Steven T. Dennis / Bloomberg: Senate Democrats block the Genius Act after Republicans rebuffed a provision to bar Trump and others from profiting off of crypto ventures while in office  —  Senate Democrats blocked stablecoin legislation backed by the digital assets industry amid a furor over President Donald Trump’s extensive … Lees verder op Tech Meme

Fortune: Sources: Meta is in discussions with crypto firms to introduce stablecoins as a means to manage payouts, and has hired a VP of product with crypto experience  —  Mark Zuckerberg, CEO of Meta, speaks at a conference in September.  —  In 2019, Meta announced an audacious project … Lees verder op Tech Meme

Paige Smith / Bloomberg: Memo: the US CFPB discontinues its order designating the supervision of Google Payment, saying the Biden-era decision is an “unwarranted use” of CFPB’s powers  —  The supervision of Google Payment would be “an unwarranted use of the Bureau’s powers and resources,” … Lees verder op Tech Meme

Aisha Malik / TechCrunch: Google rolls out AI-powered defenses to help combat scams on Chrome, including the use of Gemini Nano, its on-device LLM, in Enhanced Protection mode on desktop  —  Google announced on Thursday that it’s rolling out new AI-powered defenses to help combat scams on Chrome. Lees verder op Tech Meme

Chris Vallance / BBC: The Wikimedia Foundation says it is taking legal action to challenge the UK’s Online Safety Act, saying it could threaten the safety of its volunteer editors  —  Wikipedia is taking legal action against new Online Safety Act regulations it says could threaten the safety of its volunteer editors … Lees verder op Tech Meme