SEC resurrecting U.S. crypto custody rule the previous administration failed to land
In 2023, the regulator tried to narrowly restrict the places investment advisers could park clients' crypto assets, but the new approach is still shrouded in…
CrowdStrike’s stock soars after AI fuels the cybersecurity company’s ‘best quarter’ ever
“Every enterprise will run on AI, and securing it is the largest market opportunity in our history,” CEO George Kurtz says. Source：MarketWatch
Salesforce’s stock surges as AI momentum fuels revenue growth
Salesforce cleared Wall Street’s secondquarter expectations and deepened its ties with AI lab Anthropic. Source：MarketWatch
Chainalysis estimates $457B in taxable crypto activity, says CARF misses most
The blockchain analytics firm said just 14% of the onchain activity it identified is covered by the OECD’s international crypto taxreporting framework.…
The ugly math on interest expenses, yields and the $40 trillion U.S. national debt
“The interest payments are starting to snowball,” said Joe Boyle at Hartford Funds. Source：MarketWatch
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AIpowered payment models.…
Crypto Long & Short: Tokenized equities: the model underneath the trade
In this week's Crypto Long & Short, CoinDesk's Joshua DeVos writes that demand for tokenized equities is accelerating fast, from $16 billion to more than $590…
Bill Gates issues a stark warning about AI — and Americans increasingly share his concerns
The Microsoft cofounder is urging technology leaders and government officials to better acknowledge the risks AI poses to jobs and human connections.…
China is collecting on old debts but won’t pay its own
China’s leaders are working to recoup hundreds of billions of dollars worth of unpaid taxes. At the same time, the country is defaulting on a significant…
Meta’s stock gives up gains as Wall Street digests settlement in social-media addiction trial
The socialmedia giant agreed to pay up to $16.68 billion as part of the settlement. Source：MarketWatch
The evidence doesn't support the banks' case against stablecoin rewards
Source：CoinDesk
Students want crypto classes but learn on social media: OKX survey
A separate review found only about 28% of accredited US business schools offered blockchain courses, despite strong demand in the OKX poll. Source：Cointelegraph