Category: crypto

House Republicans shut down an Iran war powers resolution on April 10 before Maryland Democrat Glenn Ivey could propose limiting President Trump’s authority. The resolution would have forced a vote to limit Trump’s ability to continue the conflict with Iran. Democrats argue for congressional authorization, while Republicans oppose limiting presidential war powers during negotiations. Congress…

The Board of Immigration Appeals denied Mahmoud Khalil’s challenge in his deportation case, bringing him closer to possible expulsion from the US. Supporters protest across major cities. The case is seen as a clash between free speech and immigration laws. Khalil’s legal team plans to continue challenging the ruling in federal courts.

Melania Trump denied any ties to Jeffrey Epstein, calling claims of a connection lies in a surprise White House appearance on April 10. The move was seen as a deliberate response to halt further speculation, with ongoing pressure for the release of sealed Epstein documents continuing to generate interest and questions.

The acting CDC director blocked the publication of a study showing COVID-19 vaccine benefits due to concerns about the research methodology. This decision has sparked backlash from experts, who argue that the study’s design is standard practice in vaccine research. Critics see this as part of a pattern of administration interference with public health data.

US police departments are increasingly using AI for criminal investigations, but experts warn of risks like false leads and violations of due process. The technology allows for faster analysis and pattern recognition but lacks transparency in reaching conclusions. Concerns also arise about accountability for wrongful investigations caused by AI-generated leads.

Maine and Missouri have introduced legislation to ban the clinical use of AI in mental health therapy, with Maine’s LD 2082 allowing AI for administrative roles, while Missouri’s HB 2372 covers therapy services with a $10,000 penalty for violations. The move reflects a growing consensus among states that AI should not replace licensed human therapists…

OpenAI is finalizing an advanced AI cybersecurity product for a limited partner release, while Anthropic is running Project Glasswing to find software vulnerabilities. Both initiatives raise questions about control and responsibility in AI security. Anthropic has demonstrated the potential of AI security tools, highlighting the risks of dual-use capabilities.

The CRYPTO Act proposed by Manhattan District Attorney Alvin Bragg and New York State Senator Zellnor Myrie would criminalize unlicensed virtual currency operations in New York, with penalties of up to 15 years in prison for operators moving $1 million or more in a year. This is in response to federal pullback on crypto enforcement.

Six Democratic senators accused Deputy Attorney General Todd Blanche of a conflict of interest due to his cryptocurrency holdings when he issued a memo disbanding the National Cryptocurrency Enforcement Team. Blanche divested his holdings to family members before the memo, which benefited the crypto industry broadly. Senators demanded documentation on the issue.

Coinbase withdrew support for the latest CLARITY Act draft, citing concerns about restrictions on stablecoin yield and transaction size data access. The changes could strip the exchange of $800 million in annual revenue. This standoff could fracture industry consensus on crypto regulation, complicating the bill’s passage before the May deadline.