The Trump administration on Tuesday plans to unveil new bans that target imports of β the latest βChinese robots and power inverters, seeking β to protect the U.S. AI buildout from national security threats and reshore key industries slated for explosive growth.
The FCC βon Tuesday afternoon plans to roll out the measures, which bar Chinese imports of new humanoid and βquadruped robots β in addition to connected power inverters, which enable renewable energy sources and batteries to connect to grids and data center equipment, the people said.
βThe President has made clear that the U.S. must have independent and secure supply chains β for critical and emerging technologies like robotic devices and power inverters,β said an administration official.
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X Payments Canada Inc. is now a registered Payment Service Provider with the Bank of Canada under the Retail Payment Activities Act, effective July 14.
Combined with its earlier FINTRAC money services business registration from April, X now holds both major Canadian approvals needed to offer payments, money transfers and wallet or peer to peer features.
The remaining steps before a public Canadian rollout are mainly operational.
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For financial infrastructure, being called βboringβ is actually high praise. Not boring as in stagnant, boring as in reliable: the system behaves tomorrow the way it behaved today, so the people who depend on it donβt have to think about it.
Surprises grab headlines, but βno surprisesβ gives you something you can build on.
For twelve years, the Stellar network has behaved exactly this way: each day like the one before it. That isnβt luck. Itβs design β and it shows most clearly in what the network protects when things go wrong.
An exec advocating adoption of a network is not asking whatβs interesting about it.
On a network engineered for the absence of surprise, the answer is a short list, and that short list is what makes the network defensible as infrastructure.
None of this means the innovation stopped. In fact, boring means that innovation is happening all along, but thoughtfully, critically, and with consistency in mind β so the people building on top never have to feel it. The network changes; the ground under your feet does not.
Ten years from now, the test of a network will be the same as the test today: Did it stay the same long enough for the things built on top of it to remain true?
The networks that pass will not look exciting on a feed. They will look the same as they always did. That is the feature.
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OSL Group just opened the XRP floodgates for everyday investors in Hong Kong. The publicly listed exchange launched retail XRP trading on its OSL HK platform, making it the first Securities and Futures Commission-licensed exchange in the city to let regular investors buy and sell the token.
The new retail XRP products include flash trades denominated in XRP/USD, along with over-the-counter pairs for both XRP/USD and XRP/HKD. Deposits and withdrawals are supported directly on the XRP Ledger network.
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Users connect PayBox to ChatGPT or Claude through a custom connector, allowing the AI assistant to prepare transactions such as booking flights, making restaurant reservations, or shopping online.
PayBox launches with support for Solana and Ethereum Virtual Machine-compatible blockchains, including Ethereum, Hyperliquid, Tempo, Base, Robinhood Chain, Arbitrum and Polygon, with additional networks planned.
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Russiaβs Federal Security Service (FSB) charged Telegram founder Pavel Durov with aiding terrorist activity and placed him on an international wanted list.
The FSB accused Telegram of failing to remove channels, chats and bots allegedly used by Ukrainian intelligence and extremist groups to coordinate sabotage, attacks and cyber fraud inside Russia, according to Interfax.
Pavel Durov was quick to respond
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The rogue agent that escaped from OpenAI and went on a days-long hacking spree at the AI firm Hugging Face also compromised a customer at a second tech company β New York-based Modal Labs β according to a Modal executive and two other sources familiar with the matter. Modal executives emphasized that the company itself was β not hacked.
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K2 launches on Stellar, bringing a lending and borrowing protocol designed around the same principle that drew regulated finance to the network in the first place: open infrastructure paired with the controls institutions require.
K2 is built to put that capital to work. As more regulated assets come onchain, the ecosystem needs a lending layer that can serve both open retail markets and permissioned institutional ones without compromising on either.
β Pooled markets: shared liquidity across blue-chip assets for capital efficiency.
β Isolated markets: risk-contained markets that let new or volatile assets list without exposing the rest of the protocol.
β Gated markets (new): permissioned markets where only whitelisted participants can supply and borrow.
As the network grows, K2 intends to grow with it.
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Google will bring its Play Signal API to users worldwide by the end of 2026. The Play Age Signals API is a privacy-preserving tool that puts parents in the driver's seat allowing them to share their child's age range (e.g. 16-17) directly with apps. It also enables adults to easily share their age when prompted by the app developer.
The technology is already available in Brazil. The expansion will initially bring the API to Australia and Canada by mid-August, before rolling out globally to all markets by the end of the year.
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The financial industry is moving toward a world where markets never close, payments settle in real time and investors expect access to their money around the clock, according to Morgan Stanley executives, who say tokenization is accelerating a shift away from traditional banking hours.
"The move to tokenized assets is about far more than cryptocurrencies. Instead, the focus is on rebuilding financial infrastructure for an always-on economy," β argued Betsy Graseck, Morgan Stanley's global head of banks and diversified finance research.
"I do phrase it as, look, this is the end of banker hours," β Graseck said. "Your batch processing mentality is going to be a thing of the past."
The bank recently began expanding its digital asset offerings with crypto trading on E*TRADE and new Bitcoin, Ether and Solana ETFs.
"If you do not modernize your rails to enable yourself to participate as flows shift to digital asset rails, you're not positioning yourself for growth," β she said.
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Ripple and Aviva Investors have launched the first tokenised fund on the XRP Ledger Wednesday, marking the first tokenized fund structure approved by the Central Bank of Ireland.
The tokenised share class launch was also supported by Komainu, a regulated institutional digital asset custodian, alongside Licuido, a digital platform company that helps Asset Management companies to tokenise real world assets.
βWeβre thrilled to be able to announce the launch of our first fund in the tokenisation space, with the addition of the new tokenised share class for our USD Liquidity Fund.
Innovation has always been central to Aviva Investorsβ heritage, and we believe that tokenisation is a significant development within the investment industry," β said Mark Versey, CEO at Aviva Investors.π
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βI think that itβs extremely unlikely if you look out five years from now, for example β whatever period of time you want β that you donβt have billions of people with a personal agent that understands your goals and that is just working on your behalf 24/7 to achieve your goals in whatever the domain is that you care about,β β Zuckerberg said on Wednesdayβs quarterly earnings call with investors.
Zuckerberg added that he could see people using these agents to help them with their finances, health, interpersonal relationships, and household management.
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President Donald Trump unveiled plans to revamp Dulles International Airport that would create an underground train and ditch the controversial βpeople movers,β the bus-like mobile vehicles that transport passengers arriving from international destinations. The project is estimated to cost around $22 billion.
βWeβre gonna make this something special,β β Trump said at a White House event.
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OpenAI chief executive Sam Altman met Wednesday with senators to preview one of his companyβs newest AI models, as lawmakers grapple with a recent autonomous AI-led cyber breach. Asked when or if OpenAI planned to release the model being previewed to senators, Altman said:
βNot sure. Thatβs part of what weβre here to talk about. We talked about our new model and you know what itβs going to take for America to remain competitive with AI.β
Altman declined to expand on what new capabilities the model may have.
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China has begun mass producing domestically developed immersion deep-ultraviolet (DUV) lithography machines, a technology crucial to advanced chipmaking. DUV is a key chipmaking tool long dominated by ASML.
Shanghai Aishengna Electronic Technology Group, a little-known βChinese state-owned company, is leading the production effort after incorporating teams from top Chinese lithography startups.
The development represents a win for Beijing's nationwide semiconductor self-sufficiency initiative, one of President Xi Jinping's highest priorities, but will not pose an immediate commercial threat for Dutch supplier ASML.
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