OpenAI is advocating for its AI safety institute (CAISI) to play a larger role in evaluating advanced AI models, as CEO Sam Altman meets with US officials. The company seeks clearer criteria for AI scrutiny and mandatory evaluation processes, while expressing concerns about the NSA's classified benchmarking approach.
Hong Kong sets 10,000 vehicle cap for ride-hailing service permits, drawing criticism from Uber and the taxi trade
The SEC has postponed the release of a broad exemption for U.S. crypto firms to trade tokenized assets, citing concerns over third-party token trading and its impact on corporate administration.
Russia and China will enhance collaboration in construction, focusing on regulatory frameworks, standard designs, new technologies, and AI. The announcement came after talks between Presidents Putin and Xi.
The Senate Banking Committee advanced the Digital Asset Market Clarity Act, signaling a move towards a defined regulatory framework for digital assets. Despite ongoing disputes, the vote is seen as a positive step for consumer confidence and market clarity.
Hong Kong authorities should issue about 20,500 licences in the first phase of regulating ride-hailing platforms, lawmakers and experts have said, arguing that the city needs at least 15,000 active cars daily to meet existing demand and avoid worsening transport shortages. The proposal came as several lawmakers told the South China Morning Post, on condition of anonymity, that the government had recently consulted them on a regulatory framework for ride-hailing services but had not presented any...
As global markets are roiled by geopolitical uncertainty and the energy fallout from war in the Middle East, a tiny speck in Southeast Asia has emerged as an oasis of stability – at least in terms of where the well-heeled can park their money. Giig Tanaporn, CEO and founder of business and wealth consultancy Unique Prime Group, has observed that high-net-worth clients, especially from the Middle East and South Korea, have been increasingly choosing Singapore for its regulatory framework,...
US banks are mounting an aggressive lobbying effort to stall the CLARITY Act, even as key US lawmakers signal a fast-tracked timeline to put the bill on the president’s desk before July 4. The legislative clash centers on the Digital Asset Market Clarity Act, a sweeping regulatory framework that cleared the House with bipartisan support […] The post Banking lobby attempts to kill Clarity Act’s stablecoin progress as markup is scheduled for next week appeared first on CryptoSlate.
Bybit has led an $8 million Series A funding round in Hata, a dual-licensed digital asset exchange in Malaysia, with participation from global family offices. The funding follows Bybit's earlier investment in Hata's $4.2 million seed round and will be used to improve liquidity, expand the user base and develop additional digital asset products. Hata has reported over 209,000 registered users and processed $225 million in transaction volume in 2025.
Washington isn't trying to solve every crypto policy fight at once, but it appears to be carving out a workable path for one specific category of digital asset: the regulated, dollar-pegged stablecoin. The GENIUS Act established the first federal regulatory framework for payment stablecoins, and a bipartisan House tax discussion draft now proposes friendlier tax […] The post Congress on verge of making regulated dollar stablecoins act almost like digital cash appeared first on CryptoSlate.
Crypto majors are red while Gold nears $5,000 and Silver closes in on $100; BTC -1% at $89,100; ETH -2% at $2,925, SOL -2% at $127; XRP -2% to $1.90. ZRO (+15%), AXS (+10%) and DASH (+8%) led top movers. Ledger is preparing for a $4B IPO, enlisting Goldman Sachs, Jefferies and Barclays for support. Ripple CEO Brad Garlinghouse predicted crypto could hit new highs in 2026, pointing to regulatory momentum and institutional participation as key drivers. President Trump sued JPMorgan for $5 billion, alleging politically motivated “debanking”. BitGo briefly surged in its stock market debut before finishing its first day of trading just over its $18 IPO price. BlackRock CEO Larry Fink pushed the idea of a single blockchain for tokenization to avoid corruption and aid in scaling. Kansas introduced its own Bitcoin Strategic Reserve bill. PwC said institutional crypto adoption has crossed a point of no return, as regulatory frameworks move from draft rules toward active supervision. Treasury Secretary Scott Bessent reaffirmed the Trump administration’s push for U.S. crypto leadership and support for a strategic Bitcoin reserve.
