The United States is pressing India and other partner nations to eliminate technology dependencies on adversarial states as artificial intelligence becomes a defining geopolitical asset. With over $300 billion invested globally in AI during Q1 2026 and Indian companies committing $1.1 billion at a major investment summit, the US-India AI alliance is entering a pivotal new phase.

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.

The cryptocurrency market suffered its largest single-day liquidation event on record, with $19 billion in leveraged positions wiped out after US tariff announcements triggered panic selling. Bitcoin and ether have partially recovered, but options traders are actively hedging for further downside through year-end.