U.S. President Donald Trump did not use the terms “cryptocurrency” or “digital assets” at a White House cybercrime roundtable focused on large-scale online fraud and the government’s response. He instead referred to fraud-linked assets as “cybercurrency,” while other participants also avoided the industry’s common terms. The meeting drew renewed attention to conflict-of-interest controversy surrounding crypto businesses involving Trump and his family, and to continued enforcement actions tied to foreign-linked fraud and money laundering.

Meta set next year as the point when it expects profitability to improve in its loss-making AI and hardware businesses. Chief Executive Mark Zuckerberg said the AI assistant Muse and Reality Labs are not currently generating profit, but he expects better profitability from next year. Meta plans to earn revenue by charging small transaction fees on purchases driven by Muse, which is available only in the United States and Canada. Meta also forecast Reality Labs losses to narrow over time.