AI Safety Bill Launches to Limit Government Control
@Anthropic proposed a federal AI safety bill limiting government intervention on advanced AI models, allowing halts only for severe risks exceeding $1B or 50+ casualties. #Update #Legal
US Congress
Congress Investigates Polymarket Kalshi Insider Trading
The U.S. House of Representatives is investigating prediction market platforms @Polymarket and @Kalshi for insider trading, focusing on bets tied to elections and military events in Venezuela and Iran. #Breaking #Legal $USDT
Crypto Tax Rules Transform with PARITY Act
The U.S. Congress introduces the PARITY Act, aiming to modernize cryptocurrency taxation with tax exemptions for small transactions, enhancing clarity and fairness in the crypto market. #Update #Crypto $BTC $ETH
AI Dominates US Congress Elections Debate
AI has become a key issue for voters in the U.S. midterm elections, with Trump’s executive order intensifying regulatory conflicts and local resistance against AI infrastructure due to environmental concerns. #Update #Crypto
FTX Co-Founder Pardon Rejected in $8B Scandal
Sam Bankman-Fried seeks a presidential pardon following his $8 billion fraud conviction, facing bipartisan congressional opposition and lack of support from the Trump administration. #Update #Legal $BTC
SEC Grills Congress on Sana-Trump Market Risks
U.S. lawmakers have formally questioned the SEC about Justin Sun’s investments in crypto projects linked to Donald Trump, raising concerns over market risks and potential conflicts of interest for retail investors. #Update #Crypto $TRX