Crypto exchange BitMEX says it will shut down on September 23 and users' assets are safe; Trump pardoned its founders in 2025 for failing to implement AML rules
Cryptocurrency exchange BitMEX said on Thursday that it will shut down its operations, effective September 23 …
The Senate's Clarity Act, a crypto industry-backed bill set for a vote this summer, is mired in debate over rules to stop Trump from selling digital currencies
Democrats and Republicans are haggling about the Clarity Act, a major bill pushed by the crypto industry, as it moves closer to a Senate vote.
The Little Tech Association, a new group of ~200 companies across the startup community, including Y Combinator, urges Trump not to ban Chinese open-weight AI
Sophia Cai /Politico:
Doc: nearly 200 US utilities, data center developers, and others have signed Trump's pledge to ensure AI's energy use doesn't push up consumers' electric bills
Trump nominates FCC General Counsel Adam Candeub to lead the DOJ's antitrust unit; Candeub, a longtime Big Tech critic, has long sought to challenge Section 230
Adam Candeub authored a Project 2025 chapter calling for a sweeping shake-up of US competition enforcement
OpenAI executive Chris Lehane says Sam Altman plans to brief the Trump administration and US lawmakers next week on the company's upcoming generation of models
Maggie Eastland /Bloomberg:
US Treasury Secretary Scott Bessent says the Trump administration will look into whether Chinese AI models were distilled from US models and may “sanction them”
“When does it reach the threshold of a national security threat? We're going to have to act, but right now we're not there. We want competition. Competition first.”Ryan Fedasiuk /@ryanfedasiuk:This fr...
OpenAI executive Chris Lehane says Sam Altman plans to brief the Trump administration and US lawmakers next week on the company's upcoming generation of models
OpenAI Chief Executive Officer Sam Altman plans to brief the Trump administration and US lawmakers next week on the upcoming generation …
US Treasury Secretary Scott Bessent says the Trump administration will look into whether Chinese AI models were distilled from US models and may “sanction them”
Ashley Capoot /CNBC:NEW
Sources: parts of the Trump administration are reigniting efforts to implement de facto bans on foreign open-source models, as Chinese AI models gain momentum
Maria Curi /Axios: