Banks Want More: Trade Groups Demand Stricter Stablecoin Limits in Clarity Act
Banks press Senate to tighten Clarity Act's stablecoin rewards limits, fearing deposit flight from interest-like payments.
CLAY TRIBUNE / THE ARCHIVE
Tag: regulation
Trump Calls AI Warnings a ‘HOAX,’ While Tech Leaders Raise Alarms Over AI Risks
Trump calls AI warnings a HOAX and SICK conspiracy, while tech leaders urge slower development. Vance calls it a Trojan horse.
MPs Call for New AI Bill After Warning Existing Laws Are Ill-Equipped
Parliamentary committee warns UK law can't keep up with AI risks to rights, calls for new bill.
Anthropic CEO Warns AI Industry to Cool Its Engines Amid Misuse Fears
Anthropic CEO warns AI firms to slow model development amid misuse fears, citing a potential internet takeover within a year.
Garry Tan Argues U.S. Open-Weight AI Labs Should Strip Down Frontier Models Like China’s
Y Combinator's Garry Tan says U.S. AI labs should freely copy frontier models like China does, rejecting calls for regulation.
Germany Drafts Flat 25% Tax on Crypto Gains From 2027, Sparing Existing Holdings
Germany's finance ministry drafts a flat 25% tax on crypto gains from 2027, ending the tax-free holding period for new purchases.