Minnesota Governor signs HF 3709, allowing banks and credit unions to offer crypto custody from August 1, while banning all crypto ATMs and kiosks across the state.
The S&P 500 climbed past 7,000 intraday, erasing losses tied to the late-February conflict, while the Nasdaq extended its rally to 10 straight sessions, its longest run since 2021.
AI capex by Alphabet, Amazon, Meta, Microsoft and Oracle is projected to hit 3.2% of US GDP by 2027, overtaking the defense budget at 2.7%. Taiwan's semiconductor supply chain benefits, but lagging application investment risks structural imbalance.
OpenAI is pursuing a private funding round of more than $100 billion at a valuation near $850 billion, while its shift from nonprofit and open-source roots to a capital-heavy corporate structure draws fresh scrutiny.
Pi Network exchange reserves climbed to 418.7 million coins with a 10.83 million net inflow in 24 hours, while trading volume rose 28%. Pi Coin trades near $0.139 as the market watches the $0.13 support and the March 2026 KYC rewards rollout.
Remittix says selected VIP users are now running final platform tests, while public access will open only after the presale reaches $32 million. Users must also complete profile details in the app to qualify for the next testing phase.
The CFTC has replaced prior cooperation guidance with a new enforcement policy that may reward voluntary self-reporting, remediation, restitution, and full cooperation with reduced penalties or possible declinations.
UK Labour lawmakers introduced a permanent ban on crypto donations to political parties, citing transparency risks. The bill has at least 20 backers and will be debated next week. Separately, Reform UK's Nigel Farage faces scrutiny over a £5 million gift from a crypto investor.
