Mark Uyeda, the former acting chair of the US Securities and Exchange Commission, said the agency dropped several cryptocurrency cases in early 2025 because continuing them could have damaged its credibility in court.
Leaders from OpenAI, Anthropic, and Hugging Face jointly called at the United Nations for stronger international coordination in artificial intelligence, hoping that countries would establish mutually comparable standards for AI capability assessments, safety testing, and incident reporting.
Commodity Futures Trading Commission (CFTC) issued a warning about manipulation risks in prediction market 'mention' contracts, Europe welcomed its first Zcash exchange-traded product, and the European Central Bank proposed changes to MiCA's stablecoin reserve rules — all developments shaping the crypto landscape today.
US Treasury Secretary Scott Bessent has emerged as the frontrunner to serve as President Donald Trump's next artificial intelligence czar, according to three sources familiar with the matter who spoke to Semafor.
Zcash led major cryptocurrencies with a 10% surge to above $1,616 during Wednesday's Asian trading session, while Bitcoin held steady near $86,900, according to CoinDesk data.