Crypto’s CLARITY Act faces partisan fight over ethics on Senate floor
The US Senate Banking Committee passed the crypto framework CLARITY Act yesterday. Now, the bill, for which the crypto industry has heavily lobbied since it...
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CME and ICE push US regulators to scrutinize Hyperliquid
CME Group and ICE urged US regulators to scrutinize Hyperliquid for manipulation and sanctions risks on May 15. Summary CME Group and ICE, the NYSE...
AI Agents Turn to Digital Arson, Crime in Shared Virtual World: Study
In brief Emergence AI says some autonomous AI agents committed simulated crimes and violence during weeks-long experiments. Gemini-based agents reportedly carried out hundreds of simulated...
ICE, CME press US regulators to 'rein in' Hyperliquid energy trading: Report
Intercontinental Exchange (ICE) and the Chicago Mercantile Exchange (CME), the two biggest exchanges for energy-linked commodities, are pressuring US regulators to clamp down on the...
Revolut wins FCA approval to launch UK private banking
Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Summary The FCA granted Revolut Trading a...
ChatGPT Can Now See Your Bank Account—Here's What That Actually Means
In brief ChatGPT can now connect to over 12,000 financial institutions via Plaid, giving it read-only access to your balances, transactions, and subscriptions. The feature...
House committee leaders urge Trump to nominate CFTC members, citing CLARITY Act
The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully staff...
Myanmar proposes life imprisonment for crypto scam operators
Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. Summary Myanmar’s Anti-Online Scam Bill proposes life imprisonment...
President Trump Discloses Coinbase, Robinhood and Bitcoin Mining Stock Trades
In brief New ethics filings show that President Donald Trump registered multiple trades of crypto-related stocks. The filings show trades for crypto exchange Coinbase (COIN),...
Bitcoin Depot filing casts doubt on company’s future amid lawsuits
Cryptocurrency ATM company Bitcoin Depot reported “substantial doubts” about the company’s ability to continue operating amid ongoing litigation and a challenging regulatory environment. In a...