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Circle preps $1B war chest to deal with market threats from PayPal and others

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Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down.

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Coin Market

NY lawmaker proposes ‘AI dividend’ to address potential job losses

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The proposed AI dividend would be funded by taxes on AI use and equity stakes in AI companies, paying US citizens if automation meaningfully displaces workers.

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Coinbase’s AI payments protocol x402 launches app store for AI agents

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Coinbase’s x402 AI payments protocol has launched Agentic.market, a platform where AI agents can discover and use AI-friendly services.

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Code is ‘functional’ free speech under the First Amendment: Coin Center

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Crypto software developers are concerned about whether they could be held criminally liable for publishing their software, following high-profile convictions last year.

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