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ING Warns Facebook’s Ties With Banks May Be Breached Due To Libra Regulatory Concerns
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ING Warns Facebook’s Ties With Banks May Be Breached Due To Libra Regulatory Concerns

Ralph Hamers, the CEO of ING, warned that Facebook's relationships with banks will probably be cut off due to its inability to address Libra regulatory issues, especially the money-laundering fears.

Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco
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Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Senator Brown compared Facebook's Libra to the subprime mortgage scenario. His sentiments show the divided debate facing the Libra project.

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project
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Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore’s state investor, Temasek Holdings has officially been named a member of the Facebook-backed digital currency project Libra. Temasek as a portfolio value of 313 billion Singapore dollars (roughly $219 billion), making it one of the more prominent backers of Libra. The Libra Association, an independent group based in Switzerland has also welcomed crypto investor Paradigm and Slow Ventures, a private equity firm.

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?
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Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?

“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to find new ways to engage in illegal financial activity.” said U.S. Representatives Emanuel Cleaver, during the briefing with Financial Crimes Enforcement Network (FinCEN) on 27 June.

Libra Adds New Nonprofit Member Heifer International to Tackle World Hunger and Poverty After Enduring Months of Regulatory Scrutiny
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Libra Adds New Nonprofit Member Heifer International to Tackle World Hunger and Poverty After Enduring Months of Regulatory Scrutiny

The Libra Association has welcomed a new member, Heifer International, a nonprofit organization aimed to tackle world hunger and poverty. The addition of Heifer International brings the tally of members in the Libra Association to twenty-three.

Central Banks to Cross-Examine Libra’s Founders in Switzerland
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Central Banks to Cross-Examine Libra’s Founders in Switzerland

The European Central Bank (ECB) officials and 25 global central banks will be meeting with Libra’s founders to assess the project.

New BIS Report Advocates Using Embedded Monitoring Trackers For Stablecoins
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New BIS Report Advocates Using Embedded Monitoring Trackers For Stablecoins

A new report from the Bank for International Settlements has advocated the deployment of ‘Embedded Systems’ in the monitoring of global stablecoin projects.

Facebook-Backed Association Picks Another Former HSBC Executive as Libra Network's CEO
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Facebook-Backed Association Picks Another Former HSBC Executive as Libra Network's CEO

James Emmett, the former HSBC executive, is joining Libra Networks as the new managing director. He will assume his new role on October 1.

AssemblyAI: Top Speaker Diarization Libraries and APIs to Watch in 2022
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AssemblyAI: Top Speaker Diarization Libraries and APIs to Watch in 2022

Explore the top speaker diarization libraries and APIs, how they work, and their benefits for developers and product teams.

NVIDIA Kaolin Library Integrates Advanced Elastic Simulation Techniques
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NVIDIA Kaolin Library Integrates Advanced Elastic Simulation Techniques

NVIDIA Kaolin Library's latest release introduces Simplicits, enabling advanced elastic simulations on diverse 3D models, enhancing applications in AR/VR, robotics, and more.

LangGraph v0.2 Enhances Customization with New Checkpointer Libraries
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LangGraph v0.2 Enhances Customization with New Checkpointer Libraries

LangGraph v0.2 introduces new checkpointer libraries, including SQLite and Postgres options, to enhance customization and resilience in LLM applications.

NVIDIA Simplifies Camera Calibration for Enhanced AI Multi-Camera Tracking
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NVIDIA Simplifies Camera Calibration for Enhanced AI Multi-Camera Tracking

NVIDIA introduces streamlined camera calibration processes to boost the accuracy of AI-powered multi-camera tracking applications.

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