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Microsoft Tells Developers to Default to OpenAI’s GPT-5.6 Sol in GitHub Copilot

Microsoft has instructed its engineers to use OpenAI's GPT-5.6 Sol as the default model in GitHub Copilot, citing the value of the company's token investment and intellectual property rights secured through 2032. The internal directive, described in a memo by CoreAI EVP Jay Parikh and reported by CNBC, marks a concrete inflection point in how enterprise AI spending is being disciplined at the largest technology companies.

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South Africa Drafts Rules That Make Cross-Border Crypto a Regulated Event

South Africa's National Treasury and the South African Reserve Bank have released draft rules defining when crypto transfers become regulated cross-border events under the country's capital flow regime. The South Africa crypto regulation framework is narrower than initial headlines suggest — and its biggest gap may be stablecoins.

Circle Beats Profit Estimates but Misses Revenue as USDC Hits $73B

Circle beat second-quarter profit estimates with earnings of 18 cents per share but missed revenue forecasts, as USDC circulation climbed 19% to $73.3 billion while reserve yields fell 66 basis points. The Circle USDC earnings report reveals a widening gap between network adoption and near-term monetisation — a dynamic that will define stablecoin valuations through the next rate cycle.

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