@Techmeme@techhub.socialThe largest US banks plan to launch a tokenized deposit network in 2027 to connect traditional payment rails with the infrastructure that digital assets run on (Wall Street Journal)
https://www.wsj.com/finance/banking/jpmorg
@cdarwin@c.imTrump pulled the US out of the Network for Greening the Financial System last year, leaving Europe to take the lead on climate-related risks without the involvement of the world’s most powerful economy.
Dutch banker and lawyer Elderson said the banking industry remained convinced that climate and nature-related risks had to be addressed.
“I would think it’s very difficult to find a bank in Europe that will honestly tell you that they think this is not relevant,” he said.
“I…
@raiders@darktundra.xyz
@a_j_millar@fediscience.orgPresenting the refreshed Chicago Plan for full-reserve banking, as per his 2012 paper, plus counter.
Simulations of the more robust response to economic shock after the transition to a full-reserve economy. Slightly lower tax rates (maybe 20% drop from current rates), and major >10% GDP gains after 10 years.
A long transition to manage, however, with 'aggressive' responses to inflation etc.
@raiders@darktundra.xyz
@ruth_mottram@fediscience.orgI have been slowly moving away from US controlled tech, the remaining bits are ones I can't control really: banking payments, DK state ITs love affair with microsoft, apps needed to access state services.
And if someone can come up with a way to persuade teenagers this is cool. That would be nice.
Of course what the piece misses is the huge commercial reliance on the back end stack.
We desperately need #Eurostack.
https://fediscience.org/@Ruth_Mottram/116554305782688437
Ruth_Mottram - Life without US tech - https://giftarticle.ft.com/giftarticle/actions/redeem/e6d8cec7-b20c-4707-b963-88348726215a
@NFL@darktundra.xyzNew Eagles WR Dontayvion Wicks wants to 'show what I’m worth' after trade, extension https://www.nfl.com/news/new-eagles-wr-dontayvion-wicks-wants-to-show-what-i-m-worth-after-trade-extension
@cowboys@darktundra.xyzConditioning is Step 1 for this Cowboys former first-round pick https://cowboyswire.usatoday.com/story/sports/nfl/cowboys/2026/07/17/tyler-guyton-2026-conditioning-step-1-dallas-cowboys-first-ro…
@Techmeme@techhub.socialEuropean banking watchdogs ECB and ESRB warn that frontier AI models pose "systemic risks to the financial system", giving lenders four months to prepare (Financial Times)
https://www.ft.com/content/304cdbb9-c161-4e40-af4d-6df1d2ff5363
@raiders@darktundra.xyzRaiders’ Tre Tucker Gets Blunt About Playing Rashid Shaheed Role https://heavy.com/sports/nfl/las-vegas-raiders/tre-tucker-blunt-rashid-shaheed-role/
@buercher@tooting.chThe direct control over Venezuela’s public revenues, in particular, distinguishes Washington’s influence there from most other countries beholden to its military and financial might.
The U.S. Treasury receives the revenue from most of Venezuela’s exports, then disburses it to Venezuela through the country’s banking system, a relationship akin to parents handing out allowances to children. Mr. Rubio and his team set the conditions on what that money can be spent on.
https://www.nytimes.com/2026/07/11/us/politics/how-marco-rubio-runs-venezuela.html
@raiders@darktundra.xyzCeiling and Floor: Raiders’ Maxx Crosby Must Return to Form https://www.si.com/nfl/raiders/onsi/las-vegas-ceiling-floor-maxx-crosby-must-return-form
@raiders@darktundra.xyzCeiling and Floor: Raiders’ Maxx Crosby Must Return to Form https://www.si.com/nfl/raiders/onsi/las-vegas-ceiling-floor-maxx-crosby-must-return-form
@raiders@darktundra.xyzRaiders Land Strong Statement on Jalen Nailor Signing https://heavy.com/sports/nfl/las-vegas-raiders/strong-statement-jalen-nailor-signing/
