$125M CoinDesk Deal Nears Final Stages: What to Know Now

• CoinDesk’s $125M deal may be finalized in the near future.
• Caroline Ellison’s private writings related to the Alameda and FTX collapse are being looked into.
• Apple is developing its own AI chatbot as an internal tool, Societe Generale subsidiary receives France’s first crypto services license, and Terraform Labs appoints Chris Amani as CEO.

CoinDesk Deal

CoinDesk’s $125M deal may be in the final stages of completion. This news comes after Caroline Ellison’s private writings from the months leading up to Alameda and FTX collapse were uncovered during legal discovery process.

Apple Developing Chatbot

Apple is also developing its own AI chatbot as an internal tool. The chatbot will be used to improve customer experience for users of its products and services.

Societe Generale Subsidiary Receives License

A Societe Generale subsidiary has received France’s first crypto services license. This development means that they can now offer cryptocurrency-related custodial services to their customers in the country.

Terraform Labs Appoints New CEO

Terraform Labs recently appointed Chris Amani as their new CEO, replacing Do Kwon who had been serving in this role prior to this announcement.

South Korean Banks To Use Tokenized Deposits As Alternative To Stablecoins

South Korean banks are increasingly favoring Certificate of Deposit (CD) tokens as alternatives to “volatile” stablecoins, in preparation for Central Bank Digital Currency (CBDC) projects led by the Bank of Korea. Hana Bank plans to research CD tokens while Woori Bank has expressed interest in them through a recent report issued by its research body.