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Crypto
Coinbase vice chair says U.S. Clarity bill could pass before August recess
Coinbase maintained optimism that the U.S. crypto market structure bill known as the Clarity Act could pass before the August recess. Vice Chair Ryan VanGrack said the bill is on track despite a weaker outlook and said late-stage negotiations are typical in Washington. He said much of the text, including consumer protections and enforcement tools, is already in place. Senate Democrats are seeking to delay a procedural vote, while Majority Leader John Thune says it will proceed.
AI & Enterprise
Why offline bookstores are reviving in an era of less reading
Americans are reading less, but bookstores in the United States are reviving, Axios reported. Barnes & Noble and independent stores, once threatened by Amazon’s rise and Borders’ collapse, are opening new outlets and growing sales. Barnes & Noble CEO James Daunt says a turnaround is underway, while the American Booksellers Association cites a 70 percent rise in bookstores from 2021 to 2025. The sector faces pressure from AI summaries and social media, but store operators say trends are shifting.
World
IRGC warns of attacks on U.S. big tech including Apple, Google and Meta
Iran\'s Islamic Revolutionary Guard Corps (IRGC) singled out U.S. technology and finance companies, including Apple, as \"terror companies\" and warned it would attack their facilities in the Middle East. In a Telegram message, it said the firms cooperate with U.S. and Israeli military operations and urged employees to leave workplaces immediately. It also told civilians within 1 km of facilities to evacuate. Companies\' official responses were limited, and details of any attack were not provided.
