🚨 JUST IN: Russia’s State Duma just approved a landmark crypto bill! If signed by President Putin, the new regulations will go into effect on Sept. 1. 🇷🇺
The United States and China will hold high-level AI talks in September, with U.S. Treasury Secretary Scott Bessent leading the American delegation, according to Reuters. The discussions are expected to focus on #artificialintelligence cooperation, governance, and the growing strategic competition between the world's two largest economies.
🇺🇸 White House Crypto Advisor Patrick Witt says his National Guard training has been deferred, allowing him to remain focused on advancing the CLARITY Act through the Senate
🇨🇦 JUST IN: President #TRUMP has signed executive orders imposing 50% tariffs on a broad range of Canadian imports. The new #Tariffs are scheduled to take effect in 30 days, according to The #NewYorkTimes .
🇺🇸 The White House has reportedly finalized an ethics package for the CLARITY Act and sent the proposed language to select Senate Republicans for review, according to Eleanor Terrett. The move could mark another step forward in advancing U.S. #crypto market structure legislation.
🇺🇸 Bank of America has appointed new executives to accelerate its #DigitalAssets platforms, #tokenization initiatives, and #AI transformation, signaling a stronger push into the future of finance.
Meta is reportedly in talks to lease AI computing power to Anthropic in a potential $10 billion agreement, according to the NYT.
If finalized, the deal would mark one of the largest AI infrastructure partnerships ever, underscoring the surging demand for high-performance computing in the AI race.
The CLARITY Act text is expected to be released on Thursday following a meeting with President Trump. However, Senate Democrats have reportedly said they do not support the bill, raising fresh uncertainty over its path forward.
🚨 Japan Takes a Major Step Toward Crypto Adoption 🇯🇵
Japan has approved a landmark bill recognizing cryptocurrencies as financial instruments, opening the door for spot Bitcoin ETFs and introducing a flat crypto tax rate of around 20%.
President Trump has reportedly replaced the proposed 20% U.S. reimbursement fee with major Gulf trade and investment agreements while simultaneously tightening pressure on Tehran by imposing a blockade on Iranian shipping.
The IEA says global oil demand is set to decline in 2026 for the first time since the COVID-19 pandemic, citing disruptions caused by the Iran war. $FET $WLD $ORDI