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Crypto

Trump buys more Strategy shares, discloses up to $100,000 July purchase

U.S. President Donald Trump disclosed he bought $50,001 to $100,000 worth of Strategy shares on July 27, according to a filing submitted to the U.S. Office of Government Ethics. The disclosure also showed an additional purchase of $1,001 to $15,000 three days earlier, as well as other trades including buying Coinbase shares and selling Mara Holdings and CleanSpark. The filing listed only transaction ranges, not share counts.

Finance

U.S. Pentagon AI deputy who led Anthropic exclusion sells Perplexity and xAI stakes

Emil Michael, the U.S. Defense Department’s deputy undersecretary for research and engineering and chief technology officer, sold a stake in AI search startup Perplexity in June for $5 million to $25 million, according to reports citing disclosures. The sales followed earlier disposals of xAI and Brex stakes. The timing has drawn scrutiny because Michael played a key public role in the Pentagon process targeting Anthropic, while Perplexity and xAI compete for U.S. government AI contracts.

Crypto

U.S. Democrats signal scrutiny of Trump\'s crypto business, adding uncertainty to Clarity bill

If U.S. Democrats win a House majority in November\'s midterm elections, opening investigations into President Donald Trump\'s finances and cryptocurrency business could become Congress\' top priority, raising the risk that the market-structure Clarity bill remains stalled. Democrats are tying support for the bill to addressing potential conflicts of interest involving the Trump family\'s crypto ventures. Republican delays on subpoenas and hearings could be reversed if control shifts, while Senate action on the bill has been pushed back.