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The revocation of the ban in Italy required ChatGPT to reveal its data processing practices and implement age-gating measures, among other legal requirements.

Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company.

The latest user-centric revamp aims to improve follower engagement and create new revenue streams on the social media platform.

Representative Patrick McHenry suggested the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senators Cynthia Lummis and Kirsten Gillibrand.

Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management.

This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US backing out of its Voyager purchase.

The UK Treasury is seeking input on taxing the DeFi space, and on provisions around staking and lending.

Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address.

A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned.

Cointelegraph analyst and writer Marcel Pechman explains how a U.S. debt default could impact Bitcoin and the larger cryptocurrency market.