Hello NWC Fam. Let's take a look at a few highlights together. ✧ The U.

27 Sep 2023, 10:32

Hello NWC Fam! Let's take a look at a few highlights together. ✧ The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned an Ethereum wallet used by the Sinaloa Cartel to launder money from fentanyl sales in the U.S. Mario Alberto Jimenez Castro, an accused money launderer for the cartel’s Los Chapitos faction, allegedly directed the use of cryptocurrency and wire transfers to pay cartel leaders in Mexico, according to OFAC. ✧ Lawyers for Sam Bankman-Fried are making another attempt to have the disgraced FTX founder temporarily released from jail before his October trial, claiming he needs better access to prepare his defense properly. ✧ Amazon, the worldwide tech behemoth, has announced that it will invest up to $4 billion in Anthropic, an artificial intelligence (AI) firm that has developed Claude, a generative AI assistant. As part of this strategic partnership, Anthropic will train its models on top of Amazon silicon, and Anthropic will make its models available through Amazon Bedrock. ✧ Despite the role it has played in narrowing the financial inclusion gap, the e-naira central bank digital currency still poses a risk to financial stability. In addition to bolstering the financial inclusion rate, the central bank claimed that the CBDC would “widen the size and stability of banks’ deposit base.” ✧ Cryptocurrency exchange Binance is now accepting new registrations of Belgian users following an interruption caused by regulatory actions against it. In June, the trading platform was ordered to cease providing crypto exchange and custody services in the EU country. #US #OFAC #SBF #FTX #Amazon #Claude #AI #CBDC #Binance