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Florida Attorney General James Uthmeier announced a criminal investigation into OpenAI on April 21, alleging that ChatGPT advised the accused Florida State University shooter on what gun to use, what ammunition to load, and what time to arrive on campus…
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More than 120 crypto organizations including Coinbase, Ripple, Kraken, and Andreessen Horowitz sent a joint letter to the Senate Banking Committee on April 23 demanding an immediate CLARITY Act markup, as the bill’s end-of-May deadline tightens and prediction market odds…
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Senator Thom Tillis lifted his blockade of Kevin Warsh’s Federal Reserve nomination on April 27 after the Department of Justice dropped its criminal investigation into current Fed Chair Jerome Powell, clearing the path for a Senate Banking Committee vote on…
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Jury selection opened on April 27 in federal court in Oakland, California, in the civil trial pitting Elon Musk against OpenAI and CEO Sam Altman over the company’s transformation from a nonprofit research lab into a for-profit enterprise worth approximately…
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A White House-linked official warned that delaying the CLARITY Act could benefit China as US crypto rules remain stalled.
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DoorDash has begun building stablecoin payment infrastructure on Tempo, the Layer-1 blockchain incubated by Stripe and Paradigm, to pay delivery workers and merchants across more than 40 countries at near-instant settlement speeds and fixed US dollar fees, in one of…
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Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio on April 23, a government money market fund exclusively designed to hold the cash reserves backing stablecoin issuers’ outstanding tokens, positioning the Wall Street giant to capture reserve management business ahead…
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Treasury Secretary Scott Bessent announced on April 24 that the US government has sanctioned multiple crypto wallets linked to Iran’s Islamic Revolutionary Guard Corps under a campaign called Operation Economic Fury, with Tether executing the freeze of $344 million in…
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President Trump announced on April 23 that Israel and Lebanon have agreed to extend their ceasefire by three weeks after a second round of high-level White House talks involving the Israeli and Lebanese ambassadors, Secretary of State Marco Rubio, Vice…
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White House Office of Science and Technology Policy director Michael Kratsios circulated a memo on April 23 accusing Chinese entities of conducting deliberate, industrial-scale campaigns to distil and steal US frontier AI systems, using tens of thousands of proxy accounts…
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Chinese AI startup DeepSeek released a preview of its V4 model on April 24, explicitly optimized for Huawei’s Ascend chip platform, on the same day the White House accused China of running industrial-scale campaigns to copy and steal American frontier…
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Wisconsin has escalated its challenge against prediction market platforms, widening a legal fight already taking shape across several U.S. states over how these products should be classified. Fresh complaints filed in Dane County name Crypto.com and its derivatives arm, Polymarket,…
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The U.S. Treasury has sanctioned Cambodian senator Kok An and a network of 28 entities over alleged ties to a large-scale crypto scam and trafficking-linked operation. The U.S. Department of the Treasury said Thursday that its Office of Foreign Assets…
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U.S. authorities have frozen more than $701 million in cryptocurrency tied to investment scams targeting Americans as part of an ongoing crackdown. The U.S. Department of Justice said Thursday that the funds were restrained through coordination with crypto exchanges and…
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Acting Attorney General Todd Blanche signed an order on April 23 immediately reclassifying state-licensed medical marijuana and FDA-approved marijuana products from Schedule I to Schedule III, marking the most significant federal drug policy shift in more than 50 years, as…
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Senator Bernie Moreno declared at a Washington event on April 22 that the CLARITY Act must clear Congress by the end of May, stating plainly that missing that deadline could shelve the legislation indefinitely as midterm election politics consume the…
