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AI & Enterprise

Sanders says 97 percent of Americans want AI regulation, urges Congress to legislate

U.S. Senator Bernie Sanders urged Congress to stop delaying legislation on artificial intelligence safety rules, saying support for regulation is overwhelming. He said lawmakers should listen to the public rather than billionaire big tech companies. Sanders cited polls showing 70 percent of Americans say AI is developing too fast and 97 percent want AI safety regulation. He also pointed to divisions within the Democratic Party over the strength of regulation.

Crypto

U.S. CLARITY bill markup on May 14 seen as turning point amid fight over stablecoin rewards and conflicts

The U.S. Senate Banking, Housing and Urban Affairs Committee will hold a markup on May 14 for the CLARITY bill, a crypto market structure measure. A compromise would bar simple interest on stablecoin balances but allow rewards tied to transaction activity, drawing calls for tighter language from banking groups. Democrats want ethics provisions on digital asset conflicts for federal officials in the bill text, while Republicans dispute jurisdiction. The White House rejects targeted ethics language.

Crypto

Coinbase, Kraken, Gemini seek looser token listing rules in U.S. Clarity Act

Major cryptocurrency exchanges are pressing for looser token listing standards in a U.S. Senate bill on crypto market structure, intensifying a debate over the direction of regulation. Coinbase, Kraken and Gemini want language removed or revised that would limit trading to digital assets not easily exposed to manipulation. They warn it could make listings harder for tokens with low liquidity or small market value. Lawmakers are still negotiating the bill alongside other issues.