US Treasury Secretary Scott Bessent confirmed that Washington is ready to engage Beijing on shared AI safety protocols during the Trump-Xi summit, marking a significant diplomatic moment in global AI governance. The discussions aim to prevent advanced AI from reaching non-state actors while ensuring American innovation continues at full speed.

The US Senate Banking Committee has voted to advance the Clarity Act, the most wide-ranging crypto regulatory bill in American legislative history. Despite opposition from banks, labor unions, and law enforcement, the bill marks a turning point for digital asset oversight in the United States.

The U.S. Senate Banking Committee has released the full 309-page text of the Digital Asset Market Clarity Act ahead of a Thursday markup, setting up a defining battle over stablecoin yield rules, DeFi developer protections, and jurisdictional boundaries between the SEC and CFTC. Here's a breakdown of what's in the bill and why it matters for the digital asset industry.