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πŸ‡ΊπŸ‡Έ The Utah Bankers Association endorsed Stablecore as a digital asset technology provider for state-chartered banks.

UBA President says digital assets represent a shift in financial services and the endorsement provides a path for Utah banks to explore these capabilities. 🏦

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πŸ€– Biconomy introduces ERC-8211 "smart batching," allowing multiple actions to execute together in one transaction while resolving values dynamically.

The system enables AI agents to perform complex multi-step DeFi workflows without hard coding parameters or hard forks.

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πŸ–₯️ Intel joins the Terafab project with SpaceX, xAI, and Tesla to help refactor silicon fab technology.

Leveraging Intel's ability to design and package chips at scale, the collaboration aims to accelerate the consortium's goal of producing 1 TW/year of compute for AI and robotics.

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πŸ‡ΊπŸ‡Έ Alabama has enacted HB259, requiring payment stablecoin issuers to obtain a license from the Alabama Securities Commission.

The law aligns with the Genius Act and prohibits unlicensed issuers starting in 2028, setting a July 18, 2028 deadline for compliance. πŸ“œ

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πŸ‡ΊπŸ‡Έ SEC staffing has fallen 18% since 2024, while the CFTC is down 25%, per Bloomberg.

The administration is rolling back rules, with the SEC embracing crypto and the Fed reversing bank capital requirements.

Atkins continues to aim for a "new golden age of regulatory coherence."

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