🚀 US Government Allegedly Pressured Banks To Cut Ties With Crypto Industry
#USGovernment #Cryptocurrency #Banking #FinancialServices #MarcAndreessen #JoeRogan #StellarDevelopmentFoundation #AnchorageDigital #OperationChokePoint #PresidentTrump
According to PANews, venture capitalist and a16z co-founder Marc Andreessen revealed on the Joe Rogan podcast that the US government had pressured banks to close accounts related to industries such as cryptocurrency. This issue was brought to light during a hearing by the House Financial Services Committee, where member French Hill expressed concern and pledged to continue examining the matter in the coming year.
During the hearing, Denelle Dixon, CEO of the Stellar Development Foundation, and Nathan McCauley, CEO of Anchorage Digital, both confirmed experiencing direct service cut-offs from banks. Hill emphasized that in the United States, legitimate businesses should have the freedom to access banking services. Notably, newly elected President Trump has promised to end measures referred to in the industry as 'Operation Choke Point 2.0,' signaling a more favorable stance towards the cryptocurrency sector.#USGovernment #Cryptocurrency #Banking #FinancialServices #MarcAndreessen #JoeRogan #StellarDevelopmentFoundation #AnchorageDigital #OperationChokePoint #PresidentTrump
🚀 JoJoWorld Secures $8 Million Funding to Enhance Decentralized AI Infrastructure
#JoJoWorld #DecentralizedAI #SpatialIntelligence #3DData #RobotTraining #EmbodiedIntelligence #AIInfrastructure #DataBottleneck #Funding #VentureCapital #StellarDevelopmentFoundation #TimDraper #DraperUVentures #AlphaLionInvestment #StratifiedCapital #SeliniCapital #AllSeaSparkFamilyFund
According to PANews, New York-based AI startup JoJoWorld has successfully raised $8 million in funding. The investment round saw participation from notable entities such as the Stellar Development Foundation, DraperU Ventures led by Silicon Valley venture capitalist Tim Draper, AlphaLion Investment, Stratified Capital, Selini Capital, and All SeaSpark Family Fund.
JoJoWorld is focused on developing decentralized spatial intelligence infrastructure. The company aims to incentivize global creators to contribute high-quality 3D data, which will be utilized for robot training and embodied intelligence. This initiative seeks to address the data bottleneck challenges faced by cutting-edge AI models.#JoJoWorld #DecentralizedAI #SpatialIntelligence #3DData #RobotTraining #EmbodiedIntelligence #AIInfrastructure #DataBottleneck #Funding #VentureCapital #StellarDevelopmentFoundation #TimDraper #DraperUVentures #AlphaLionInvestment #StratifiedCapital #SeliniCapital #AllSeaSparkFamilyFund