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Industry
U.S. clean energy policy change ripples as tax credits cut for 3,446 projects
More than 3,400 U.S. manufacturing projects and sites have been affected by changes to clean energy support policies, including reduced tax credits and project suspensions, an analysis showed. The BlueGreen Alliance released an interactive map tracking 3,446 affected clean energy-related projects nationwide, drawing on eight databases. The policy shift stems from a budget reconciliation law passed in 2025 that ended or reduced many tax benefits expanded under the Inflation Reduction Act.
Crypto
U.S. SEC revises crypto custody rules, clarifies safekeeping standards
The U.S. Securities and Exchange Commission has submitted to the White House Office of Management and Budget a revised rule on cryptocurrency custody for investment advisers and investment companies. The proposal would remove parts of the existing custody framework while setting clearer standards for holding crypto assets. The SEC filed it on Aug. 25 and details are expected after OMB review, followed by a vote and more than 60 days of public comment.
Industry
Hanwha Philly Shipyard wins contract for U.S. \'Golden Dome\' missile defense support ship
Hanwha Philly Shipyard will build a key support vessel to be used in the United States\' \'Golden Dome\' missile defense programme. The U.S. Maritime Administration on July 17 announced the signing of a contract to build a sea-based missile test instrumentation vessel, or MRIV, at a naming ceremony for the fourth National Security Multi-Mission Vessel. The MRIV will be delivered in phases starting in 2030.
