For most artists, getting paid is still stuck in the dial-up era. A song might blow up overnight, but the royalty check might not land for months. Money bounces through labels, publishers, distributors, and collecting societies, creating a maze of delays and obscure accounting. Record Financial wants to flip that model. Its platform pulls in royalty data as it’s generated, normalizes it, and distributes payouts instantly via stablecoins like USDC using Avalanche.
Source: Record Financial Pushes Real-Time Royalties on Avalanche to Modernize Music Payments – Decrypt
The EU on Wednesday unveiled new proposals to simplify AI and privacy regulations, drawing fire from the tech sector for not going far enough and consumer groups for bowing to Big Tech. The EU Commission’s “Digital Omnibus”, which faces debate and votes from European countries, proposed to delay stricter rules on use of AI in “high-risk” areas until late 2027, ease rules around cookies and enable more use of data.
In a significant shift, policymakers in Brussels are moving to scale back and simplify landmark rules for artificial intelligence and data privacy. Driven by growing concern that overregulation is stifling economic growth, officials and business leaders across the 27-nation bloc are questioning whether Europe’s digital rulebook has gone too far and left companies lagging the United States and China.
