The U.S. and China have reportedly set up an AI dialogue hotline, but Treasury Secretary Bessent publicly described the technical details as ‘BS’, highlighting that the two sides remain far apart on AI issues.
European central banks are reportedly pushing to extend the scope of the stablecoin yield ban to crypto lending and staking, further tightening EU stablecoin regulation in a move that could significantly affect crypto finance businesses operating in the EU.
The SEC’s chief crypto counsel outlined a regulatory path for crypto custody at an industry conference, potentially clarifying a long-awaited framework that could clear obstacles to large-scale institutional entry.
U.S. President Trump warned at the U.N. General Assembly that America could ‘annihilate’ Iran militarily, but also expects a new deal after the November midterm elections. The remarks reflect a dual-track strategy of maximum pressure and parallel diplomacy.
The U.S. and Denmark have reportedly reached a framework agreement on new U.S. military bases in Greenland, with political and economic arrangements for Denmark and Greenland. The deal seeks to ease recent transatlantic tensions over the Greenland question.
Hong Kong-based crypto and gaming venture firm Animoca Brands has delayed its IPO plans and suspended merger talks with Currenc. Under the original plan, Animoca was to own 95% of the merged company, with talks having started late last year.
U.S. spot bitcoin ETFs saw nearly $1 billion in net inflows on Monday, the largest single-day inflow since October last year and the ninth-largest daily inflow of the year. Institutional capital return combined with bitcoin’s rally to its highest level since January signals sustained mainstream allocation interest.
Iran signaled the Strait of Hormuz could reopen within a week, prompting a swift response in global crude markets with WTI falling to $89 a barrel. Bitcoin steadied near $86,000 after a softer Asian session, with risk appetite lifting as oil prices declined.
Lithuanian PM Sinkevičius told BBC Newsnight that Lithuania has long felt security threats from Russia and has prepared both to fight back and to evacuate if attacked. The remarks highlight the security anxiety of NATO’s eastern flank amid the Ukraine war.
Federal prosecutors in Manhattan and the Justice Department are investigating whether Binance, the world’s largest crypto exchange, knowingly permitted users to circumvent U.S. sanctions on Iran. The focus is on whether the platform was aware and facilitated such activity, a case that could reshape crypto industry compliance standards.