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America's largest banks are making a significant move into the blockchain space, announcing a joint effort to launch tokenized deposits on digital networks. The goal is straightforward: compete with stablecoins before they pull too much money away from traditional banking. It's a rare moment of cooperation among institutions that usually guard their turf fiercely.
Shifting to the halls of power, Sriram Krishnan is stepping down from his role as White House AI advisor, though he isn't walking away from the conversation entirely. Reports indicate he's launching a new institution aimed at continuing to shape the administration's approach to artificial intelligence policy. It's a move that raises real questions about where influence over AI governance actually lives.
And on a lighter note, fans of the beloved hand-drawn search game Hidden Folks have something to look forward to. A sequel is officially on the way, confirmed for PC and mobile with a Nintendo Switch release potentially following later. The original built a devoted following through its quiet, meticulous charm, and it'll be interesting to see how the team expands that world.
Keep surfing. Tech Beat out.
