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Crypto

U.S. banks call for stablecoin rules to cover secondary market trading

U.S. banking groups have urged regulators to clearly extend anti-money laundering rules for stablecoins beyond issuance to secondary market trading. The crypto industry has pushed back, warning that imposing responsibility for transactions issuers cannot control could shrink the DeFi ecosystem. The debate centres on who should monitor transfers after issuance, including movements between exchanges, DeFi protocols and private wallets, and how far regulatory responsibility should reach.

Crypto

Flare co-founder welcomes Charles Hoskinson return after XRP-BTC clash

Flare co-founder Hugo Philion publicly supported Cardano founder Charles Hoskinson\'s return to activity on X, after the two clashed over XRP and bitcoin interoperability and bitcoin-based DeFi strategy. Philion said the crypto industry would be worse off without Hoskinson, Cardano and Midnight, while maintaining Cardano was duplicating work that could be done using FXRP and Flare Bitcoin via LayerZero. Hoskinson had briefly reduced public activity before returning.

AI & Enterprise

U.S. researchers flag five misconceptions about AI-blockchain combination

Researchers from major U.S. universities said industry debate around combining artificial intelligence and blockchain includes exaggeration and set out five common misconceptions. They said blockchain cannot detect AI-generated content by content alone, decentralisation does not remove algorithmic bias, and giving AI agents wallets does not make them autonomous economic actors. They also said recording data on a blockchain does not guarantee original data reliability, and decentralisation may not cut AI costs.