JUST IN: πΊπΈ President Trump says Americans should trust AI companies to regulate themselves.
JUST IN: πΊπΈ Morgan Stanley has set up a "Digital Asset Lab" to trial crypto infrastructure for Wall Street.
JUST IN: πΊπΈ The US Treasury will conduct another buyback of up to $6 billion in longer-dated debt tomorrow.
JUST IN: π¨ A new stablecoin, Open USD (OUSD), has gone live with backing from Visa, Stripe, Shopify, Coinbase and Mastercard. The token is launching on Solana, Base, Ethereum and Tempo with $1 billion in initial liquidity.
JUST IN: πΊπΈ The US Senate is set to vote on legislation barring members of Congress and their families from buying or selling stocks, though lawmakers would not have to divest holdings they already own.
JUST IN: πΊπΈ Markets no longer expect the Federal Reserve to raise interest rates at the upcoming FOMC meeting.
JUST IN: πΊπΈ Meta labeled Mark Zuckerberg a "researcher" to secure a $355 million tax break tied to his $4 billion compensation, and the IRS is now seeking to claw back those savings.
JUST IN: πΊπΈ SEC Chair Paul Atkins says the regulator is working to deliver regulatory clarity for crypto and innovation in digital finance.
JUST IN: πΊπΈ Florida Governor Ron DeSantis says the United States should "never" adopt a Central Bank Digital Currency.
JUST IN: πΊπΈ OpenAI chief Sam Altman will not attend a Congressional hearing on artificial intelligence.
JUST IN: πΊπΈ Trump says Federal Reserve Chair Jerome Powell should be "forced to resign" from the board.
JUST IN: π¨ Google has officially introduced 'Gemini 4', which it describes as its most powerful AI model to date.
JUST IN: π¨ A former senior Federal Reserve official was blackmailed by a Chinese spy after using an Asian dating site and sending nude photos from his government-issued phone.
JUST IN: π¨ MetaMask says it is responding to a security incident affecting part of its infrastructure, adding that there is "no immediate threat" to wallets at this time.
JUST IN: πͺπΊ EU regulators say they require expanded authority to oversee and police the crypto sector.
JUST IN: πΊπΈ The average US 30-year fixed mortgage rate has climbed to 7.6%, its highest since 2023. The 10-year Treasury yield hit its highest level since 2002 after the biggest quarterly jump since 1994, while the 30-year yield rose to 5.69% amid bond selling.