The SEC and CFTC began moving to establish cryptocurrency rules under existing authority days after the Clarity Act failed a Senate procedural vote, as industry leaders and regulators signal they will no longer wait for Congress to act.
OpenAI's Sam Altman and Anthropic's Dario Amodei are set to address the UN Security Council on Wednesday as AI safety concerns reach a boiling point, even as President Trump told the General Assembly he will "encourage" the technology with minimal guardrails.
Binance has agreed to invest $100 million in Circle Internet Financial, purchasing shares at $80.84 each as part of a five-year deal that grants USDC access to the exchange's global user base in a bid to challenge Tether's international dominance.
Kalshi filed Tuesday with the CFTC seeking approval to offer leverage on event contracts, a move the company says is critical to attracting institutional traders to regulated prediction markets. Access would be limited to self-clearing members meeting specific capital requirements.
Meta Platforms surged 12% on Monday as options traders flooded into the stock following strong early downloads of its Muse AI assistant, helping lift the S&P 500 to its best session since August 4.
Texas Gov. Greg Abbott has ordered the state's environmental regulator to halt all data center permits pending a grid audit by ERCOT, expanding a moratorium he first imposed in August and putting roughly 50 gigawatts of proposed capacity at risk.
President Trump said the DOJ will rein in AI risks "if we have to," even as newly unsealed statements from OpenAI and Microsoft executives dealt a blow to the companies' fair-use defense in the ongoing New York Times copyright lawsuit.
The SEC and CFTC began moving to establish cryptocurrency rules under existing authority days after the Clarity Act failed a Senate procedural vote, as industry leaders and regulators signal they will no longer wait for Congress to act.
Binance has agreed to invest $100 million in Circle Internet Financial, purchasing shares at $80.84 each as part of a five-year deal that grants USDC access to the exchange's global user base in a bid to challenge Tether's international dominance.
Kalshi filed Tuesday with the CFTC seeking approval to offer leverage on event contracts, a move the company says is critical to attracting institutional traders to regulated prediction markets. Access would be limited to self-clearing members meeting specific capital requirements.
OpenAI's Sam Altman and Anthropic's Dario Amodei are set to address the UN Security Council on Wednesday as AI safety concerns reach a boiling point, even as President Trump told the General Assembly he will "encourage" the technology with minimal guardrails.
President Trump said the DOJ will rein in AI risks "if we have to," even as newly unsealed statements from OpenAI and Microsoft executives dealt a blow to the companies' fair-use defense in the ongoing New York Times copyright lawsuit.
The Congressional Black Caucus said at least 60 of its 62 members would vote for AI regulation legislation, as Treasury Secretary Scott Bessent separately proposed a bilateral U.S.-China AI notification system ahead of potential Trump-Xi talks.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.