White House Ends TikTok Ban On Government Devices

Hong Kong And The Quiet Rewiring Of The Dollar System Authored by Peter C. Earle, Ph.D, Hong Kong’s decision to move forward with its first stablecoin issuer licenses may prove to be about far more than digital payments. With HSBC and a Standard Chartered-led venture among the first approved issuers under the Hong Kong Monetary Authority’s new framework, the city is placing major regulated banks at the center of the next phase of monetary technology. Stablecoins remain overwhelmingly USD- and US Treasury-denominated, with more than 90 percent of the market’s roughly...

Pentagon Weighs Anti-Drone Laser Weapon Deployment In DC To Fortify Airspace We outlined a glaring security gap in U.S. counter-drone defenses well before the U.S.-Iran conflict erupted one month ago. At the time, we specifically pointed out that data centers are largely unprepared for drone threats. We believe the Gulf conflict - after Iran bombed multiple data centers and military bases - has likely pushed the federal government into panic mode, accelerating efforts to deploy counter-drone systems around high-value targets across the homeland, whether military bases or civilian infrastructure. This brings...

US Senate Pushes CLARITY Act Vote To September Authored by Ezra Reguerra via CoinTelegraph.com, Senate Republican leaders are expected to leave for their August recess without voting on crypto market structure legislation, delaying consideration of the bill until at least September, according to a report from Politico.  Senate Majority Leader John Thune confirmed that the chamber would not vote on the legislation before the recess, citing Democratic opposition and saying it would be prioritized when senators return next month.  “The Dems are insistent on no Clarity vote,” Thune said, according to comments his...