January 2025

US crypto industry eyes possible day-one Trump executive orders

Financial Wealth Daily6 months ago5 months ago07 mins

(This Dec. 23 story has been corrected to fix the spelling of ‘Jonah Crane’ in paragraphs 15 and 18) By Hannah Lang (Reuters) – The cryptocurrency industry is pushing President-elect Donald Trump’s team to kick start his promised crypto policy overhaul when he takes office next month with executive orders that would help push tokens…

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race

Financial Wealth Daily6 months ago5 months ago08 mins

By Aditya Soni, Arsheeya Bajwa, Krystal Hu (Reuters) -OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to “raise more capital than we’d imagined,” and remove the restrictions imposed on the startup by its current nonprofit parent. The acknowledgement and detailed rationale behind…

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US crypto industry eyes possible day-one Trump executive orders

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race