Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown
The former SEC chairman who may be tapped to oversee the Trump administration's AI work has a potentially divisive history as a watchdog of tech innovation.…
71% of UK finance leaders expect tokenization to reshape financial services: Lloyds
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for…
Europe’s leaders rush to release diesel from stockpiles as fuel-shock hangs over U.S. midterms
Europe leaders agreed Friday to release some of diesel stockpiles, pulling prices of oil down by more than 4%. Source：MarketWatch
Crypto’s billions are back, but the premiums aren’t
Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their oncehigh valuations.…
Federal Reserve Board issues enforcement action with Ontario Bancorporation, Inc.
Federal Reserve Board issues enforcement action with Ontario Bancorporation, Inc. Source：Federal Reserve
‘Euro stablecoin isn’t enough’: EU issuers make case for USD tokens
European issuers say Europe cannot ignore demand for dollar stablecoins as businesses seek USD liquidity for global payments and settlement.…
Tesla’s EV sales beat Wall Street’s expectations again, and the stock jumps
EV giant Tesla had the best threemonth period for vehicle sales this year, but it was less than a year ago. Source：MarketWatch
America at a crossroads: Commissioner Peirce’s parting challenge
It is incumbent upon us to continue Commissioner Peirce’s mission, writes Will Schwartz, policy associate at the Blockchain Association. Source：CoinDesk
Why Western Digital and Seagate are seeing big stock drops today
Investors are worried that Toshiba will boost its production of a key AI storage product, potentially hurting the strong pricing power that Western Digital and…
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Bitcoin held earlier gains following the report, up more than 2% over the past 24 hours and just below $87,000. Source：CoinDesk
To win the humanoid-robots race, the U.S. needs this critical machine component that’s hard to find
Humanoid robots have the potential to revolutionize life as we know it — but the U.S. does not have a supply chain that can produce key parts.…
Circle urges EU to revise stablecoin reserve rules in MiCA review
Circle wants the EU to replace mandatory bankdeposit minimums with more flexible liquidity rules and preserve crossborder stablecoin issuance.…