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California Moves to Ban AI Chatbots From Acting as Therapists
Policy

California Moves to Ban AI Chatbots From Acting as Therapists

California lawmakers are getting ready to vote on a law that stops conversational AI tools from offering mental health counseling.

Daniel Okoro· ·2 min read
Russia Approves Bitcoin, Ether, and USDT Trading, But Excludes XRP
Policy

Russia Approves Bitcoin, Ether, and USDT Trading, But Excludes XRP

Russian regulators approved major cryptos for retail trading while shutting out XRP and other altcoins.

Daniel Okoro· ·1 min read
Texas Freezes 474 GW of Data Center Requests in Grid Audit
Policy

Texas Freezes 474 GW of Data Center Requests in Grid Audit

Texas halts all new grid connection approvals for data centers, putting Bitcoin miners' AI expansion plans on hold.

Alex Rivera· ·2 min read
Senate Has 5 Days to Pass CLARITY Act as Odds Collapse
Policy

Senate Has 5 Days to Pass CLARITY Act as Odds Collapse

Lawmakers are scrambling before the August recess to save their crypto bill, but fights over stablecoin yields and ethics rules are killing its chances.

Alex Rivera· ·2 min read
CME Chief Warns Court Battle Threatens US Perpetual Futures Tax Rules
Policy

CME Chief Warns Court Battle Threatens US Perpetual Futures Tax Rules

A courtroom fight over whether perpetual futures are swaps or standard futures might force the IRS to rewrite tax rules for American traders.

Priya Nair· ·2 min read
US Senate Delays Crypto Clarity Act as Priorities Shift
Policy

US Senate Delays Crypto Clarity Act as Priorities Shift

Senate leadership sidelined the crypto Clarity Act to push other bills, freezing regulatory votes for now.

Sofia Marek· ·1 min read
Senate Set to Miss Pre-Break Deadline for Crypto Market Bill
Policy

Senate Set to Miss Pre-Break Deadline for Crypto Market Bill

Senate Majority Leader Thune says the Clarity Act is likely delayed until after lawmakers return from summer break.

Daniel Okoro· ·1 min read
Goldman Sachs CEO Backs Crypto Clarity Act, Splitting Wall Street
Policy

Goldman Sachs CEO Backs Crypto Clarity Act, Splitting Wall Street

David Solomon just backed proposed crypto legislation, clashing directly with JPMorgan's Jamie Dimon over yield-bearing stablecoins.

Sofia Marek· ·2 min read