAP) videos, photos, and original source documents from across the entire U.S. government. The materials have been reviewed for security purposes,…
[ad_1] US prosecutors in the Southern District of New York have charged 3 people associated with Super Micro Computer Inc. This is in connection with what is being called the biggest AI chip smuggling case since the US imposed new export rules on high-tech semiconductors to China back in 2022. The indictment involves Yih-Shyan “Wally” Liaw, founder of Super Micro; Ruei-Tsang “Steven” Chang, a sales manager in Taiwan; and Ting-Wei “Willy” Sun, an external consultant. According to the indictment, the three were engaged with an unnamed intermediary from Southeast Asia, reported to be OBON Corp, a Thailand-based firm, and a…
[ad_1] We’ve partnered with SecondFi, the self-custodial neofinance platform from EMURGO, (a co-founding entity of the Cardano blockchain), to launch SecondFi’s first-ever self-custodial card. It will enable users to spend directly from their own wallets while retaining full control of their funds at all times.What Does the Partnership Consist Of?The partnership builds on the first phase of the collaboration, in which EMURGO launched the Cardano Card with Wirex as the card issuer at the Cardano Summit 2025, a fully custodial solution that saw strong early adoption and represented Cardano’s largest entry into digital payments. Following the launch, the Cardano community delivered clear…
[ad_1] A Character.AI chatbot told a Pennsylvania patient it was a licensed psychiatrist, fabricated a state medical license number and offered treatment for depression. Only problem: the patient was a state investigator. Pennsylvania Governor Josh Shapiro filed a lawsuit against Character.AI, claiming the chatbot “Emilie” violated the state’s Medical Practice Act by posing as a licensed medical professional. When a state Professional Conduct Investigator tested the chatbot and asked if it was licensed to practice medicine in Pennsylvania, Emilie said yes and gave a made-up serial number for its state medical license. The chatbot kept pretending even as the investigator…
