11min chapter

On The Brink with Castle Island cover image

Weekly Roundup 01/10/24 (FDIC Pause Letters released, SEC v Coinbase) (EP.589)

On The Brink with Castle Island

CHAPTER

Decentralized AI and Banking Innovation

This chapter explores recent advancements in decentralized AI training platforms and the influence of significant investments in the space. It also covers the FDIC's actions regarding Bitcoin transactions, emphasizing Coinbase's push for transparency and the impact on banking innovation. The chapter raises concerns about regulatory challenges and the implications of recent leadership changes within the FDIC and Federal Reserve on cryptocurrency interactions.

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