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California senator slams OpenAI’s opposition to AI safety bill

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As the debate over SB 1047 intensifies, Wiener remains steadfast in his support for the bill, which he believes is a necessary step toward responsible AI governance.

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Coin Market

Bitcoin price rejects at $83K as Trump calls Iran deal ‘big assumption’

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Bitcoin price action failed to revisit the $83,000 mark after US-Iran war tensions took over to steer the crypto market mood.

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Stablecoin industry opposes Bank of England’s unhosted wallet ban

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The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins.

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Morgan Stanley takes on crypto trading rivals with E*Trade pilot

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The Wall Street bank is charging 50 basis points per crypto trade, below basic retail pricing at Coinbase, Robinhood and Charles Schwab.

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