The latest in digital assets, markets and regulation.
Senate Democrats are preparing a counterproposal to the Republicans' revised CLARITY Act, citing dissatisfaction with crypto ethics language ahead of a key procedural vote.
Bank of America CEO Brian Moynihan projected a decline of more than 10% in third-quarter investment banking fees, causing shares to slide 5%.
Microsoft AI published a draft Code of Conduct on September 14, establishing absolute constraints for its models and opening a six-week public comment period.
Senator Cynthia Lummis credits President Trump with accepting strict ethics reforms, including state attorney general enforcement powers, to secure passage of the Clarity Act.
Bernstein analysts state that crypto markets have not priced in a positive surprise regarding the Clarity Act, citing recent Republican concessions on ethics and banking issues.
