Trump Delays the CBDC Ban for a Vote His Own Senate Already Rejected
Trump is withholding his signature on the CBDC ban until the SAVE Act passes, a bill the Senate already rejected 48-50, squeezing the CLARITY Act's calendar.
Fin-Tech
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Amazon's AI Strategy and That Call to the White House
Amazon's AI strategy this week comes from the same company whose CEO's call to the White House triggered Anthropic's global Fable 5 shutdown.
Senate Passes the CBDC Ban: America's Digital Dollar Will Be a Private Product
The Senate passed a ban on a Federal Reserve digital dollar, or CBDC, while protecting private stablecoins, setting US policy apart from the EU and China.
Bybit EU MiCA Campaign: A Licensed Exchange Bets on Displaced Binance Users Before July 1
Bybit EU launched a cashback campaign today, eight days before MiCA's deadline, as Binance's Greek licence faces rejection and competitors race for its users.
Microsoft Pecos Datacenter: Why a 2 Gigawatt AI Campus Comes With Its Own Power Plant
Microsoft announced a 2 gigawatt datacenter in Pecos, Texas today, funding its own natural gas plant rather than drawing from the public grid.
Europe AI Supercomputers: 35 New Systems Across 23 Countries in One Year
Europe is building 35 new AI supercomputers across 23 countries this year, the largest one-year expansion on record, reaching over 3 million researchers.
Bank of England Stablecoin Rules: 70% Backing Cap and a £40 Billion Issuance Guardrail
The Bank of England published draft rules for systemic stablecoins today, raising the interest-bearing asset cap to 70% and setting a £40 billion issuance guardrail.