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California has taken a significant step toward regulating artificial intelligence with Gov. Gavin Newsom signing a new state law that will require major AI companies, many of which are headquartered in the state, to publicly disclose how they plan to mitigate the potentially catastrophic risks posed by advanced AI models. The law also creates mechanisms … Read more
California Gov. Gavin Newsom has signed SB 53, a first-in-the-nation bill that sets new transparency requirements on large AI companies. SB 53, which passed the state legislature two weeks ago, requires large AI labs – including OpenAI, Anthropic, Meta, and Google DeepMind – to be transparent about safety protocols. It also ensures whistleblower protections for employees at those companies. In addition, SB 53 creates a mechanism … Read more
U.K. banks are commencing a live pilot phase for tokenized sterling deposits, a move that represents a concrete step toward modernizing the core infrastructure of the United Kingdom’s financial system using distributed ledger technology. Summary UK Finance has launched a live pilot of tokenized sterling deposits with six major banks, running through mid-2026. The trial … Read more
Anthropic has agreed to a $1.5 billion settlement with authors in a landmark copyright case, marking one of the first and largest legal payouts of the AI era. The AI startup agreed to pay authors around $3,000 per book for roughly 500,000 works, after it was accused of downloading millions of pirated texts from shadow … Read more
California energy regulators Friday put the brakes on plans requiring oil companies to pay a penalty if their profits climb too high, a temporary win for the fossil fuel industry two years after the governor declared the state had “finally beat big oil.” The postponement by the California Energy Commission until 2030 comes after two … Read more
China Renaissance is using its institutional clout to bridge a critical gap for BNB. The Hong Kong-listed bank has signed an MoU with YZi Labs, allocating $100 million to Binance’s token in an initiative that could open the door to wider adoption of tokens in regulated markets. Summary China Renaissance commits $100 million to BNB, … Read more
Key Takeaways Illinois has enacted new laws to regulate crypto exchanges and protect consumers from digital asset fraud. The legislation requires registration, sets transaction limits and fees, and mandates refunds for scam victims. Share this article Illinois has become the first state in the Midwest to enact crypto-specific consumer protection laws. On Monday, Governor JB … Read more
Vanuatu’s Climate Change Minister Ralph Regenvanu (C) delivers a speech as he attends a demonstration ahead of the International Court of Justice (ICJ) session tasked with issuing the first Advisory Opinion (AO) on States’ legal obligations to address climate change, in The Hague on July 23, 2025. John Thys | Afp | Getty Images Gripped … Read more
Key Takeaways The report proposes a unified federal framework for digital asset licensing, blockchain-driven public-private initiatives, and AI-powered oversight for decentralized finance. Despite referencing the Strategic Bitcoin Reserve, no new details were provided beyond Trump’s earlier executive orders. Share this article The White House has published its long-awaited report on digital assets, laying out a … Read more
A seismic generational shift is underway, and its epicenter is Generation Z. Born from 1997 onward, Gen Z is coming of age in a world where traditional milestones like landing a lifelong job, buying a house in your 20s, or chasing wealth for its own sake have become difficult, or borderline impossible, in the modern … Read more
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