The UK Treasury is drafting new rules to regulate cryptocurrency markets. This aims to bring oversight and stability to the sector. The move follows global trends of increasing crypto regulation. It seeks to protect consumers and address financial risks. The industry's reaction to these proposed rules is mixed.
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Demis Hassabis called it "embarrassing." He replied on X to a rival's excited post. OpenAI's scientist claimed two mathematicians used GPT-5. They reportedly solved ten unsolved math problems.
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David Sacks called the new SEC and CFTC picks a crypto "dream team." He said this after Michael Selig's confirmation. Sacks believes these agencies are now set to provide clear rules for digital assets. This move aims to end regulatory uncertainty in the crypto space.
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