
Crypto
House Sends Bill Regulating Stablecoins, a Type of Cryptocurrency, to Trump
The stablecoin bill, passed on a 308-122 vote, sets initial guardrails and consumer protections for the cryptocurrency.
The Associated Press is a not-for-profit news agency based in New York City. Established in 1846, it is one of the world's leading news agencies. It has earned more than 50 Pulitzer Prizes.
Crypto
The stablecoin bill, passed on a 308-122 vote, sets initial guardrails and consumer protections for the cryptocurrency.
Energy
Investments framed as part of a race against China for the most advanced deployment of artificial intelligence
AI
'I think everyone in the conservative movement agrees we need to beat China.... I just think we have different prescriptions for doing so.'
Donald Trump
The legislation amounts to a repudiation of the agendas of the past two Democratic presidents, including Joe Biden’s tax credits for renewable energy.
Congress
The bill will become a defining measure of Trump's return to the White House
China
In January 2019, the U.S. Justice Department accused Huawei of using a Hong Kong shell company called Skycom to sell equipment to Iran in violation of U.S. sanctions.
Advanced Energy
Clean energy advocates were deeply disappointed by the bill
Donald Trump
Vice President JD Vance broke a 50-50 tie, with 3 Republican senators joining all Democrats in voting against the measure.
Congress
Now the long debate begins: Renewed pressure to oppose the bill came from Elon Musk, who criticized it as 'utterly insane and destructive.'
Social Media
The measure also would require social media companies to ensure their platform 'does not engage in practices to evoke any addiction or compulsive behavior.'
Elena Kagan
Article about Supreme Court decision includes explainer about age verification laws generally
Copyright
Although Meta prevailed in its request to dismiss the case, it could turn out to be a pyrrhic victory
AI
But must face trial on pirated books
AP
Musk vowed service will quickly spread to other cities, reaching hundreds of thousands of vehicles by next year
Mid East
The Gaza Strip has experienced at least 10 communications partial and full outages since the war began in October 2023.
Satellite
It marked the latest in a series of incidents involving Starship rockets.