Search results for National Defense Authorization Act
Crypto
CLARITY Act fate hinges on next 2 weeks as U.S. Senate enters last-ditch talks
The CLARITY Act, a key U.S. digital asset market structure bill, faces a critical test as the Senate enters a July 4 recess and negotiations move behind closed doors. Senators return on July 13, but floor time may be squeezed by plans to prioritise the National Defense Authorization Act. Passage hinges on securing 60 votes, including Democratic support. Key disputes include ethics rules tied to President Donald Trump’s crypto holdings and provisions affecting law enforcement authority.
Crypto
Galaxy Research cuts odds of U.S. CLARITY bill passing in 2026; July vote seen as turning point
Galaxy Digital\'s research unit cut its estimate for the U.S. CLARITY bill becoming law this year to 50 percent from 60 percent, citing delays in the Senate calendar and legislative procedures. It said the assessment of the bill itself had not changed. The bill cleared the Senate Banking Committee in May but has no floor vote scheduled. Work is under way to merge drafts involving the Banking and Agriculture committees, and time is limited ahead of the Senate’s late July to August recess.
AI & Enterprise
AI translates 25 years of news in 100 countries, summarises 3,100-page bill in big data test
The GDELT Project, which collects and analyses global news and social data in real time, is disclosing experiments using AI to process large volumes of news and policy documents. It continuously gathers content in more than 100 languages and updates key datasets about events, relationships and images about every 15 minutes. GDELT also runs a platform translating news written in 65 languages. Recent tests include extracting leadership-change announcements and converting a 3,100-page U.S. bill into an infographic.
