@mikebelshe the policy rational is that a systemic credit institution (bank) has better governance, risk and liquidity management than an EMT issuer. ( probably true today )
So the risk to consumers is on balance lower than a new Mica issuer managing the instruments. Time will change this
It is remarkable to see how proud the @EU_Commission is of itself….leading by repression. I am still waiting from the implementation of the Draghi recommendations….
Bermuda is setting a standard for governments’ use of AI for handling citizen data with @near_ai. When a public servant submits their personal data to AI, even the infrastructure provider shouldn't be able to see it. AI systems that handle sensitive information should support confidentiality by design.
CCD and Verify & Access are now live in the https://t.co/H6z5iTX0gA Wallet App on iOS and Android.
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holy fuck, a hair dryer at a Paris airport broke Polymarket weather markets & made someone $34,000 richer
- polymarket was settling Paris temperature bets on a single Météo France sensor sitting near the Charles de Gaulle runway perimeter - basically unguarded
- the guy bought the long-shot outcome (like "22°C" when everyone expected 18°C) for pennies, since nobody thought it'd hit
- then he walked up to the probe and briefly heated the air around it with a portable heat source, spiking the reading just long enough to register as the daily max
- temperature snapped back to normal in minutes, the market resolved in his favor, and he cashed out - twice, on April 6 and April 15, before Météo France caught on and filed charges
hyperstitions.
Revolut has integrated Belgium's itsme digital ID app into its onboarding process for Belgian customers.
New users in Belgium can now select itsme during sign-up.
This automatically pulls verified personal data (name, address, ID details, etc.) securely from itsme.
No manual data entry and document uploads are required, making the process faster and smoother.
Manual process still exists, but it's positioned as the preferred/quickest method.
itsme is widely used in Belgium, with over 80% of adults using it. It handles millions of secure actions daily, and it's backed by major Belgian banks, telcos, and the government.
It's the country's official digital identity solution, compliant with high European security standards like eIDAS.