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ZRO token falls 17% amid controversy over LayerZero’s ‘not an airdrop’

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After its June 20 launch, ZRO surged 15.15% within just 20 minutes before sharply tumbling 22% as people debated whether the donation mechanism was genius or just an excuse for a “tax.”

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US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules

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According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s.

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SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws

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The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are structured and operated.

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Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches

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Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator pushes to test AI applications in financial services.

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