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Crypto
TD Cowen says U.S. CFTC crypto trading rules likely delayed until early 2028
New U.S. Commodity Futures Trading Commission rules on cryptocurrency trading may not be proposed until late in the first quarter or early in the second quarter of 2027, with implementation of final rules likely slipping into early 2028, TD Cowen said. The outlook reflects legislative gridlock and a lengthy rulemaking process. TD Cowen also flagged potential tougher platform requirements and the risk of legal challenges extending beyond 2028.
AI & Enterprise
Amazon, Microsoft to drop NDAs in data centre talks with U.S. local governments
Amazon and Microsoft will stop using non-disclosure agreements when negotiating with U.S. local governments over data centre construction. The move follows growing community resistance to AI infrastructure expansion and aims to improve transparency and reduce mistrust. TechCrunch reported Amazon made the change while outlining community contribution plans, and Microsoft announced the same policy earlier. The report said secrecy has fuelled opposition and raised doubts about the effectiveness of short-term permitting pauses.
Crypto
New York, Wyoming streamline reviews of crypto firms, step up regulatory cooperation
Financial regulators in the U.S. states of New York and Wyoming have agreed to cooperate more closely in overseeing cryptocurrency companies. The New York State Department of Financial Services and the Wyoming Division of Banking signed a memorandum of understanding covering licensing, examinations and enforcement. The deal includes sharing review materials and past examination data, coordinating inspection schedules and pursuing joint examinations. Some firms may qualify for an expedited review track, with a target decision within 6 months.
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Crypto
Winklevoss brothers say Zcash looks like bitcoin in 2019
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Mobility
New York City to overhaul e-bike rules, consider more than 20 micromobility bills
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Mobility
Voltpost expands charging network using utility poles and streetlights
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Crypto
Bitcoin wallet dormant for 14 years and 9 months moves, up 2,486,052 percent
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Crypto
CoinEx to close after 9 years amid tougher rules and weak trading
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Crypto
Bitcoin miners increasingly exit mining as funds flow into AI and HPC
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Crypto
Plattsburgh considers 12-month pause on crypto mining and AI data centres to curb high-power facilities
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Crypto
Uphold nears launch of Earn on XRP yield service targeting 1.62 billion XRP
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Crypto
X Money\'s key perk of 6 percent annual interest hit as New York rate drops to 0 percent from October
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Crypto
Circle issues $5 billion USDC in a week, signal of rising liquidity?
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AI & Enterprise
Growing political backlash builds as data centre investment spreads, raising AI bubble warning signs
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Crypto
Ripple targets $10 billion private credit market with institutional lending on XRP Ledger
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Mobility
Amazon\'s Zoox to launch paid robotaxi service in Las Vegas on Aug. 10
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Crypto
XRP holders can borrow RLUSD without selling as Flare\'s FXRP enters Ethereum loan collateral
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Crypto
Circle subsidiary wins New York limited purpose trust charter