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US Financial Services Committee leaders want ‘regulatory sandboxes’ for AI

In a letter signed only by republicans, the committee responded to a request for information sent by the Department of the Treasury. Source link

Cantor Fitzgerald CEO to co-lead Trump transition team

The financial services company has managed the treasury portfolio for stablecoin issuer Tether since 2021. Source link

Bitcoin price stumbles as gold price hits $2.5K for the first time ever

Bitcoin could hardly look less like gold as sideways BTC price moves meet all-time highs. Source link

Bitcoin is back in 'accumulation' — But what does it mean for BTC price?

Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700. Source link

Bitdeer to expand operations with $150M convertible notes offering

Bitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering.  Source link

Does Hong Kong have issues with USDT and USDC? OSL exec weighs in

As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC. Source link

Institutional adoption of Bitcoin ETFs surges 27% in Q2 

Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs. Source link

Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant

Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes. Source link

South Africa’s new AI framework sets foundation for tech leadership

As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy. Source link

Bitcoin Spot ETFs net $11M inflow, despite GBTC loss

Despite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows. Source link