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DOA: CLARITY Act Torched By Senate Vote, Technocrats Are Livid But Not Deterred
via technocracy.news
Failure of the CLARITY Act does not stop the tokenization train, but it will slow it down. The SEC and CFTC will now write the rules by exemption, no-action letter, and enforcement discretion. The GENIUS Act provided the settlement layer in 2025, and the banks have already caved to tokenization. The stock markets are already being tokenized. Get ready for my new book, CRUCIBLE OF TOKENS, to figure out what this means to you, so you can take evasive action. ⁃ Patrick Wood, Editor.The Senate -
Amazon Says Cloud Infrastructure In Bahrain, UAE ‘Beyond Saving’
via technocracy.news
Amazon Web Services (AWS) is on the ropes in the Middle East with a collection of wreckage from bombed-out data centers in the UAE and Bahrain. AWS reported, “The damage to our infrastructure spanned multiple Availability Zones and exceeded what our regional and multi-AZ services are designed to withstand.” Phrases like “damaged beyond hope of recovery,” “the region went dark,” and “exhausted every option for recovering whatever was left behind” hi -
UAE Moves To ‘War-Proof’ Its AI Data Centers
via technocracy.news
“War is hell” when all of a sudden it dawns on you that your AI data center might be bombed into oblivion. UAE is perilously close to Iran, so its data centers are getting hit. The UAE is a leader in AI and FinTech (Financial Technology) in the Middle East, and wants to be the hinge pin of the global trade routes passing through the region. No AI data centers = no global trade. ⁃ Patrick Wood Editor.The UAE is redrawing its plans for a five-gigawatt artificial intelligence (AI)
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