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Bank-Backed Qivalis Wins Dutch E-Money Licence for Its Euro Stablecoin, but the Token Isn’t Issued Yet
Dutch central bank DNB has authorised Qivalis, backed by 37 European banks, as an e-money institution. Its euro stablecoin is not issued yet.
3C and Datalec Merge to Form 3C Datalec, a Liquid-Cooling and Data-Centre Services Group
Liquid-cooling firm 3C has merged with London's Datalec to form 3C Datalec, which forecasts over $400 million in 2026 revenue. Terms were not disclosed.
SolarWinds Unveils Avior, an Agentic AI System for Enterprise IT Operations
SolarWinds has launched Avior, a standalone agentic AI system for IT operations that needs human approval for risky actions. Pricing wasn't disclosed.
EU Banking Regulator Names USDC the First Significant E-Money Token Under MiCA
The EBA has classified Circle's USDC as a significant e-money token under MiCA, the first of 45 in the EU. Dual EBA–ACPR supervision starts on 12 November.
GlobalFoundries Selected to Operate Two New Chip Fabs at Malta, NY, Under a US–Japan Plan of Up to $21 Billion
GlobalFoundries will operate two new chip fabs at Malta, NY under a US–Japan initiative of up to $21bn. Japan funds; the second fab is conditional.
Berkshire Hathaway Invests a Further $330 Million in Bending Spoons, Taking Its Stake to 4%
Berkshire Hathaway is buying 10 million new Bending Spoons shares at $33 each for about $330m, taking its stake to 4% after a $600m investment at the IPO.
Turkey Confirms Hex Founder Richard Heart’s Detention in Istanbul
Turkey's justice minister confirms Hex founder Richard Heart was detained in Istanbul and says police seized $7.15 million in cash and six cold wallets.
Tensormesh Launches Software to Reuse AI Models’ “KV Cache” Across Enterprise Servers. Here Is Why That Matters
Tensormesh, maker of LMCache, has launched software to store and reuse KV cache across enterprise AI servers. What a KV cache is, and why reuse matters.
US Bank Regulator’s Final Report Says All Nine Largest National Banks Had Debanking Policies, Including Limits on Crypto Firms
The OCC's final debanking report says all nine of the largest US national banks it supervises restricted some sectors, including crypto, from 2020 to 2025.
Oregon Governor Asks Environmental Regulator to Pause Data-Centre Permits Until July 2027
Oregon Governor Tina Kotek has asked the state's environmental regulator to pause air and water permits for new or expanded data centres until 1 July 2027.
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