Law enforcement and Catholic organizations are urging caution over the US CLARITY Act, citing concerns that Section 604 could create oversight gaps for illicit activities like human trafficking and hinder investigations. The bill, set for a House hearing on July 17, aims to regulate digital assets.
Binance founder CZ praised Hyperliquid's no-KYC model but highlighted its legal risks. This distinction creates a market-structure conflict, as regulated exchanges cannot easily replicate the access model without compromising compliance. Hyperliquid's advantage lies in its unique user experience, but this also attracts regulatory scrutiny, as seen with a UK warning.
CFTC Chair Michael Selig noted significant differences between traditional commodity markets and the cryptocurrency industry. He stated that 24-7 trading and perpetual contracts are not suitable for agricultural products, despite recent approvals for crypto-related products.
The Chicago Board Options Exchange (CBOE) is exploring converting its Bitcoin and Ether futures to perpetual futures, a move to compete in the rapidly growing crypto derivatives market following recent US regulatory approvals. Perpetual futures, popular for their lack of expiration dates, have seen significant trading volume.
Prediction market Kalshi has added India to its list of 55 restricted jurisdictions, blocking Indian residents from accessing its platform. This move follows warnings from India's Ministry of Electronics and Information Technology and increased global regulatory scrutiny on prediction markets over gambling and political contract concerns.
Agustín Carstens, former BIS GM, now sees stablecoins as beneficial for financial innovation and inclusion, a shift from his previous critical stance. He emphasized the need for global regulation and a level playing field for stablecoins to flourish.
Indonesia's envoy Purbaya visited Beijing to boost investor confidence ahead of a panda bond sale. Chinese companies expressed concerns over stringent regulations, over-enforcement, and corruption, while also worrying about Indonesia's fiscal situation. Purbaya assured them of sound economic fundamentals.
Beijing has increased corporate regulatory actions in 2025, targeting travel, e-commerce, and retail for issues like antitrust violations and food safety. Unlike the 2021 tech crackdown, current measures are seen as calibrated signaling to boost private sector confidence and investment without triggering investor panic.
Private companies are developing solar geoengineering technologies to cool the planet by releasing reflective particles into the atmosphere. Stardust Solutions, a well-funded startup, plans outdoor testing, prompting calls for international regulation amid concerns about potential risks to global weather systems, particularly monsoons in Asia.
Keir Starmer resigns as UK PM, triggering a Labour leadership contest. Andy Burnham emerges as the favorite, viewed by crypto executives as more receptive to digital assets. The transition occurs as the UK finalizes significant financial regulatory frameworks, with the next PM inheriting this process.
Former New York Governor Andrew Cuomo will co-chair a new digital assets joint venture between cryptocurrency exchange OKX and Intercontinental Exchange (ICE), parent of the NYSE. The venture aims to build infrastructure for tokenized financial products and will allow OKX users access to ICE futures and NYSE tokenized equities markets, pending regulatory approval.
An investigation into a deadly Aliganj fire revealed the building was approved for residential use but converted to a commercial complex in 2014. Authorities are preparing a list of officials and engineers for alleged lapses in monitoring building regulations.
AI Super PACs have spent $44m on congressional races, with nearly half targeting NY-12's Democratic primary. Assemblymember Alex Bores, a former tech worker, is at the center of a proxy battle over AI regulation, facing industry-backed attacks and counter-assaults.
Ride-hailing platforms Amap and Didi Chuxing have expressed support for Hong Kong's proposed cap on new licenses, a move aimed at balancing demand, preventing excessive competition, and reducing traffic congestion. The new regulatory regime is expected to be passed by lawmakers in July.
Ride-hailing platforms Amap and Didi Chuxing have expressed support for Hong Kong's proposed cap on new licenses, a move aimed at balancing demand, preventing excessive competition, and reducing road congestion.
A dog named Rosie's cancer treatment, aided by AI, has demonstrated the potential of personalized medicine. However, outdated regulations in Australia are hindering the adoption of such advanced AI-driven therapies for both humans and animals.
An Australian dog named Rosie received a life-extending cancer treatment developed with AI, but scientists warn outdated regulations are hindering Australia's potential to lead in AI-driven precision medicine.
An Australian dog named Rosie received an AI-assisted mRNA vaccine that significantly shrunk her tumors, extending her life. Scientists at UNSW used AI to process genetic data, fast-tracking treatment design from years to months. However, outdated regulatory frameworks in Australia are seen as a major obstacle to adopting such AI-driven precision medicine for humans.
Cross-border biotech deals between China and the US are facing increased complexity and potential slowdown due to US restrictions on investment and technology transfers, according to analysts. Despite challenges, innovation from China is expected to drive continued partnerships, with out-licensing agreements projected to reach $240 billion.
The European Commission is gathering feedback on potential revisions to the Markets in Crypto Assets (MiCA) framework, dubbed "MiCA 2.0." The consultation focuses on refining regulations for DeFi, stablecoins, and prediction markets, aiming for greater clarity and competitiveness in the digital asset space.
A KPMG report indicates India's housing sector is set for a significant transformation driven by urbanization and policy reforms. Key focus areas include affordable housing and rental housing development, with recommendations for regulatory improvements and increased investment.
Australia's health watchdog, Ahpra, has adopted the IHRA definition of antisemitism, drawing praise from Jewish groups but criticism from the Australia Palestine Advocacy Network, which fears it will stifle criticism of Israel's actions.
Digital gold providers in India are increasing book audits and physical vault checks to boost transparency, as the sector gains 80 million customers. This self-regulatory move follows SEBI's observation of the sector being 'unregulated'.
OpenAI has appointed Dean Ball, a former senior policy advisor on AI in the Trump administration, to lead its new Strategic Futures unit. Ball will focus on shaping OpenAI's frontier AI policy and internal governance, citing the company's key breakthroughs and talent as reasons for joining.
