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Chinese city launches gov’t-backed metaverse platform

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The platform aims to consolidate the resources of academic institutions and enterprises in China, and bolster research efforts in areas related to the metaverse.

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PHP Foundation admits ‘structural failure’ delayed critical security fix

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Government websites and online services were disrupted after concerns about a PHP bug that could allow attackers to take control of vulnerable servers.

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American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress

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Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.

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Tether backs Bolivian fintech bringing USDT payments to food delivery and banking

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The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking networks.

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