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'Netflix For AI' CEO Hyping Animated Slop Admits 'Maybe Nobody Wants This'


Showrunner is a new video content platform that will specialize in user-generated AI slop. The idea is people will pay to use generative AI tools to produce their own TV, starting with short animated sketches. Who asked for this? Amazon for starters, which is investing an undisclosed amount in...

Labor Department rescinds Biden-era guidance for crypto in 401(k) plans


The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans.On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when...

Labor Department rescinds Biden-era guidance for crypto in 401(k) plans


The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans.On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when...

US Labor Department Rescinds Biden-Era Crypto Warning for Retirement Plans


The U.S. Department of Labor has rescinded its 2022 guidance that warned fiduciaries to exercise “extreme care” when considering cryptocurrencies for 401(k) retirement plans. Crypto Gets a Policy Boost as Labor Dept. Revokes 401(k) Warning The original release, issued under the Biden...

Federal Reserve Dismantles Crypto Barriers—Scraps Biden-Era Restrictions


The Federal Reserve removed outdated crypto banking restrictions, paving the way for innovation, broader access, and mainstream digital asset adoption. Crypto Banking Unleashed: Fed Joins Regulators in Crushing Old Guard Restrictions The Federal Reserve Board announced Thursday that it...

SEC could axe proposed Biden-era crypto custody rule, says acting chief


The US Securities and Exchange Commission could change or scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers, according to the agency’s acting chair, Mark Uyeda.In prepared remarks to an investment industry conference...

House Oversight Probes Biden’s FDIC for Crypto Banking Crackdown


The House Oversight Committee is investigating whether the FDIC’s delayed crypto oversight and banking restrictions were driven by political motives or unlawful regulatory overreach. House Oversight Committee Investigates FDIC’s Crypto Policies The House Committee on Oversight and Government Reform...

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