| Mobile Web

Search results for compliance

Crypto

Would a bank charter make crypto safer? Two sides of U.S. federal trust bank approval

An analysis says crypto firms may not fully escape political pressure or supervisory risks even if they obtain a U.S. federal trust bank charter. The charter can strengthen legal standing for custody while bringing firms into direct oversight by the Office of the Comptroller of the Currency. The article contrasts interpretations of Silvergate’s liquidation and notes conditional approvals for several trust bank moves. It adds that regulators retain control through approval conditions and revised supervisory rules.

Crypto

Italy central bank tightens crypto screening to curb sanctions evasion linked to Russia and Iran

The Bank of Italy has told crypto asset service providers to strengthen sanctions screening for customers and transactions to prevent evasion of international financial sanctions. It issued supervisory guidance requiring internal policies, procedures and control systems to implement EU and Italian sanctions and to identify customers and transactions linked to sanctioned persons in crypto transfers. The move seeks compliance with existing EU rules and EBA guidance, amid concerns about Russia- and Iran-linked crypto activity.

AI & Enterprise

Red Hat unveils Red Hat AI 3.5, strengthens security validation and GPU multitenancy

Red Hat introduced its new AI platform version, Red Hat AI 3.5, on Wednesday. The company said the release focuses on pre-deployment security validation, multitenancy for shared GPU infrastructure and improved observability, while also enhancing agent development. It launched EvalHub to assess models, RAG configurations and agents before deployment and generate compliance outputs. The model catalog adds more than 20 validated models and new scoring. Red Hat also highlighted new scheduling features and AutoRAG and Responses API updates.